24501 Map

24501 Income Statistics

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Comparison to Surrounding Areas

24501 Median Household Income

The median household income ($44,000) for 24501 is less than 24588 ($62,459), 24503 ($90,363), 24504 ($45,873), 24550 ($64,916), 24572 ($63,125), 24502 ($62,537), Lynchburg city/county ($56,243), Campbell County ($59,022), Lynchburg city ($56,243), and Timberlake CDP ($69,823).

24501$44,000
Lynchburg city$56,243
Timberlake CDP$69,823
Campbell County$59,022
Lynchburg city/county$56,243

24501 Average Household Income

The average household income ($56,746) for 24501 is less than 24588 ($76,461), 24503 ($123,841), 24504 ($61,887), 24550 ($83,446), 24572 ($78,241), 24502 ($76,419), Lynchburg city/county ($74,955), Campbell County ($76,036), Lynchburg city ($74,955), and Timberlake CDP ($83,847).

24501$56,746
Lynchburg city$74,955
Timberlake CDP$83,847
Campbell County$76,036
Lynchburg city/county$74,955

24501 Per-Capita Income

The per-capita income for 24501 is $22,491. The per capita income ($22,491) for 24501 is less than 24588 ($31,338), 24503 ($50,784), 24504 ($26,279), 24550 ($32,289), 24572 ($32,967), 24502 ($31,775), Lynchburg city/county ($28,478), Campbell County ($31,877), Lynchburg city ($28,478), and Timberlake CDP ($35,530).

24501$22,491
Lynchburg city$28,478
Timberlake CDP$35,530
Campbell County$31,877
Lynchburg city/county$28,478

24501 High Income Households

1.3% of households make over $200,000 a year. The percent high income households (1.3%) for 24501 is more than 24588 (2.9%), 24503 (11.4%), 24504 (2.7%), 24550 (4.5%), 24572 (3.1%), 24502 (3.7%), Lynchburg city/county (3.9%), Campbell County (3.8%), Lynchburg city (3.9%), and Timberlake CDP (4.5%).

245011.3%
Lynchburg city3.9%
Timberlake CDP4.5%
Campbell County3.8%
Lynchburg city/county3.9%

24501 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
24501$33,845$47,917$52,117$32,336
Lynchburg city$41,793$52,955$70,560$53,438
Timberlake CDP$29,393$74,329$74,826$54,398
Campbell County$36,292$63,092$71,310$42,363
Lynchburg city/county$41,793$52,955$70,560$53,438

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 24501 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
24501+/-$3,513+/-$4,004+/-$1,546+/-0.8%+/-$4,859+/-$5,503+/-$9,263+/-$3,234
Lynchburg city+/-$2,807+/-$3,080+/-$1,204+/-0.7%+/-$5,412+/-$8,374+/-$3,293+/-$4,977
Timberlake CDP+/-$5,515+/-$5,271+/-$2,313+/-1.6%+/-$12,247+/-$7,205+/-$10,797+/-$8,198
Campbell County+/-$3,716+/-$2,775+/-$1,071+/-0.8%+/-$4,615+/-$8,612+/-$4,763+/-$4,882
Lynchburg city/county+/-$2,807+/-$3,080+/-$1,204+/-0.7%+/-$5,412+/-$8,374+/-$3,293+/-$4,977