Zip Code
24450
City
Lexington, VA
Population & Migration
What is the forecasted population for Zip code 24450 Lexington, VA?
- Population census 2020
- 17,385
- Forecasted population 2025
- 16,264
- -6.4% vs. 2020
- Forecasted population 2030
- 18,264
- 5.1% vs. 2020
Zip code 24450 Lexington, VA population is forecasted to decrease -6.5% by 2025 (-11.2 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 16,264 people for 2025 zip code 24450 Lexington, VA will generate a good demand for housing, which is expected to have a deficit of 357 houses for 2030. Vacancy rate is 6.6 points above national US average.
- Total homes available 2020
- 7,069
- Estimated total home demand in 2030
- 7,426
- Total homes balance inventory
- 357
Average Household Income in zip code 24450 Lexington, VA
from Internal Revenue Service
- Average household income in 2021
- $87,423
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 24450 Lexington, VA?
County total number of drinking water violations
0
NaN%
0
County total number of drinking water contaminations
0
NaN%
0
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