24503 can be classified socioeconomically as 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 24503 is White. The majority race/ethnicity attending public schools in 24503 is White. The current unemployment level in 24503 is 3.8%.
| Population | 20,017 |
| Population Growth Rate | 0.97% |
| Population Density | 531 People per Square Mile |
| Total Households | 7,877 |
| Percentage High Income Households | 9.4% |
| Median Household Income (2021) | $79,335 |
| Average Adjusted Gross Income (2021) | $536,860 |
| Current Unemployment Rate (May 2026) | 3.8% |
| Sales Tax Rate (2025) | 5.3% |
| Majority Race/Ethnicity | White - 84.7% |
| Public School Majority Race/Ethnicity | White - 44.13% |
24503 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 16,503 | 84.7% |
| Black | 1,969 | 10.11% |
| Hispanic | 706 | 3.62% |
| Asian | 301 | 1.54% |
| Native American | 6 | 0.03% |
| Hawaiian/Pac. Islander | 0 | 0% |
24503 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 883 | 48.49% |
| Black | 781 | 42.89% |
| Hispanic | 123 | 6.75% |
| Asian | 27 | 1.48% |
| Native American | 3 | 0.16% |
| Hawaiian/Pac. Islander | 4 | 0.22% |
24503 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 683 | 5.53% |
| Bachelor Degree | 4,162 | 33.72% |
| High School Diploma | 1,798 | 14.57% |
| No High School Diploma | 74 | 0.6% |
| GED or Alternate | 281 | 2.28% |
| 1 or More Years of College | 1,635 | 13.25% |
| Associates Degree | 680 | 5.51% |
| Masters Degree | 1,788 | 14.49% |
| Professional Degree | 853 | 6.91% |
| Doctorate Degree | 387 | 3.14% |