Zip Code
24631
City
Oakwood, VA
Population & Migration
What is the forecasted population for Zip code 24631 Oakwood, VA?
- Population census 2020
- 2,263
- Forecasted population 2025
- 2,018
- -0.11% vs. 2020
- Forecasted population 2030
- 1,924
- -0.15% vs. 2020
Zip code 24631 Oakwood, VA population is forecasted to decrease -0.11% by 2025 (-15.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 2,018 people for 2025 zip code 24631 Oakwood, VA will generate a good demand for housing, which is expected to have an excess of -157 houses for 2030. Vacancy rate is 25.9 points above national US average.
- Total homes available 2020
- 1,057
- Estimated total home demand in 2030
- 899
- Total homes balance inventory
- -157
Average Household Income in zip code 24631 Oakwood, VA
from Internal Revenue Service
- Average household income in 2021
- $46,482
Affordability
- Affordability Index
- 1
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 24631 Oakwood, VA?
County total number of drinking water violations
14
-94%
244
County total number of drinking water contaminations
3
-88%
24
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