24540 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Virginia based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 24540 is White. The majority race/ethnicity attending public schools in 24540 is African American. The current unemployment level in 24540 is 3.5%.
| Population | 31,405 |
| Population Growth Rate | -1.77% |
| Population Density | 416 People per Square Mile |
| Total Households | 13,324 |
| Percentage High Income Households | 0.8% |
| Median Household Income (2021) | $40,496 |
| Average Adjusted Gross Income (2021) | $393,270 |
| Current Unemployment Rate (October 2024) | 3.5% |
| Majority Race/Ethnicty | White - 55.31% |
| Public School Majority Race/Ethnicty | African American - 61.45% |
24540 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 16,872 | 55.24% |
| Black | 12,541 | 41.06% |
| Hispanic | 891 | 2.92% |
| Asian | 190 | 0.62% |
| Native American | 8 | 0.03% |
| Hawaiian/Pac. Islander | 41 | 0.13% |
24540 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 784 | 28.31% |
| Black | 1,752 | 63.27% |
| Hispanic | 184 | 6.64% |
| Asian | 41 | 1.48% |
| Native American | 7 | 0.25% |
| Hawaiian/Pac. Islander | 1 | 0.04% |
24540 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,692 | 9.46% |
| Bachelor Degree | 2,286 | 12.77% |
| High School Diploma | 6,029 | 33.69% |
| No High School Diploma | 312 | 1.74% |
| GED or Alternate | 1,099 | 6.14% |
| 1 or More Years of College | 3,378 | 18.88% |
| Associates Degree | 2,040 | 11.4% |
| Masters Degree | 770 | 4.3% |
| Professional Degree | 157 | 0.88% |
| Doctorate Degree | 132 | 0.74% |