24551 Map

24551 Income Statistics

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Comparison to Surrounding Areas

24551 Median Household Income

The median household income ($91,119) for 24551 is less than the median household income for 24503 ($92,025) and 24536 ($114,167). But it's more than 24526 ($71,475), 24104 ($70,707), 24502 ($66,027), 24556 ($84,773), 24550 ($68,026), Bedford County ($77,644), Campbell County ($62,608), Lynchburg city/county ($59,808), Timberlake CDP ($68,833), Lynchburg city ($59,808), and Forest CDP ($78,825).

24551$91,119
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

24551 Average Household Income

The average household income ($117,873) for 24551 is less than the average household income for 24503 ($131,802) and 24536 ($118,636). But it's more than 24526 ($80,280), 24104 ($98,944), 24502 ($79,025), 24556 ($109,024), 24550 ($81,479), 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).

24551$117,873
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

24551 Per-Capita Income

The per-capita income for 24551 is $45,723. The per capita income ($45,723) for 24551 is less than the per capita income for 24104 ($49,854) and 24503 ($53,575). But it's more than 24536 ($27,244), 24502 ($32,751), 24526 ($33,244), 24556 ($43,596), 24550 ($33,776), Bedford County ($42,095), Campbell County ($33,847), Lynchburg city/county ($30,004), Timberlake CDP ($36,384), Lynchburg city ($30,004), and Forest CDP ($45,287).

24551$45,723
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

24551 High Income Households

13% of households make over $200,000 a year. The percent high income households (13.0%) for 24551 is less than the percent high income households for 24503 (13.9%), 24556 (16.6%), and Forest CDP (13.4%). But it's more than 24550 (3.8%), 24104 (9.4%), 24502 (4.8%), 24526 (1.0%), 24536 (0.0%), Bedford County (9.0%), Campbell County (4.5%), Lynchburg city/county (5.5%), Lynchburg city (5.5%), and Timberlake CDP (4.8%).

2455113.0%
Forest CDP13.4%
Lynchburg city5.5%
Timberlake CDP4.8%
Bedford County9.0%
Campbell County4.5%
Lynchburg city/county5.5%

24551 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
24551$51,125$114,667$97,816$73,008
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 24551 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+
24551+/-$5,146+/-$7,009+/-$2,742+/-2.4%+/-$27,511+/-$26,433+/-$9,827+/-$8,026
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