24578 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 24578, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

24578 is a zip code in Rockbridge County, Virginia, which covers Buffalo and Natural Bridge, with a total population of 851 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 24578 zip code. The most basic data is the total population, which is the total number of people living in 24578.

The estimated population of people living in 24578 is 851, with a median age of 47.1.

We can look back at data from previous years to see how the population in the 24578 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
851
 -10.23% -17.46%
2020
948
+2.38%
-
2019
926
 -3.04% -
2018
955
 -7.37% -
2017
1,031
 - -

Population of 24578 by Race and Ethnicity

How much has the race and ethnicity of the population in the 24578 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
95.2%
92.2%
 +3.25%
Black/African American
0%
0%
 0.00%
Native
0%
0%
 0.00%
Hispanic
0%
0%
 0.00%
Asian
4.3%
3.1%
 +38.71%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
0.5%
4.7%
 -89.36%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 24578 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 24578 by Age and Gender

We can also monitor the change of the age and gender in the 24578 zip code to track track trends in the population over time.

We can see how the population in 24578 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 47.1 +7.29% 43.4 +3.83% 56.1 +14.72%
2020 43.9 -7.19% 41.8 -9.72% 48.9 +0.82%
2019 47.3 0% 46.3 +6.44% 48.5 -4.53%
2018 47.3 +1.28% 43.5 +0.23% 50.8 +0.79%
2017 46.7 - 43.4 - 50.4 -

The median age of the 24578 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 24578 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 44 -16.8% 37 321.17% 26 31
10 to 19 65 4.35% 29 -70.62% 63 8
20 to 29 73 1% 39 9.26% 42 28
30 to 39 10 +318.17% 51 +43.19% 59 60
40 to 49 106 +11.05% 91 -70.7% 109 37
50 to 59 82 -34.44% 128 -84.34% 52 46
60 to 69 106 -25.81% 99 -5.35% 81 90
70+ 11 +236.61% 60 +13.71% 56 63

Median Household Income

The latest median household income for the 24578 zip code is $56,615.00.

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 24578.

  • Under 25
    $0.00
  • 25 to 44
    $40,481.00
  • 45 to 64
    $78,558.00
  • 65 and over
    $41,676.00

Average Household Income

Whenever we ask what is the average household income in the 24578 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 24578, 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 24578 is currently $75,591.00.

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.

12.17% of households in 24578 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 24578 against other zip codes.

  • Less than $24,999
    7.54%
  • $25,000 to $49,999
    35.94%
  • $50,000 to $74,999
    32.46%
  • $75,000 to $99,999
    7.83%
  • $100,000 to $149,999
    1.16%
  • $150,000 to $199,999
    2.90%
  • $200,000 or more
    12.17%

Per Capita Income

The per capita income in 24578 is $29,937.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 24578 by the total population of 24578.

This is different from the average or mean income because it includes and accounts for all people living in the 24578 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 24578 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
    16.90%
  • Bachelor's degree
    19.72%
  • Some college or associate's degree
    7.04%
  • High school diploma or equivalent
    51.27%
  • Less than high school diploma
    5.07%

Employment

Employment rates are all based around the total population in 24578 that are over the age of 16.

Currently, the total population of the 24578 zip over the age of 16 is 773.

Of those people, a total of 56.30% 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 24578 is 49.20%.

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 24578 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 50 32.00% 0.00%
20 to 24 years 25 100.00% 0.00%
25 to 29 years 45 46.70% 0.00%
30 to 34 years 70 100.00% 0.00%
35 to 44 years 128 69.50% 44.90%
45 to 54 years 83 92.80% 0.00%
55 to 59 years 82 100.00% 0.00%
60 to 64 years 73 41.10% 23.30%
65 to 74 years 146 17.10% 0.00%
75 years and over 71 0.00% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 24578. 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 732 56.60% 11.50%
Black or African American 0 0.00% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 37 45.90% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 4 100.00% 0.00%
Hispanic or Latino 0 0.00% 0.00%
Not Hispanic or Latino 732 56.60% 11.50%

Occupations

In this section we can look at the most common occupations for people living in the 24578 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 24578 is 380, with median earnings of $33,922.00.

Women in 24578 are earning approximately 39.40% of the men's earnings.

Population Earnings
Total 380 $33,922.00
Male 199 $37,908.00
Female 181 $14,950.00

Occupations by Category

In the table below, we can break down the population and earnings for 24578 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 14 $0.00
Business and Financial 43 $88,897.00
Computer and Mathematical 28 $0.00
Architecture and Engineering 0 $0.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 0 $0.00
Legal 0 $0.00
Educational and Library 62 $0.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00
Healthcare Practitioners 0 $0.00
Healthcare Support 0 $0.00
Firefighters and Protective Service 15 $0.00
Law Enforcement 0 $0.00
Food Preparation and Serving 0 $0.00
Building and Grounds Cleaning 44 $10,536.00
Personal Care and Service 0 $0.00
Sales 9 $0.00
Office and Administrative Support 40 $0.00
Farming, Fishing, and Forestry 23 $0.00
Construction and Extraction 42 $32,857.00
Installation, Maintenance, and Repair 9 $0.00
Production 13 $0.00
Transportation and Material Moving 25 $0.00

Occupations by Gender

Now we can also look at the occupations by category for 24578 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 24578.

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 0 $0.00 14 $0.00
Business and Financial 12 $0.00 31 $0.00
Computer and Mathematical 28 $0.00 0 $0.00
Architecture and Engineering 0 $0.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 0 $0.00 0 $0.00
Legal 0 $0.00 0 $0.00
Educational and Library 46 $0.00 16 $0.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00 0 $0.00
Healthcare Practitioners 0 $0.00 0 $0.00
Healthcare Support 0 $0.00 0 $0.00
Firefighters and Protective Service 0 $0.00 15 $0.00
Law Enforcement 0 $0.00 0 $0.00
Food Preparation and Serving 0 $0.00 0 $0.00
Building and Grounds Cleaning 16 $0.00 28 $0.00
Personal Care and Service 0 $0.00 0 $0.00
Sales 0 $0.00 9 $0.00
Office and Administrative Support 8 $0.00 32 $0.00
Farming, Fishing, and Forestry 0 $0.00 23 $0.00
Construction and Extraction 42 $32,857.00 0 $0.00
Installation, Maintenance, and Repair 9 $0.00 0 $0.00
Production 13 $0.00 0 $0.00
Transportation and Material Moving 25 $0.00 0 $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 345 households in 24578, with an average household size of 2.42 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 285 families living in the 24578 zip code with an average family size of 2.72 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 24578:

Married Male Female Nonfamily
Total Households 243 10 32 60
Average Household Size 2.8 3.7 1.75 0
Total Families 243 10 32 0
Average Household Size 2.8 3.7 1.75 0

Poverty

Of the 285 families living in 24578, 12.60% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 24578:

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 414 housing units in 24578.

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

Total Percentage
Occupied 345 83.33%
Vacant 69 16.67%

8.45% of the total 414 housing units in 24578 are rental units. This is approximately 35 properties.

For owner-occupied housing units, a total of 285 are occupied by the owner - or 68.84% of the total.

Rental Rates

The median rent for a property in 24578 is $0.00.

In the chart below, we can look at the number of rental properties in 24578 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
    25
  • Less than $500
    18
  • $500 to $999
    17
  • $1,000 to $1,499
    0
  • $1,500 to $1,999
    0
  • $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 24578 is $179,400.00.

Just like with rental rates, we can look at the number of properties in 24578 that fall into a particular value range.

  • Less than $50,000
    0
  • $50,000 to $99,999
    60
  • $100,000 to $149,999
    61
  • $150,000 to $199,999
    47
  • $200,000 to $299,999
    35
  • $300,000 to $499,999
    26
  • $500,000 to $999,999
    56
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in 24578. The chart below shows the number of properties in 24578 that fall into a particular age range.

  • 1939 or earlier
    32
  • 1940 to 1949
    0
  • 1950 to 1959
    65
  • 1960 to 1969
    76
  • 1970 to 1979
    28
  • 1980 to 1989
    93
  • 1990 to 1999
    78
  • 2000 to 2009
    28
  • 2010 to 2013
    14
  • 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 24578 that have a particular number of vehicles available.

  • No vehicles available
    0
  • 1 vehicle available
    102
  • 2 vehicles available
    90
  • 3 or more vehicles available
    153

Commuting to Work

In this section, we can also look at how people in 24578 get to work. The chart below shows the number of people in 24578 that commute to work in a particular way.

27 minutes is the average travel time to work for people in 24578.

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
    0
  • 5 to 9 minutes
    4
  • 10 to 14 minutes
    23
  • 15 to 19 minutes
    65
  • 20 to 24 minutes
    86
  • 25 to 29 minutes
    10
  • 30 to 34 minutes
    81
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    0
  • 45 to 59 minutes
    43
  • 60 to 89 minutes
    15
  • 90 or more minutes
    0

Summary

We've covered a LOT of demographic and population data for 24578 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 24578

If you want to see how the population and demographics of 24578 compare to other zip codes in Virginia, check out the list of all Virginia zip codes below: