24503 Zip Code Detailed Profile




Cities: Lynchburg, VA (31.50%), Forest, VA (1.02%)
Counties: Bedford County, VA (68.50%), Lynchburg city, VA (31.50%)
Estimated zip code population in 2013: 19,111
Zip code population in 2010: 19,331
Zip code population in 2000: 17,633

Houses and condos: 8,687
Renter-occupied apartments: 2,027
% of renters here:

26%
State:

34%
Mar. 2013 cost of living index in zip code 24503: 86.1 (less than average, U.S. average is 100)

Land area: 41.8 sq. mi.
Water area: 0.8 sq. mi.
Population density: 457 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 24503
Zip code 24503 (Lynchburg, Virginia) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

0.8% ($1,949)
Virginia:

0.8% ($1,877)
Median real estate property taxes paid for housing units with mortgages in 2013: $1,910 (0.8%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,046 (0.9%)

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Males: 9,258  (48.4%)
Females: 9,853  (51.6%)

For population 25 years and over in 24503:

For population 15 years and over in 24503:

Zip code 24503 compared to state average:

  • Black race population percentage below state average.
  • Hispanic race population percentage significantly below state average.
  • Median age above state average.
  • Foreign-born population percentage significantly below state average.
  • House age above state average.
  • Percentage of population with a bachelor's degree or higher above state average.
  • Races in zip code 24503

  • Zip code 24503 races chart
    • 16,069White population
    • 2,329Black population
    • 27American Indian population
    • 302Asian population
    • 4Native Hawaiian and Other Pacific Islander population
    • 34Some other race population
    • 235Two or more races population
    • 331Hispanic or Latino population

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Urban population: 14,902
Rural population: 4,208

Estimated median house/condo value in 2013: $236,100
24503:

$236,100
Virginia:

$239,300



According to our research of Virginia and other state lists there were 23 registered sex offenders living in 24503 zip code as of September 02, 2015.
The ratio of number of residents in zip code 24503 to the number of sex offenders is 894 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is smaller than the state average.


Median resident age:
This zip code:

42.7 years
Virginia median age:

37.6 years
Average household size:
This zip code:

2.4 people
Virginia:

2.6 people

Averages for the 2012 tax year for zip code 24503, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $88,900 (Individual Income Tax Returns)
Here:

$88,900
State:

$71,192

Salary/wage: $68,722 (reported on 78.7% of returns)
Here:

$68,722
State:

$59,229
(% of AGI for various income ranges: 72.2% for AGIs below $25k, 71.6% for AGIs $25k-50k, 65.7% for AGIs $50k-75k, 66.2% for AGIs $75k-100k, 67.0% for AGIs $100k-200k, 52.0% for AGIs over 200k)

Taxable interest for individuals: $2,374 (reported on 46.7% of returns)
This zip code:

$2,374
Virginia:

$1,600
(% of AGI for various income ranges: 1.8% for AGIs below $25k, 1.3% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 1.3% for AGIs $75k-100k, 1.1% for AGIs $100k-200k, 1.2% for AGIs over 200k)

Ordinary dividends: $11,971 (reported on 39.0% of returns)
Here:

$11,971
State:

$6,959
(% of AGI for various income ranges: 4.7% for AGIs below $25k, 3.3% for AGIs $25k-50k, 4.2% for AGIs $50k-75k, 4.0% for AGIs $75k-100k, 4.9% for AGIs $100k-200k, 6.3% for AGIs over 200k)

Net capital gain/loss in AGI: +$17,831 (reported on 32.0% of returns)
Here:

+$17,831
State:

+$16,672
(% of AGI for various income ranges: 0.2% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.0% for AGIs $75k-100k, 2.8% for AGIs $100k-200k, 12.6% for AGIs over 200k)

Profit/loss from business: +$14,319 (reported on 15.1% of returns)
Here:

+$14,319
State:

+$14,116
(% of AGI for various income ranges: 5.1% for AGIs below $25k, 2.4% for AGIs $25k-50k, 2.7% for AGIs $50k-75k, 1.8% for AGIs $75k-100k, 2.2% for AGIs $100k-200k, 2.4% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $23,674 (reported on 17.2% of returns)
24503:

$23,674
Virginia:

$16,667
(% of AGI for various income ranges: 4.3% for AGIs below $25k, 4.2% for AGIs $25k-50k, 4.4% for AGIs $50k-75k, 4.5% for AGIs $75k-100k, 5.5% for AGIs $100k-200k, 4.2% for AGIs over 200k)

Self-employment retirement plans: $13,567 (reported on 1.0% of returns)
24503:

$13,567
Virginia:

$25,373
(% of AGI for various income ranges: 0.2% for AGIs $100k-200k, 0.3% for AGIs over 200k)

Total itemized deductions: $29,441 (19% of AGI, reported on 45.9% of returns)
Here:

$29,441
State:

$26,596

Here:

18.9% of AGI
State:

20.1% of AGI
(% of AGI for various income ranges: 14.9% for AGIs below $25k, 14.9% for AGIs $25k-50k, 16.4% for AGIs $50k-75k, 16.7% for AGIs $75k-100k, 17.1% for AGIs $100k-200k, 13.6% for AGIs over 200k)

Charity contributions: $7,758 (reported on 40.6% of returns)
Here:

$7,758
State:

$4,443
(% of AGI for various income ranges: 1.1% for AGIs below $25k, 2.0% for AGIs $25k-50k, 3.0% for AGIs $50k-75k, 3.0% for AGIs $75k-100k, 3.6% for AGIs $100k-200k, 4.3% for AGIs over 200k)

Taxes paid: $10,831 (reported on 45.7% of returns)
24503:

$10,831
State:

$9,951
(% of AGI for various income ranges: 1.8% for AGIs below $25k, 2.7% for AGIs $25k-50k, 3.9% for AGIs $50k-75k, 5.0% for AGIs $75k-100k, 7.0% for AGIs $100k-200k, 6.1% for AGIs over 200k)

Earned income credit: $2,021 (reported on 11.5% of returns)
Here:

$2,021
State:

$2,211
(% of AGI for various income ranges: 4.7% for AGIs below $25k, 0.8% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 24503, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $73,275 (Individual Income Tax Returns)
Here:

$73,275
State:

$56,704

Salary/wage: $58,040 (reported on 77.8% of returns)
Here:

$58,040
State:

$48,441
(% of AGI for various income ranges: 157.7% for AGIs below $10k, 67.3% for AGIs $10k-25k, 71.3% for AGIs $25k-50k, 70.8% for AGIs $50k-75k, 69.0% for AGIs $75k-100k, 55.7% for AGIs over 100k)

Taxable interest for individuals: $2,754 (reported on 55.2% of returns)
This zip code:

$2,754
Virginia:

$1,688
(% of AGI for various income ranges: 15.0% for AGIs below $10k, 4.2% for AGIs $10k-25k, 2.5% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 1.8% for AGIs over 100k)

Taxable dividends: $8,084 (reported on 44.7% of returns)
Here:

$8,084
State:

$4,028
(% of AGI for various income ranges: 17.8% for AGIs below $10k, 5.3% for AGIs $10k-25k, 4.1% for AGIs $25k-50k, 3.9% for AGIs $50k-75k, 4.3% for AGIs $75k-100k, 5.2% for AGIs over 100k)

Net capital gain/loss: +$12,235 (reported on 39.0% of returns)
Here:

+$12,235
State:

+$14,375
(% of AGI for various income ranges: -2.7% for AGIs below $10k, 2.1% for AGIs $10k-25k, 1.5% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 2.4% for AGIs $75k-100k, 9.3% for AGIs over 100k)

Profit/loss from business: +$14,304 (reported on 14.1% of returns)
Here:

+$14,304
State:

+$13,342
(% of AGI for various income ranges: -8.7% for AGIs below $10k, 3.4% for AGIs $10k-25k, 2.5% for AGIs $25k-50k, 3.2% for AGIs $50k-75k, 2.6% for AGIs $75k-100k, 2.8% for AGIs over 100k)

IRA payment deduction: $3,216 (reported on 3.4% of returns)
24503:

$3,216
Virginia:

$2,943
(% of AGI for various income ranges: 1.0% for AGIs below $10k, 0.3% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $13,767 (reported on 1.0% of returns)
Here:

$13,767
Virginia:

$17,430

Total itemized deductions: $23,281 (18% of AGI, reported on 48.1% of returns)
Here:

$23,281
State:

$21,492

Here:

18.5% of AGI
State:

21.0% of AGI
(% of AGI for various income ranges: 29.7% for AGIs below $10k, 16.6% for AGIs $10k-25k, 17.0% for AGIs $25k-50k, 18.0% for AGIs $50k-75k, 17.8% for AGIs $75k-100k, 13.8% for AGIs over 100k)

Charity contributions deductions: $6,369 (5% of AGI, reported on 43.6% of returns)
Here:

$6,369
State:

$3,794

Here:

4.8% of AGI
State:

3.5% of AGI
(% of AGI for various income ranges: 2.0% for AGIs below $10k, 1.9% for AGIs $10k-25k, 2.9% for AGIs $25k-50k, 3.1% for AGIs $50k-75k, 3.4% for AGIs $75k-100k, 4.3% for AGIs over 100k)

Total tax: $14,375 (reported on 79.0% of returns)
24503:

$14,375
State:

$9,537
(% of AGI for various income ranges: 4.2% for AGIs below $10k, 4.1% for AGIs $10k-25k, 6.9% for AGIs $25k-50k, 8.7% for AGIs $50k-75k, 10.0% for AGIs $75k-100k, 20.0% for AGIs over 100k)

Earned income credit: $1,520 (reported on 9.0% of returns)
Here:

$1,520
State:

$1,734

Percentage of individuals using paid preparers for their 2004 taxes: 54.4%
Here:

54%
State:

52%
(% for various income ranges: 49.1% for AGIs below $10k, 53.9% for AGIs $10k-25k, 51.3% for AGIs $25k-50k, 52.3% for AGIs $50k-75k, 51.6% for AGIs $75k-100k, 66.6% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$66,161
Virginia:

$62,666
Lynchburg, VA (24503) map Nearest zip codes: 24536, 24502, 24574, 24551, 24501, 24572.
Percentage of family households:
This zip code:

47.7%
Virginia:

51.4%
Percentage of households with unmarried partners:
This zip code:

2.7%
Virginia:

5.3%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 363
Household did not receive Food Stamps/SNAP in the past 12 months: 7,409


Women who had a birth in the past 12 months: 241 (201 now married, 40 unmarried)
Women who did not have a birth in the past 12 months: 4,067 (2,036 now married, 2,031 unmarried)


Housing units in zip code 24503 with a mortgage: 3,964 (258 second mortgage, 1,079 home equity loan, 23 both second mortgage and home equity loan)
Houses without a mortgage: 1,781

Median monthly owner costs for units with a mortgage: $1,622
Median monthly owner costs for units without a mortgage: S471

Residents with income below the poverty level in 2013:
This zip code:

6.0%
Whole state:

11.7%
Residents with income below 50% of the poverty level in 2013:
This zip code:

3.6%
Whole state:

6.3%
Median number of rooms in houses and condos:
Here:

8.1
State:

6.9
Median number of rooms in apartments:
Here:

4.3
State:

4.5
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 24503: Oakwood Country Club (A), Mabel K Whiteside Amphitheature (B), Boonsboro Country Club (C), Eagle Eyrie Virginia Baptist Assembly (D), Camp Sacajqwea (E), Holcomb Rock (F), Wright Residence Hall (G), Webb Residence Hall (H), Thoresen Theatre (I), Thoresen Hall (J), The Pines House (K), The Macon Bookshop (L), Terrell Health and Counseling Center (M), Norfolk House (N), Martin Science Building (O), Leggett Building (P), Houston Memorial Hall (Q), Darden Conference Center (R), Cheatham Dining Hall (S), Butler House (T). Display/hide their locations on the map

    Shopping Centers: The Village Courts Shopping Center (1), Boonsboro Shopping Center (2). Display/hide their locations on the map

    Churches in zip code 24503 include: Antioch Church (A), Boonsboro United Methodist Church (B), Frances Hundley Houston Chapel (C), First Christian Church (D), First Church of Christ Scientist (E), First Presbyterian Church (F), Peakland Baptist Church (G), Rivermont Baptist Church (H), Rivermont Presbyterian Church (I). Display/hide their locations on the map

    Cemetery: Scott Cemetery (1). Display/hide its location on the map

    Reservoirs: Reusens Reservoir (A), Chilarna Lake (B). Display/hide their locations on the map

    Creeks: Pigeon Creek (A), Judith Creek (B), Widemouth Creek (C), Cove Creek (D). Display/hide their locations on the map

    Parks in zip code 24503 include: Blackwater Creek Natural Area (1), Peaks View Park (2), Riverside Park (3). Display/hide their locations on the map

Year house built

  • 252010 or later
  • 6522000 to 2009
  • 9211990 to 1999
  • 1,2961980 to 1989
  • 1,0281970 to 1979
  • 1,1111960 to 1969
  • 1,5511950 to 1959
  • 6121940 to 1949
  • 1,4911939 or earlier

Zip code 24503 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Lynchburg, VA (24503)

  • 26no bedroom
  • 641 bedroom
  • 5942 bedrooms
  • 2,2063 bedrooms
  • 2,2364 bedrooms
  • 6195+ bedrooms

Bedrooms in renter-occupied apartments in Lynchburg, VA (24503)

  • 98no bedroom
  • 5721 bedroom
  • 8032 bedrooms
  • 3823 bedrooms
  • 1604 bedrooms
  • 125+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Lynchburg, VA (24503) in owner-occupied houses/condos

  • 180no vehicle
  • 1,0581 vehicle
  • 2,5622 vehicles
  • 1,4053 vehicles
  • 3694 vehicles
  • 1715+ vehicles

Cars and other vehicles available in Lynchburg, VA (24503) in renter-occupied apartments

  • 326no vehicle
  • 1,2591 vehicle
  • 3612 vehicles
  • 563 vehicles
  • 254 vehicles
  • 05+ vehicles

Median gross rent in 2013: $750.


Median price asked for vacant for-sale houses and condos in 2013: $280,704.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $236,100
24503:

$236,100
Virginia:

$239,300
Lower value quartile - upper value quartile: $167,100 - $351,000

Mean price in 2013:

Detached houses: $285,284
Here:

$285,284
State:

$320,313

Townhouses or other attached units: $211,103
Here:

$211,103
State:

$312,609

In 2-unit structures: $173,319
Here:

$173,319
State:

$214,941

In 3-to-4-unit structures: $330,278
Here:

$330,278
State:

$215,179

In 5-or-more-unit structures: $191,731
Here:

$191,731
State:

$268,971

Mobile homes: $53,488
Here:

$53,488
State:

$57,576

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:


Unemployment: 5.3%

Percentage of zip code residents living and working in this county: 60.6%

Household type by relationship:

Households: 18,466

Size of family households: 2,693 2-persons, 893 3-persons, 1,024 4-persons, 426 5-persons, 83 6-persons, 69 7-or-more-persons

Size of nonfamily households: 2,376 1-person, 195 2-persons, 13 3-persons

3,638 married couples with children.
468 single-parent households (32 men, 436 women).

95.9% of residents of 24503 zip code speak English at home.
1.2% of residents speak Spanish at home (84% very well, 5% well, 12% not well).
1.6% of residents speak other Indo-European language at home (67% very well, 22% well, 7% not well, 4% not at all).
1.2% of residents speak Asian or Pacific Island language at home (56% very well, 35% well, 9% not well).
0.1% of residents speak other language at home (100% very well).

Foreign born population: 494 (2.6%)
(48.6% of them are naturalized citizens)
This zip code:

2.6%
Whole state:

11.5%

Most common places of birth for the foreign-born residents

  • 16%England
  • 14%China, excluding Hong Kong and Taiwan
  • 9%Mexico
  • 7%Canada
  • 6%Thailand
  • 5%Sierra Leone
  • 4%Germany

Most common first ancestries reported in 24503 (%)

  • 20%Other groups
  • 16%English
  • 10%American
  • 9%German
  • 9%Irish
  • 4%Scotch-Irish
  • 3%Scottish

Year of entry for the foreign-born population

  • 832010 or later
  • 1882000 to 2009
  • 1371990 to 1999
  • 302Before 1990

Zip code 24503 topographic map

Public primary/middle schools in zip code 24503 not listed on the city page:

  • BOONSBORO ELEM. (Students: 350; Location: 1234 EAGLE CIRCLE, LYNCHBURG, VA; Grades: KG - 05)
  • PAUL MUNRO ELEM. (Students: 302; Location: 4641 LOCKSVIEW RD, LYNCHBURG, VA; Grades: PK - 05)
There are 126 Medical Specialists in Zip Code 24503.

Facilities with environmental interests located in this zip code:


Zip code 24503 marital status for males
Zip code 24503 marital status for females

Housing units lacking complete plumbing facilities: 1.6%
Housing units lacking complete kitchen facilities: 3.2%

Most commonly used house heating fuel

  • 55%Electricity
  • 35%Utility gas
  • 6%Fuel oil, kerosene, etc.
  • 2%Bottled, tank, or LP gas
  • 1%Wood

Population in 1990: 17,816. Population change in the 1990s: -183 (-1.0%).

Place of birth for U.S.-born residents:


57% of the 24503 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 40% lived in this county.
   Out of people who lived in different counties, 50% lived in Virginia.

89% of the 24503 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 38% moved from this county.
   Out of people who lived in different houses, 33% moved from different county within same state.
   Out of people who lived in different houses, 29% moved from different state.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 297
Here:

14.0%
Virginia:

9.3%
Students in private schools in grades 9 to 12 (high school): 135
Here:

13.8%
Virginia:

7.5%
Students in private undergraduate colleges: 812
Here:

59.6%
Virginia:

19.9%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 97,396Legal occupations
  • 87,250Computer and mathematical occupations
  • 86,786Architecture and engineering occupations
  • 72,292Health diagnosing and treating practitioners and other technical occupations
  • 64,500Life, physical, and social science occupations
  • 64,048Management occupations

Companies with federal contracts located in this zip code:

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 408 people in college/university student housing
  • 116 people in nursing facilities/skilled-nursing facilities
  • 25 people in group homes intended for adults
  • 13 people in group homes for juveniles (non-correctional)
  • 8 people in residential treatment centers for adults
  • 3 people in emergency and transitional shelters (with sleeping facilities) for people experiencing homelessness
  • 2 people in in-patient hospice facilities

People in group quarters in 2000:

  • 569 people in college dormitories (includes college quarters off campus)
  • 241 people in nursing homes
  • 35 people in other noninstitutional group quarters
  • 29 people in homes for abused, dependent, and neglected children
  • 27 people in other nonhousehold living situations
  • 5 people in homes for the physically handicapped

Fatal accident statistics in 2010:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 1
  • Fatalities: 1
  • Persons involved in fatal accidents: 1
  • Pedestrians involved in fatal accidents: 0
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 2 full and 14 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
E) Loans on Dwellings For 5+ Families
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
G) Loans On Manufactured
Home Dwelling (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED113$153,878231$201,837966$206,46144$87,9444$1,473,44368$134,9882$115,810
APPLICATIONS APPROVED, NOT ACCEPTED3$121,8974$216,74851$214,5423$95,9230$01$67,3202$125,115
APPLICATIONS DENIED16$147,55121$245,800177$208,43527$56,4160$019$125,2150$0
APPLICATIONS WITHDRAWN8$142,00016$275,386118$180,2146$136,9550$010$88,6040$0
FILES CLOSED FOR INCOMPLETENESS1$139,8406$193,84039$248,1294$97,6950$00$00$0
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 2 full and 14 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
C) Non-occupant Loans on
< 5 Family Dwellings (A & B)
NumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED35$182,00927$231,7433$157,043
APPLICATIONS APPROVED, NOT ACCEPTED7$324,4007$235,2730$0
APPLICATIONS DENIED2$224,4905$181,0160$0
APPLICATIONS WITHDRAWN1$149,4900$00$0
FILES CLOSED FOR INCOMPLETENESS1$449,2301$323,6400$0
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 24503 among deceased individuals
NameCountLived (average)
Mary21883.8 years
William17978.0 years
John15378.2 years
James13576.5 years
Elizabeth11982.2 years
Robert10476.4 years
Margaret9082.7 years
Charles8077.3 years
Helen8083.0 years
Virginia7582.6 years
Most common last names in zip code 24503 among deceased individuals
Last nameCountLived (average)
Smith7878.8 years
Brown4879.7 years
Johnson4678.9 years
Jones4479.7 years
Martin4379.0 years
Williams3980.3 years
White3876.0 years
Harris3777.1 years
Wood3680.3 years
Davis3576.2 years
Businesses in zip code 24503
NameCountNameCount
7-Eleven1New Balance1
Burger King1Nike1
Chico's1Pizza Hut1
Curves1Starbucks1
Decora Cabinetry2Talbots1
JoS. A. Bank1UPS3
Kroger2Walgreens1
MasterBrand Cabinets2

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