Zip code 24503: Lynchburg, Virginia

Q: What city is zip code 24503?

24503 is assigned to Lynchburg, Virginia. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 24503 in?

24503 is mostly in Bedford County, but it extends into 1 other county.

Q: What is the population of 24503?

About 20,419 people live in 24503, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 24503?

The median household income in 24503 is $89,137.

Q: What zip codes are near 24503?

The closest zip codes to 24503 are 24514, 24536, 24505, 24506, 24502.

Residential delivery areaBedford CountyEastern Time

Population

20,419

Median household income

$89K

U.S. $81K

Median home value

$348K

U.S. $333K

Median rent

$1,053/mo

U.S. $1,413

Median age

39.3

U.S. 38.9

Land area

37 sq mi

556 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 24503

24503 is a suburban zip code in Lynchburg, Virginia (Bedford County), covering 37 sq mi of land. About 20,419 people live here, or 556 per square mile. The median resident is 39.3 years old, compared with 38.9 nationally.

The median household earns $89,137 a year, close to the national median of $80,734. 7.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $347,500, or 3.9 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 75% of occupied homes are lived in by their owners, and renters pay a median of $1,053 a month.

60% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 17.9 minutes each way, and 19% of workers work from home. The most common jobs among working residents are in management, sales and healthcare. 15% of them are self-employed (U.S.: 10%).

How 24503 compares

Sorted from highest to lowest national percentile

Self-employed workers15.2%
91st
U.S. 10% · VA 8.6%147th of 846 in VA
Bachelor's degree or higher60.2%
89th
StrengthU.S. 35.7% · VA 42.2%84th of 850 in VA
Residents 65 and older22.8%
86th
U.S. 17.2% · VA 16.7%334th of 852 in VA
Income inequality (Gini)0.482
82nd
WeaknessU.S. 0.483 · VA 0.471130th of 832 in VA
Residents under 1825.9%
81st
U.S. 22% · VA 21.7%94th of 852 in VA
Veterans8.1%
78th
U.S. 6.2% · VA 9.4%434th of 851 in VA
Broadband access95.1%
77th
U.S. 91% · VA 91%168th of 836 in VA
Work from home19.3%
76th
U.S. 15.1% · VA 18.3%196th of 848 in VA
Per capita income$51,954
75th
U.S. $44,673 · VA $50,666189th of 849 in VA
Homeownership rate75%
66th
U.S. 65.2% · VA 67.3%494th of 836 in VA
Healthcare workers10.6%
66th
U.S. 9.7% · VA 8.5%279th of 846 in VA
Housing vacancy8.7%
64th
U.S. 10.1% · VA 8.7%495th of 836 in VA
Tech workers3.7%
64th
U.S. 3.8% · VA 6.5%292nd of 846 in VA
Median household income$89,137
61st
U.S. $80,734 · VA $93,170278th of 796 in VA
Rent-burdened renters52.6%
57th
U.S. 51.1% · VA 48.5%251st of 774 in VA
Median earnings per worker$49,792
55th
U.S. $49,666 · VA $54,861344th of 834 in VA
Median home value$347,500
53rd
U.S. $332,700 · VA $383,700287th of 782 in VA
Government workers14%
53rd
U.S. 14.5% · VA 20.5%641st of 846 in VA
Median age39.3
52nd
U.S. 38.9 · VA 39593rd of 849 in VA
Population density556/sq mi
34th
U.S. 95/sq mi · VA 221/sq mi216th of 852 in VA
Population20,419
32nd
U.S. 334,922,499 · VA 8,705,170154th of 852 in VA
Diversity index36.6
32nd
U.S. 61.4 · VA 60.7460th of 852 in VA
Poverty rate7.8%
30th
U.S. 12.5% · VA 9.9%494th of 837 in VA
Median gross rent$1,053
25th
U.S. $1,413 · VA $1,579350th of 616 in VA
Uninsured rate4.2%
24th
U.S. 8.4% · VA 6.9%547th of 846 in VA
Foreign-born residents3%
18th
U.S. 14.1% · VA 13.1%432nd of 852 in VA
Unemployment rate2.8%
14th
StrengthU.S. 5.2% · VA 4.3%500th of 846 in VA
Average commute17.9 min
6th
StrengthU.S. 26.4 min · VA 27.3 min748th of 799 in VA

Measure	24503	Bedford	VA	U.S.	National percentile	Rank in VA
Self-employed workers	15.2%	12.2%	8.6%	10%	91st	147th of 846
Bachelor's degree or higherStrength	60.2%	33.7%	42.2%	35.7%	89th	84th of 850
Residents 65 and older	22.8%	23.3%	16.7%	17.2%	86th	334th of 852
Income inequality (Gini)Weakness	0.482	0.433	0.471	0.483	82nd	130th of 832
Residents under 18	25.9%	19.5%	21.7%	22%	81st	94th of 852
Veterans	8.1%	8.3%	9.4%	6.2%	78th	434th of 851
Broadband access	95.1%	88.8%	91%	91%	77th	168th of 836
Work from home	19.3%	12.7%	18.3%	15.1%	76th	196th of 848
Per capita income	$51,954	$42,461	$50,666	$44,673	75th	189th of 849
Homeownership rate	75%	84.7%	67.3%	65.2%	66th	494th of 836
Healthcare workers	10.6%	10.9%	8.5%	9.7%	66th	279th of 846
Housing vacancy	8.7%	11.6%	8.7%	10.1%	64th	495th of 836
Tech workers	3.7%	3%	6.5%	3.8%	64th	292nd of 846
Median household income	$89,137	$78,937	$93,170	$80,734	61st	278th of 796
Rent-burdened renters	52.6%	44.9%	48.5%	51.1%	57th	251st of 774
Median earnings per worker	$49,792	$48,755	$54,861	$49,666	55th	344th of 834
Median home value	$347,500	$297,400	$383,700	$332,700	53rd	287th of 782
Government workers	14%	13.9%	20.5%	14.5%	53rd	641st of 846
Median age	39.3	47.2	39	38.9	52nd	593rd of 849
Population density	556/sq mi	106/sq mi	221/sq mi	95/sq mi	34th	216th of 852
Population	20,419	80,894	8,705,170	334,922,499	32nd	154th of 852
Diversity index	36.6	27.1	60.7	61.4	32nd	460th of 852
Poverty rate	7.8%	8.1%	9.9%	12.5%	30th	494th of 837
Median gross rent	$1,053	$952	$1,579	$1,413	25th	350th of 616
Uninsured rate	4.2%	5.7%	6.9%	8.4%	24th	547th of 846
Foreign-born residents	3%	2.8%	13.1%	14.1%	18th	432nd of 852
Unemployment rateStrength	2.8%	3.1%	4.3%	5.2%	14th	500th of 846
Average commuteStrength	17.9 min	26.5 min	27.3 min	26.4 min	6th	748th of 799

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

19%

5–17

10%

18–24

25–34

10%

35–44

10%

45–54

11%

55–64

13%

65–74

10%

75+

Median age

39.3

Under 18

25.9%

65 and over

22.8%

Race and ethnicity

White79%
Black11%
Hispanic4%
Asian0.9%
Native American0.0%
Pacific Islander0%
Other2%
Multiracial4%

Diversity index

36.6

U.S. 61.4

Foreign-born

U.S. 14.1%

Born in state

55.5%

Language spoken at home (households)

English only

94%

Spanish

Other Indo-European

Asian / Pacific

0.7%

Other

Households

Households: 7,911
Average household size: 2.5
Family households: 62.7%
Married couples: 53.6%
Living alone: 33.3%
Veterans (of adults): 8.1%
Male / female: 47% / 53%

Income and poverty

Household income distribution

<$25k

11%

$25–50k

14%

$50–75k

15%

$75–100k

14%

$100–150k

21%

$150–200k

10%

$200k+

15%

Median household income

24503

$89,137

Bedford Co.

$78,937

Virginia

$93,170

United States

$80,734

Per capita income

$51,954

U.S. $44,673

Poverty rate

7.8%

U.S. 12.5%

Households earning $150K+

25.2%

U.S. 23%

Income inequality (Gini)

0.482

U.S. 0.483

Housing

Median home value

24503

$347,500

Bedford Co.

$297,400

Virginia

$383,700

United States

$332,700

Median gross rent

24503

$1,053

Bedford Co.

$952

Virginia

$1,579

United States

$1,413

Types of housing

Single-family

77%

2–4 units

5–19 units

11%

20+ units

Mobile home

0.1%

Boat, RV, van

Housing units: 8,666
Owner-occupied: 75%
Vacant: 8.7%
Median year built: 1972
Median rooms: 6.9
Renters paying 30%+ of income: 52.6%
Renters paying 50%+ of income: 27.4%
Home value to income: 3.9× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

68%

Carpooled

Transit

0.9%

Walked

Bicycle

Worked from home

19%

Other

Commute time (one way)

<10 min

15%

10–19

46%

20–29

28%

30–44

45–59

0.9%

60+

Average commute

17.9 min

U.S. 26.4 min

Unemployment

2.8%

U.S. 5.2%

In labor force

58.2%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

15%

Sales

12%

Healthcare

11%

Education

10%

Office and admin

Business and finance

Food service

Legal and social services

Construction and repair

Cleaning and personal care

Computer and math

Production

Arts, media and sports

Engineering and science

Police and fire

Transportation and moving

Farming, fishing and forestry

Industries

Education

17%

Health care and social assistance

15%

Retail

12%

Manufacturing

Finance, insurance and real estate

Professional and technical services

Restaurants and hotels

Other services

Transportation, warehousing and utilities

Construction

Arts and recreation

Public administration

Admin, support and management

Wholesale

Information

Agriculture and mining

0.5%

Median earnings per worker

$49,792

U.S. $49,666

Self-employed

15.2%

U.S. 10%

Government workers

14%

U.S. 14.5%

Nonprofit workers

16.2%

U.S. 8.8%

Median earnings by type of work

Type of work	24503	U.S.
Management, business, science and arts	$65,464	$74,888
Service	$24,102	$26,804
Sales and office	$42,226	$40,476
Construction and maintenance	$71,071	$49,199
Production and transportation	$35,100	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

15%

Some college

15%

Associate's

Bachelor's

32%

Graduate

28%

High school graduate or higher: 96.9%
Bachelor's degree or higher: 60.2%
Graduate or professional degree: 27.9%
Households with broadband: 95.1%
Cable, fiber or DSL: 83.9%
No internet access: 3.5%
Without health insurance: 4.2%
Limited-English households: 0.8%

Geography

City (USPS): Lynchburg
State: Virginia
County: Bedford County
Center point: 37.4543° N, 79.2415° W
Land area: 37 sq mi
Water area: 0.7 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

24503 spans 2 counties

Bedford County65% of land
Lynchburg city35% of land

Cities and towns within this zip

Lynchburg35% of zip
Forest (unincorporated)1% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 24503

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
24514	Lynchburg, VA · PO box	5.1 mi	—	—	—
24536	Coleman Falls, VA	5.2 mi	406	—	—
24505	Lynchburg, VA · PO box	6.1 mi	—	—	—
24506	Lynchburg, VA · PO box	6.7 mi	—	—	—
24502	Lynchburg, VA	7 mi	41,979	$68,872	$228,100
24551	Forest, VA	7.6 mi	28,554	$91,067	$362,500
24515	Lynchburg, VA	7.8 mi	6,391	—	—
24572	Madison Heights, VA	8.1 mi	15,744	$62,030	$204,000
24501	Lynchburg, VA	8.5 mi	25,006	$42,222	$174,900
24574	Monroe, VA	8.5 mi	3,666	$69,133	$221,300
24556	Goode, VA	10 mi	2,584	$87,250	$399,000
24526	Big Island, VA	11 mi	1,494	$85,729	$241,200

Zip codes like 24503 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 24503

What city is zip code 24503?

24503 is assigned to Lynchburg, Virginia. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 24503 in?

24503 is mostly in Bedford County, but it extends into 1 other county.

What is the population of 24503?

About 20,419 people live in 24503, according to the Census Bureau's American Community Survey.

What time zone is 24503 in?

24503 is in Eastern Time.

What is the median household income in 24503?

The median household income in 24503 is $89,137.

What zip codes are near 24503?

The closest zip codes to 24503 are 24514, 24536, 24505, 24506, 24502.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 24503, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.