24502 Map

24502 Income Statistics

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Comparison to Surrounding Areas

24502 Median Household Income

The median household income ($66,027) for 24502 is less than the median household income for 24503 ($92,025), 24550 ($68,026), 24551 ($91,119), 24588 ($68,869), Bedford County ($77,644), Forest CDP ($78,825), and Timberlake CDP ($68,833). But it's more than 24501 ($45,305), 24515 ($-1), Campbell County ($62,608), Lynchburg city/county ($59,808), and Lynchburg city ($59,808).

24502$66,027
Forest CDP$78,825
Lynchburg city$59,808
Timberlake CDP$68,833
Bedford County$77,644
Campbell County$62,608
Lynchburg city/county$59,808

24502 Average Household Income

The average household income ($79,025) for 24502 is less than the average household income for 24551 ($117,873), 24550 ($81,479), 24503 ($131,802), 24588 ($89,429), Bedford County ($101,435), Campbell County ($80,840), Lynchburg city/county ($79,359), Timberlake CDP ($82,556), Lynchburg city ($79,359), and Forest CDP ($108,311). But it's more than 24501 ($58,995) and 24515 ($-1).

24502$79,025
Forest CDP$108,311
Lynchburg city$79,359
Timberlake CDP$82,556
Bedford County$101,435
Campbell County$80,840
Lynchburg city/county$79,359

24502 Per-Capita Income

The per-capita income for 24502 is $32,751. The per capita income ($32,751) for 24502 is less than the per capita income for 24588 ($36,726), 24503 ($53,575), 24550 ($33,776), 24551 ($45,723), Bedford County ($42,095), Campbell County ($33,847), Forest CDP ($45,287), and Timberlake CDP ($36,384). But it's more than 24501 ($23,298), 24515 ($4,699), Lynchburg city/county ($30,004), and Lynchburg city ($30,004).

24502$32,751
Forest CDP$45,287
Lynchburg city$30,004
Timberlake CDP$36,384
Bedford County$42,095
Campbell County$33,847
Lynchburg city/county$30,004

24502 High Income Households

4.8% of households make over $200,000 a year. The percent high income households (4.8%) for 24502 is less than the percent high income households for 24551 (13.0%), 24588 (5.0%), 24503 (13.9%), Lynchburg city/county (5.5%), Bedford County (9.0%), Lynchburg city (5.5%), and Forest CDP (13.4%). But it's more than 24501 (2.4%), 24515 (-1.0%), 24550 (3.8%), and Campbell County (4.5%). And it's the same as Timberlake CDP (4.8%).

245024.8%
Forest CDP13.4%
Lynchburg city5.5%
Timberlake CDP4.8%
Bedford County9.0%
Campbell County4.5%
Lynchburg city/county5.5%

24502 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
24502$47,535$71,426$75,018$53,832
Forest CDP$58,382$91,875$91,788$71,296
Lynchburg city$45,054$57,446$72,909$55,440
Timberlake CDP$29,659$76,756$73,155$55,515
Bedford County$52,109$92,820$87,582$62,784
Campbell County$37,974$71,116$72,869$47,710
Lynchburg city/county$45,054$57,446$72,909$55,440

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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 2023 5-year estimates. You can find this information and other demographics for 24502 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
24502+/-$3,222+/-$3,775+/-$1,827+/-1.2%+/-$11,540+/-$6,264+/-$5,389+/-$5,466
Forest CDP+/-$10,039+/-$9,370+/-$4,011+/-3.5%+/-$12,679+/-$30,447+/-$13,633+/-$10,200
Lynchburg city+/-$3,594+/-$3,004+/-$1,165+/-0.9%+/-$6,918+/-$9,687+/-$4,387+/-$6,513
Timberlake CDP+/-$8,996+/-$6,039+/-$2,868+/-1.7%+/-$15,709+/-$6,384+/-$10,440+/-$11,311
Bedford County+/-$2,965+/-$4,464+/-$1,813+/-1.2%+/-$14,134+/-$7,551+/-$4,409+/-$5,672
Campbell County+/-$4,233+/-$3,138+/-$1,285+/-0.9%+/-$6,359+/-$7,628+/-$7,179+/-$5,489
Lynchburg city/county+/-$3,594+/-$3,004+/-$1,165+/-0.9%+/-$6,918+/-$9,687+/-$4,387+/-$6,513