24426 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 24426, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

24426 is a zip code in Alleghany County and Covington city, Virginia, which covers Boiling Springs, Covington, Falling Spring, Jackson River, Sharon, and Covington, with a total population of 13,386 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 24426 zip code. The most basic data is the total population, which is the total number of people living in 24426.

The estimated population of people living in 24426 is 13,386, with a median age of 45.3.

We can look back at data from previous years to see how the population in the 24426 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
13,386
+0.97%
-3.27%
2020
13,258
 -1.43% -
2019
13,451
 -0.99% -
2018
13,585
 -1.84% -
2017
13,839
 - -

Population of 24426 by Race and Ethnicity

How much has the race and ethnicity of the population in the 24426 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
88.3%
90.2%
 -2.11%
Black/African American
6.7%
6.7%
 0.00%
Native
0%
0%
 0.00%
Hispanic
2.6%
1.3%
 +100.00%
Asian
0.5%
0.6%
 -16.67%
Hawaiian/Pacific Islander
0%
0.2%
 -100.00%
Two Or More Races
1.9%
1.1%
 +72.73%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 24426 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 24426 by Age and Gender

We can also monitor the change of the age and gender in the 24426 zip code to track track trends in the population over time.

We can see how the population in 24426 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 45.3 +0.44% 44.7 +0.22% 45.5 +0.22%
2020 45.1 +0.89% 44.6 +3.72% 45.4 0%
2019 44.7 -1.76% 43 -2.93% 45.4 -2.16%
2018 45.5 +0.66% 44.3 +0.91% 46.4 +0.43%
2017 45.2 - 43.9 - 46.2 -

The median age of the 24426 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 24426 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 688 -0.62% 650 +4.28% 666 654
10 to 19 987 -6.12% 771 +9.54% 895 837
20 to 29 811 -24.16% 710 -0.15% 615 698
30 to 39 646 -3.99% 629 +25.93% 618 804
40 to 49 950 -3.99% 1,017 -24.41% 909 788
50 to 59 903 +7.42% 949 +15.4% 970 1,092
60 to 69 1,037 +2.45% 1,089 -8.08% 1,060 1,002
70+ 831 -7.4% 1,171 -12.22% 760 1,018

Median Household Income

The latest median household income for the 24426 zip code is $47,469.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 24426.

  • Under 25
    $33,558.00
  • 25 to 44
    $50,132.00
  • 45 to 64
    $54,493.00
  • 65 and over
    $39,861.00

Average Household Income

Whenever we ask what is the average household income in the 24426 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 24426, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 24426 is currently $62,372.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

2.11% of households in 24426 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 24426 against other zip codes.

  • Less than $24,999
    24.25%
  • $25,000 to $49,999
    27.86%
  • $50,000 to $74,999
    17.23%
  • $75,000 to $99,999
    12.57%
  • $100,000 to $149,999
    12.83%
  • $150,000 to $199,999
    3.15%
  • $200,000 or more
    2.11%

Per Capita Income

The per capita income in 24426 is $27,961.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 24426 by the total population of 24426.

This is different from the average or mean income because it includes and accounts for all people living in the 24426 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 24426 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    7.33%
  • Bachelor's degree
    13.24%
  • Some college or associate's degree
    17.46%
  • High school diploma or equivalent
    59.35%
  • Less than high school diploma
    2.62%

Employment

Employment rates are all based around the total population in 24426 that are over the age of 16.

Currently, the total population of the 24426 zip over the age of 16 is 11,041.

Of those people, a total of 54.70% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 24426 is 53.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 24426 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 707 23.50% 19.30%
20 to 24 years 568 77.80% 1.40%
25 to 29 years 745 73.20% 1.50%
30 to 34 years 658 69.90% 0.00%
35 to 44 years 1,620 71.00% 4.00%
45 to 54 years 1,803 82.30% 2.90%
55 to 59 years 1,100 83.50% 0.00%
60 to 64 years 1,039 50.80% 0.00%
65 to 74 years 1,773 18.00% 3.10%
75 years and over 1,028 2.00% 19.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 24426. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 10,017 53.70% 2.60%
Black or African American 777 60.40% 2.30%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 67 40.30% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 180 87.20% 0.00%
Hispanic or Latino 229 77.30% 2.30%
Not Hispanic or Latino 9,853 53.30% 2.50%

Occupations

In this section we can look at the most common occupations for people living in the 24426 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 24426 is 5,886, with median earnings of $34,754.00.

Women in 24426 are earning approximately 59.00% of the men's earnings.

Population Earnings
Total 5,886 $34,754.00
Male 2,938 $44,734.00
Female 2,948 $26,373.00

Occupations by Category

In the table below, we can break down the population and earnings for 24426 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 380 $53,500.00
Business and Financial 99 $43,350.00
Computer and Mathematical 54 $41,848.00
Architecture and Engineering 72 $54,732.00
Life, Physical, and Social Science 27 $0.00
Community and Social Service 53 $41,328.00
Legal 11 $0.00
Educational and Library 242 $50,000.00
Arts, Design, Entertainment, Sports, and Media 73 $65,099.00
Healthcare Practitioners 303 $59,712.00
Healthcare Support 362 $22,656.00
Firefighters and Protective Service 80 $40,714.00
Law Enforcement 173 $46,603.00
Food Preparation and Serving 299 $14,705.00
Building and Grounds Cleaning 293 $30,838.00
Personal Care and Service 205 $15,417.00
Sales 411 $25,605.00
Office and Administrative Support 771 $28,544.00
Farming, Fishing, and Forestry 43 $31,406.00
Construction and Extraction 391 $53,661.00
Installation, Maintenance, and Repair 289 $40,430.00
Production 694 $43,819.00
Transportation and Material Moving 239 $43,342.00

Occupations by Gender

Now we can also look at the occupations by category for 24426 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 24426.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 204 $91,250.00 176 $48,571.00
Business and Financial 36 $79,000.00 63 $34,821.00
Computer and Mathematical 16 $0.00 38 $40,978.00
Architecture and Engineering 72 $54,732.00 0 $0.00
Life, Physical, and Social Science 8 $0.00 19 $0.00
Community and Social Service 3 $0.00 50 $41,094.00
Legal 0 $0.00 11 $0.00
Educational and Library 50 $70,268.00 192 $46,286.00
Arts, Design, Entertainment, Sports, and Media 37 $0.00 36 $0.00
Healthcare Practitioners 59 $59,135.00 244 $60,183.00
Healthcare Support 44 $4,615.00 318 $23,094.00
Firefighters and Protective Service 52 $32,857.00 28 $0.00
Law Enforcement 150 $46,576.00 23 $0.00
Food Preparation and Serving 35 $50,197.00 264 $14,213.00
Building and Grounds Cleaning 139 $46,250.00 154 $30,152.00
Personal Care and Service 26 $0.00 179 $16,012.00
Sales 145 $58,393.00 266 $17,353.00
Office and Administrative Support 166 $40,421.00 605 $28,074.00
Farming, Fishing, and Forestry 43 $31,406.00 0 $0.00
Construction and Extraction 391 $53,661.00 0 $0.00
Installation, Maintenance, and Repair 267 $41,289.00 22 $0.00
Production 564 $50,667.00 130 $28,214.00
Transportation and Material Moving 234 $43,214.00 5 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 5,839 households in 24426, with an average household size of 2.25 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 3,559 families living in the 24426 zip code with an average family size of 2.94 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 24426:

Married Male Female Nonfamily
Total Households 2,761 301 497 2,280
Average Household Size 3.05 2.62 2.78 1.13
Total Families 2,761 301 497 0
Average Household Size 3.04 2.29 2.72 0

Poverty

Of the 3,559 families living in 24426, 13.10% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 24426:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 7,164 housing units in 24426.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 5,839 81.50%
Vacant 1,325 18.50%

11.36% of the total 7,164 housing units in 24426 are rental units. This is approximately 814 properties.

For owner-occupied housing units, a total of 4,786 are occupied by the owner - or 66.81% of the total.

Rental Rates

The median rent for a property in 24426 is $695.00.

In the chart below, we can look at the number of rental properties in 24426 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    239
  • Less than $500
    147
  • $500 to $999
    569
  • $1,000 to $1,499
    95
  • $1,500 to $1,999
    3
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 24426 is $101,500.00.

Just like with rental rates, we can look at the number of properties in 24426 that fall into a particular value range.

  • Less than $50,000
    905
  • $50,000 to $99,999
    1,455
  • $100,000 to $149,999
    935
  • $150,000 to $199,999
    583
  • $200,000 to $299,999
    591
  • $300,000 to $499,999
    270
  • $500,000 to $999,999
    42
  • $1,000,000 or more
    5

Property Age

We can also look at the age of properties in 24426. The chart below shows the number of properties in 24426 that fall into a particular age range.

  • 1939 or earlier
    1,418
  • 1940 to 1949
    934
  • 1950 to 1959
    889
  • 1960 to 1969
    832
  • 1970 to 1979
    746
  • 1980 to 1989
    877
  • 1990 to 1999
    678
  • 2000 to 2009
    702
  • 2010 to 2013
    88
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 24426 that have a particular number of vehicles available.

  • No vehicles available
    310
  • 1 vehicle available
    1,755
  • 2 vehicles available
    1,987
  • 3 or more vehicles available
    1,787

Commuting to Work

In this section, we can also look at how people in 24426 get to work. The chart below shows the number of people in 24426 that commute to work in a particular way.

20.8 minutes is the average travel time to work for people in 24426.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    324
  • 5 to 9 minutes
    940
  • 10 to 14 minutes
    1,146
  • 15 to 19 minutes
    996
  • 20 to 24 minutes
    787
  • 25 to 29 minutes
    288
  • 30 to 34 minutes
    372
  • 35 to 39 minutes
    90
  • 40 to 44 minutes
    94
  • 45 to 59 minutes
    266
  • 60 to 89 minutes
    229
  • 90 or more minutes
    150

Summary

We've covered a LOT of demographic and population data for 24426 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 24426

If you want to see how the population and demographics of 24426 compare to other zip codes in Virginia, check out the list of all Virginia zip codes below: