24588 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 24588, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

24588 is a zip code in Campbell County, Virginia, which covers Concord, Rustburg, and Seneca, with a total population of 9,674 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 24588 zip code. The most basic data is the total population, which is the total number of people living in 24588.

The estimated population of people living in 24588 is 9,674, with a median age of 41.9.

We can look back at data from previous years to see how the population in the 24588 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
9,674
 -2.14% +3.89%
2020
9,886
 -0.5% -
2019
9,936
 -0.46% -
2018
9,982
+7.2%
-
2017
9,312
 - -

Population of 24588 by Race and Ethnicity

How much has the race and ethnicity of the population in the 24588 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
79.8%
80.2%
 -0.50%
Black/African American
14.8%
17.8%
 -16.85%
Native
0.2%
0.7%
 -71.43%
Hispanic
2.5%
0.7%
 +257.14%
Asian
1.2%
0.1%
 +1,100.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
1.4%
0.6%
 +133.33%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 24588 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 24588 by Age and Gender

We can also monitor the change of the age and gender in the 24588 zip code to track track trends in the population over time.

We can see how the population in 24588 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 41.9 +0.48% 42 0% 41.8 +0.48%
2020 41.7 +3.99% 42 +8.53% 41.6 +0.48%
2019 40.1 +3.62% 38.7 +1.57% 41.4 +2.48%
2018 38.7 +0.78% 38.1 -0.26% 40.4 +3.06%
2017 38.4 - 38.2 - 39.2 -

The median age of the 24588 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 24588 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 9 296 +48.11% 503 0.48% 437 484
10 to 19 571 -2.8% 734 -13.31% 543 618
20 to 29 744 -0.66% 715 -7.96% 726 657
30 to 39 773 -18.31% 468 4.62% 632 465
40 to 49 543 +25.28% 743 -22.66% 672 581
50 to 59 711 -0.22% 650 +13.75% 704 743
60 to 69 474 +62.91% 541 0.37% 815 531
70+ 408 +22.92% 438 +32.03% 496 570

Median Household Income

The latest median household income for the 24588 zip code is $55,999.00.

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 24588.

  • Under 25
    $27,326.00
  • 25 to 44
    $55,097.00
  • 45 to 64
    $63,027.00
  • 65 and over
    $46,417.00

Average Household Income

Whenever we ask what is the average household income in the 24588 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 24588, 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 24588 is currently $68,004.00.

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.

2.35% of households in 24588 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 24588 against other zip codes.

  • Less than $24,999
    21.02%
  • $25,000 to $49,999
    22.93%
  • $50,000 to $74,999
    22.21%
  • $75,000 to $99,999
    11.95%
  • $100,000 to $149,999
    14.41%
  • $150,000 to $199,999
    5.14%
  • $200,000 or more
    2.35%

Per Capita Income

The per capita income in 24588 is $27,854.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 24588 by the total population of 24588.

This is different from the average or mean income because it includes and accounts for all people living in the 24588 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 24588 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
    13.52%
  • Bachelor's degree
    22.37%
  • Some college or associate's degree
    11.08%
  • High school diploma or equivalent
    48.65%
  • Less than high school diploma
    4.38%

Employment

Employment rates are all based around the total population in 24588 that are over the age of 16.

Currently, the total population of the 24588 zip over the age of 16 is 8,060.

Of those people, a total of 61.70% 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 24588 is 58.50%.

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 24588 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 468 56.00% 16.80%
20 to 24 years 595 60.80% 11.60%
25 to 29 years 788 86.80% 12.30%
30 to 34 years 631 80.30% 0.00%
35 to 44 years 1,158 65.70% 1.70%
45 to 54 years 1,255 81.80% 7.80%
55 to 59 years 753 68.90% 0.00%
60 to 64 years 816 76.80% 0.00%
65 to 74 years 958 23.00% 0.00%
75 years and over 638 1.10% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 24588. 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 6,530 61.30% 5.90%
Black or African American 1,130 56.20% 0.00%
American Indian and Alaska Native 18 33.30% 0.00%
Asian 84 89.30% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 41 100.00% 0.00%
Two or more races 257 82.50% 13.20%
Hispanic or Latino 170 97.10% 17.00%
Not Hispanic or Latino 6,525 61.40% 5.90%

Occupations

In this section we can look at the most common occupations for people living in the 24588 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 24588 is 4,712, with median earnings of $32,229.00.

Women in 24588 are earning approximately 74.90% of the men's earnings.

Population Earnings
Total 4,712 $32,229.00
Male 2,527 $37,997.00
Female 2,185 $28,442.00

Occupations by Category

In the table below, we can break down the population and earnings for 24588 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 295 $33,616.00
Business and Financial 117 $60,037.00
Computer and Mathematical 44 $59,722.00
Architecture and Engineering 31 $76,964.00
Life, Physical, and Social Science 30 $0.00
Community and Social Service 297 $49,006.00
Legal 0 $0.00
Educational and Library 319 $43,219.00
Arts, Design, Entertainment, Sports, and Media 44 $35,227.00
Healthcare Practitioners 244 $44,474.00
Healthcare Support 143 $22,383.00
Firefighters and Protective Service 48 $35,565.00
Law Enforcement 9 $0.00
Food Preparation and Serving 138 $6,023.00
Building and Grounds Cleaning 205 $25,026.00
Personal Care and Service 224 $7,257.00
Sales 511 $23,604.00
Office and Administrative Support 624 $34,412.00
Farming, Fishing, and Forestry 39 $173,050.00
Construction and Extraction 243 $30,547.00
Installation, Maintenance, and Repair 258 $51,250.00
Production 568 $45,294.00
Transportation and Material Moving 112 $23,750.00

Occupations by Gender

Now we can also look at the occupations by category for 24588 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 24588.

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 197 $10,144.00 98 $45,511.00
Business and Financial 37 $65,125.00 80 $27,115.00
Computer and Mathematical 14 $0.00 30 $78,654.00
Architecture and Engineering 24 $0.00 7 $0.00
Life, Physical, and Social Science 30 $0.00 0 $0.00
Community and Social Service 235 $48,701.00 62 $83,026.00
Legal 0 $0.00 0 $0.00
Educational and Library 78 $18,611.00 241 $47,938.00
Arts, Design, Entertainment, Sports, and Media 32 $0.00 12 $0.00
Healthcare Practitioners 11 $0.00 233 $44,836.00
Healthcare Support 0 $0.00 143 $22,383.00
Firefighters and Protective Service 48 $35,565.00 0 $0.00
Law Enforcement 9 $0.00 0 $0.00
Food Preparation and Serving 66 $17,083.00 72 $2,499.00
Building and Grounds Cleaning 90 $25,918.00 115 $19,669.00
Personal Care and Service 37 $14,271.00 187 $7,069.00
Sales 200 $36,071.00 311 $15,491.00
Office and Administrative Support 164 $44,512.00 460 $30,769.00
Farming, Fishing, and Forestry 39 $173,050.00 0 $0.00
Construction and Extraction 230 $31,563.00 13 $0.00
Installation, Maintenance, and Repair 250 $51,500.00 8 $0.00
Production 494 $44,375.00 74 $65,532.00
Transportation and Material Moving 94 $36,071.00 18 $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 3,873 households in 24588, 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 2,406 families living in the 24588 zip code with an average family size of 3.09 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 24588:

Married Male Female Nonfamily
Total Households 1,845 214 347 1,467
Average Household Size 3.14 3.75 3.29 1.12
Total Families 1,845 214 347 0
Average Household Size 3.09 2.91 3.17 0

Poverty

Of the 2,406 families living in 24588, 7.10% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 24588:

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 4,129 housing units in 24588.

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

Total Percentage
Occupied 3,873 93.80%
Vacant 256 6.20%

23.13% of the total 4,129 housing units in 24588 are rental units. This is approximately 955 properties.

For owner-occupied housing units, a total of 2,658 are occupied by the owner - or 64.37% of the total.

Rental Rates

The median rent for a property in 24588 is $653.00.

In the chart below, we can look at the number of rental properties in 24588 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
    260
  • Less than $500
    140
  • $500 to $999
    699
  • $1,000 to $1,499
    110
  • $1,500 to $1,999
    6
  • $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 24588 is $152,700.00.

Just like with rental rates, we can look at the number of properties in 24588 that fall into a particular value range.

  • Less than $50,000
    366
  • $50,000 to $99,999
    368
  • $100,000 to $149,999
    568
  • $150,000 to $199,999
    401
  • $200,000 to $299,999
    641
  • $300,000 to $499,999
    265
  • $500,000 to $999,999
    49
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in 24588. The chart below shows the number of properties in 24588 that fall into a particular age range.

  • 1939 or earlier
    61
  • 1940 to 1949
    103
  • 1950 to 1959
    474
  • 1960 to 1969
    594
  • 1970 to 1979
    952
  • 1980 to 1989
    590
  • 1990 to 1999
    503
  • 2000 to 2009
    667
  • 2010 to 2013
    185
  • 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 24588 that have a particular number of vehicles available.

  • No vehicles available
    241
  • 1 vehicle available
    1,132
  • 2 vehicles available
    1,136
  • 3 or more vehicles available
    1,364

Commuting to Work

In this section, we can also look at how people in 24588 get to work. The chart below shows the number of people in 24588 that commute to work in a particular way.

24.5 minutes is the average travel time to work for people in 24588.

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
    240
  • 5 to 9 minutes
    289
  • 10 to 14 minutes
    400
  • 15 to 19 minutes
    781
  • 20 to 24 minutes
    720
  • 25 to 29 minutes
    332
  • 30 to 34 minutes
    996
  • 35 to 39 minutes
    312
  • 40 to 44 minutes
    60
  • 45 to 59 minutes
    159
  • 60 to 89 minutes
    81
  • 90 or more minutes
    114

Summary

We've covered a LOT of demographic and population data for 24588 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 24588

If you want to see how the population and demographics of 24588 compare to other zip codes in Virginia, check out the list of all Virginia zip codes below: