24556 Zip Code (VA) Detailed Profile

Estimated zip code population in 2022: 2,457
Zip code population in 2010: 3,053
Zip code population in 2000: 2,757

Houses and condos: 1,091
Renter-occupied apartments: 36
March 2022 cost of living index in zip code 24556: 83.4 (less than average, U.S. average is 100)

Land area: 42.7 sq. mi.
Water area: 0.1 sq. mi.

Population density: 58 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,513 (0.4%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,328 (0.5%)

For population 25 years and over in 24556:

• High school or higher: 92.4%
• Bachelor's degree or higher: 26.1%
• Graduate or professional degree: 8.6%
• Unemployed: 2.9%
• Mean travel time to work (commute): 23.0 minutes

For population 15 years and over in 24556:

• Never married: 18.6%
• Now married: 66.4%
• Separated: 0.4%
• Widowed: 3.0%
• Divorced: 11.7%

• 
• • 1,96580.0%White
  • 1797.3%Asian
  • 1325.4%Black
  • 1014.1%Two or more races
  • 733.0%Hispanic or Latino
  • 50.2%American Indian

100% rural population.

Averages for the 2020 tax year for zip code 24556, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $85,251 (Individual Income Tax Returns)

Here:	$85,251
State:	$86,446

Salary/wage: $67,634 (reported on 80.0% of returns)

Here:	$67,634
State:	$71,185

(% of AGI for various income ranges: 1159.0% for AGIs below $25k, 3632.9% for AGIs $25k-50k, 6113.8% for AGIs $50k-75k, 9714.5% for AGIs $75k-100k, 18572.1% for AGIs $100k-200k, 98555.0% for AGIs over 200k)

Taxable interest for individuals: $1,249 (reported on 39.4% of returns)

This zip code:	$1,249
Virginia:	$1,805

(% of AGI for various income ranges: 15.3% for AGIs below $25k, 65.2% for AGIs $25k-50k, 62.5% for AGIs $50k-75k, 39.1% for AGIs $75k-100k, 180.5% for AGIs $100k-200k, 590.0% for AGIs over 200k)

Ordinary dividends: $6,393 (reported on 26.2% of returns)

Here:	$6,393
State:	$8,327

(% of AGI for various income ranges: 54.0% for AGIs below $25k, 81.0% for AGIs $25k-50k, 161.2% for AGIs $50k-75k, 118.2% for AGIs $75k-100k, 498.9% for AGIs $100k-200k, 5085.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$18,133 (reported on 24.4% of returns)

Here:	+$18,133
State:	+$24,644

(% of AGI for various income ranges: 39.7% for AGIs below $25k, 39.0% for AGIs $25k-50k, 187.5% for AGIs $50k-75k, 119.1% for AGIs $75k-100k, 801.6% for AGIs $100k-200k, 24585.0% for AGIs over 200k)

Profit/loss from business: +$9,719 (reported on 16.2% of returns)

Here:	+$9,719
State:	+$12,836

(% of AGI for various income ranges: 84.7% for AGIs below $25k, 161.4% for AGIs $25k-50k, 268.1% for AGIs $50k-75k, 281.8% for AGIs $75k-100k, 628.9% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $20,532 (reported on 13.8% of returns)

24556:	$20,532
Virginia:	$21,535

(% of AGI for various income ranges: 97.3% for AGIs below $25k, 262.9% for AGIs $25k-50k, 283.1% for AGIs $50k-75k, 552.7% for AGIs $75k-100k, 1374.7% for AGIs $100k-200k)

Total itemized deductions: $35,944 (reported on 11.2% of returns)

Here:	$35,944
State:	$33,287

(% of AGI for various income ranges: 888.7% for AGIs $50k-75k, 1405.3% for AGIs $100k-200k, 11890.0% for AGIs over 200k)

Charity contributions: $15,438 (reported on 10.0% of returns)

Here:	$15,438
State:	$10,381

(% of AGI for various income ranges: 286.2% for AGIs $50k-75k, 428.9% for AGIs $100k-200k, 5985.0% for AGIs over 200k)

Taxes paid: $7,550 (reported on 11.2% of returns)

24556:	$7,550
State:	$8,284

(% of AGI for various income ranges: 142.5% for AGIs $50k-75k, 361.1% for AGIs $100k-200k, 2225.0% for AGIs over 200k)

Earned income credit: $1,947 (reported on 9.4% of returns)

Here:	$1,947
State:	$2,214

(% of AGI for various income ranges: 56.0% for AGIs below $25k, 59.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 92.5%

Here:	92%
State:	92%

(% for various income ranges: 93.2% for AGIs below $25k, 93.3% for AGIs $25k-50k, 91.3% for AGIs $50k-75k, 94.1% for AGIs $75k-100k, 91.7% for AGIs $100k-200k, 90.0% for AGIs over 200k)

Averages for the 2012 tax year for zip code 24556, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $64,654 (Individual Income Tax Returns)

Here:	$64,654
State:	$71,192

Salary/wage: $54,032 (reported on 85.2% of returns)

Here:	$54,032
State:	$59,229

(% of AGI for various income ranges: 77.8% for AGIs below $25k, 70.8% for AGIs $25k-50k, 72.7% for AGIs $50k-75k, 75.0% for AGIs $75k-100k, 74.5% for AGIs $100k-200k, 57.2% for AGIs over 200k)

Taxable interest for individuals: $914 (reported on 40.8% of returns)

This zip code:	$914
Virginia:	$1,600

(% of AGI for various income ranges: 1.0% for AGIs below $25k, 0.9% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.6% for AGIs $100k-200k, 0.6% for AGIs over 200k)

Ordinary dividends: $4,430 (reported on 26.1% of returns)

Here:	$4,430
State:	$6,959

(% of AGI for various income ranges: 1.9% for AGIs below $25k, 1.9% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 0.8% for AGIs $75k-100k, 2.5% for AGIs $100k-200k, 2.2% for AGIs over 200k)

Net capital gain/loss in AGI: +$5,485 (reported on 18.3% of returns)

Here:	+$5,485
State:	+$16,672

(% of AGI for various income ranges: 0.3% for AGIs below $25k, 1.0% for AGIs $25k-50k, 0.6% for AGIs $75k-100k, 4.0% for AGIs $100k-200k)

Profit/loss from business: +$7,839 (reported on 16.2% of returns)

Here:	+$7,839
State:	+$14,116

(% of AGI for various income ranges: 5.9% for AGIs below $25k, 3.8% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 2.0% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $13,442 (reported on 13.4% of returns)

24556:	$13,442
Virginia:	$16,667

(% of AGI for various income ranges: 3.8% for AGIs below $25k, 4.6% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 2.9% for AGIs $75k-100k, 3.3% for AGIs $100k-200k)

Total itemized deductions: $22,871 (21% of AGI, reported on 38.7% of returns)

Here:	$22,871
State:	$26,596

Here:	20.8% of AGI
State:	20.1% of AGI

(% of AGI for various income ranges: 7.6% for AGIs below $25k, 13.9% for AGIs $25k-50k, 13.4% for AGIs $50k-75k, 12.6% for AGIs $75k-100k, 15.8% for AGIs $100k-200k, 13.0% for AGIs over 200k)

Charity contributions: $5,298 (reported on 33.1% of returns)

Here:	$5,298
State:	$4,443

(% of AGI for various income ranges: 3.3% for AGIs $25k-50k, 1.9% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.7% for AGIs $100k-200k, 4.4% for AGIs over 200k)

Taxes paid: $7,260 (reported on 38.7% of returns)

24556:	$7,260
State:	$9,951

(% of AGI for various income ranges: 0.7% for AGIs below $25k, 2.2% for AGIs $25k-50k, 3.1% for AGIs $50k-75k, 3.6% for AGIs $75k-100k, 5.9% for AGIs $100k-200k, 5.9% for AGIs over 200k)

Earned income credit: $1,858 (reported on 13.4% of returns)

Here:	$1,858
State:	$2,211

(% of AGI for various income ranges: 4.7% for AGIs below $25k, 1.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 47.2%

Here:	47%
State:	46%

(% for various income ranges: 41.3% for AGIs below $25k, 51.7% for AGIs $25k-50k, 52.6% for AGIs $50k-75k, 47.6% for AGIs $75k-100k, 47.8% for AGIs $100k-200k, 50.0% for AGIs over 200k)

Averages for the 2004 tax year for zip code 24556, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $51,940 (Individual Income Tax Returns)

Here:	$51,940
State:	$56,704

Salary/wage: $45,082 (reported on 85.1% of returns)

Here:	$45,082
State:	$48,441

(% of AGI for various income ranges: 123.5% for AGIs below $10k, 74.0% for AGIs $10k-25k, 76.0% for AGIs $25k-50k, 81.7% for AGIs $50k-75k, 82.8% for AGIs $75k-100k, 61.6% for AGIs over 100k)

Taxable interest for individuals: $1,279 (reported on 50.7% of returns)

This zip code:	$1,279
Virginia:	$1,688

(% of AGI for various income ranges: 8.6% for AGIs below $10k, 3.1% for AGIs $10k-25k, 1.2% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 1.6% for AGIs over 100k)

Taxable dividends: $3,301 (reported on 28.1% of returns)

Here:	$3,301
State:	$4,028

(% of AGI for various income ranges: 6.5% for AGIs below $10k, 1.6% for AGIs $10k-25k, 1.2% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 3.0% for AGIs over 100k)

Net capital gain/loss: +$10,967 (reported on 21.5% of returns)

Here:	+$10,967
State:	+$14,375

(% of AGI for various income ranges: 2.0% for AGIs below $10k, 0.7% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 11.1% for AGIs over 100k)

Profit/loss from business: +$10,125 (reported on 14.1% of returns)

Here:	+$10,125
State:	+$13,342

(% of AGI for various income ranges: 2.2% for AGIs below $10k, 3.7% for AGIs $10k-25k, 6.0% for AGIs $25k-50k, 2.3% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 2.7% for AGIs over 100k)

IRA payment deduction: $3,571 (reported on 3.4% of returns)

24556:	$3,571
Virginia:	$2,943

Total itemized deductions: $18,112 (21% of AGI, reported on 41.4% of returns)

Here:	$18,112
State:	$21,492

Here:	20.8% of AGI
State:	21.0% of AGI

(% of AGI for various income ranges: 18.7% for AGIs below $10k, 10.7% for AGIs $10k-25k, 12.8% for AGIs $25k-50k, 14.9% for AGIs $50k-75k, 16.0% for AGIs $75k-100k, 14.4% for AGIs over 100k)

Charity contributions deductions: $4,002 (4% of AGI, reported on 37.1% of returns)

Here:	$4,002
State:	$3,794

Here:	4.4% of AGI
State:	3.5% of AGI

(% of AGI for various income ranges: 2.2% for AGIs $10k-25k, 2.4% for AGIs $25k-50k, 2.7% for AGIs $50k-75k, 2.8% for AGIs $75k-100k, 3.4% for AGIs over 100k)

Total tax: $7,097 (reported on 78.6% of returns)

24556:	$7,097
State:	$9,537

(% of AGI for various income ranges: 2.1% for AGIs below $10k, 3.8% for AGIs $10k-25k, 6.5% for AGIs $25k-50k, 7.8% for AGIs $50k-75k, 9.6% for AGIs $75k-100k, 16.4% for AGIs over 100k)

Earned income credit: $1,626 (reported on 9.8% of returns)

Here:	$1,626
State:	$1,734

Percentage of individuals using paid preparers for their 2004 taxes: 51.8%

Here:	52%
State:	52%

(% for various income ranges: 45.2% for AGIs below $10k, 48.1% for AGIs $10k-25k, 58.3% for AGIs $25k-50k, 55.5% for AGIs $50k-75k, 47.1% for AGIs $75k-100k, 55.8% for AGIs over 100k)

Nearest zip codes: 24570, 24551, 24523, 24536, 24503, 24526.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 43
Household did not receive Food Stamps/SNAP in the past 12 months: 973

Women who had a birth in the past 12 months: 2 (2 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 356 (196 now married, 157 unmarried)

Housing units in zip code 24556 with a mortgage: 511 (52 second mortgage, 51 both second mortgage and home equity loan)
Houses without a mortgage: 10

Median monthly owner costs for units with a mortgage: $1,548
Median monthly owner costs for units without a mortgage: $380

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 24556 household income distribution in 2022

• 29Less than $10,000
• 53$15,000 to $19,999
• 33$20,000 to $24,999
• 28$25,000 to $29,999
• 51$30,000 to $34,999
• 46$35,000 to $39,999
• 44$40,000 to $44,999
• 19$45,000 to $49,999
• 80$50,000 to $59,999
• 52$60,000 to $74,999
• 123$75,000 to $99,999
• 130$100,000 to $124,999
• 76$125,000 to $149,999
• 109$150,000 to $199,999
• 142$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 24556

• 48Less than $10,000
• 19$15,000 to $19,999
• 12$40,000 to $49,999
• 5$50,000 to $59,999
• 21$60,000 to $69,999
• 4$80,000 to $89,999
• 6$100,000 to $124,999
• 20$125,000 to $149,999
• 51$150,000 to $174,999
• 20$175,000 to $199,999
• 148$200,000 to $249,999
• 89$250,000 to $299,999
• 96$300,000 to $399,999
• 170$400,000 to $499,999
• 176$500,000 to $749,999
• 37$750,000 to $999,999
• 60$1,000,000 to $1,499,999

• Rent paid by renters in 2022 in zip code 24556

• 13$500 to $549
• 11$1,000 to $1,249
• 13No cash rent

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $328,701
• Black or African American householders: $219,613
• Hispanic or Latino householders: $388,748

Estimated median house or condo value in 2022: $328,463 Lower value quartile - upper value quartile: $223,456 - $536,643

Mean price in 2022:

Detached houses: $520,510

Here:	$520,510
State:	$472,865

Mobile homes: $156,344

Here:	$156,344
State:	$100,736

Housing units in structures:

• One, detached: 964
• One, attached: 3
• 3 or 4: 10
• Mobile homes: 109

Unemployment: 2.9%

• Means of transportation to work in zip code 24556

• 80.7%966Drove a car alone
• 3.8%46Carpooled
• 15.2%182Worked at home

• Travel time to work (commute) in zip code 24556

• 13210 to 14 minutes
• 12115 to 19 minutes
• 36920 to 24 minutes
• 7225 to 29 minutes
• 17930 to 34 minutes
• 5835 to 39 minutes
• 3845 to 59 minutes
• 3260 to 89 minutes

Percentage of zip code residents living and working in this county: 43.3%

Household type by relationship:

Households: 2,457

• Male householders: 435 (73 living alone), Female householders: 593 (92 living alone)

• 707 spouses (707 opposite-sex spouses), 33 unmarried partners, (33 opposite-sex unmarried partners), 525 children (481 natural, 25 adopted, 18 stepchildren), 18 grandchildren, 29 brothers or sisters, 19 parents, 18 foster children, 0 other relatives, 85 non-relatives

Size of family households: 395 2-persons, 240 3-persons, 115 4-persons, 15 5-persons, 9 6-persons

Size of nonfamily households: 164 1-person, 53 2-persons, 28 3-persons

225 married couples with children.
46 single-parent households (20 men, 26 women).

94.6% of residents of 24556 zip code speak English at home.
0.4% of residents speak Spanish at home (100% very well).
1.5% of residents speak other Indo-European language at home (62% very well, 38% well).
3.8% of residents speak Asian or Pacific Island language at home (89% very well, 11% well).

Facilities with environmental interests located in this zip code:

• BEDFORD CO - OTTER RIVER ELEMENTARY SCHOOL (1044 OTTER RIVER DRIVE in GOODE, VA)

  AIR MINOR (AIRS/AFS)
  STATE MASTER (Virginia pollutants databases) - CEDS-30278, AIR PROGRAM
  (National Center for Education Statistics) - STATE ID-0101170
  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: SEWERAGE SYSTEMS; ELEMENTARY AND SECONDARY SCHOOLS
  Business NAICS classification: ELEMENTARY AND SECONDARY SCHOOLS.
  Organizations: BEDFORD COUNTY PUBLIC SCHOOLS (SCHOOL DISTRICT)
  Alternative names: BEDFORD CO.SCHOOL BOARD.OTTER, OTTER RIVER ELEM. SCHOOL

• BEDFORD AGRICULTURE SERVICES (9628 LYNCHBURG-SALEM TURNPIKE in BEDFORD, VA)

  ENFORCEMENT/COMPLIANCE ACTIVITY (Integrated Compliance Information System) - ICIS-03-2005-0012, FORMAL ENFORCEMENT ACTION
  (Integrated Compliance Information System) - ICIS-03-2005-0012, FORMAL ENFORCEMENT ACTION
  Business SIC classification: FARM SUPPLIES
  

• CEDAR ROCK WWTP (1725 OLD CIFAX RD in GOODE, VA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: SEWERAGE SYSTEMS
  

Housing units lacking complete plumbing facilities: 2.8%
Housing units lacking complete kitchen facilities: 5.6%

Population in 1990: 2,516. Population change in the 1990s: +241 (+9.6%).

Place of birth for U.S.-born residents:

• This state: 1,429
• Northeast: 259
• Midwest: 205
• South: 276
• West: 109

60% of the 24556 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 29% lived in this county.
   Out of people who lived in different counties, 50% lived in Virginia.

90% of the 24556 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 53% moved from this county.
   Out of people who lived in different houses, 43% moved from different county within same state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 30
Students in private schools in grades 9 to 12 (high school): 28 Students in private undergraduate colleges: 69

Companies with federal contracts located in this zip code:

• STEPHEN R BRYANT (5410 OLD CIFAX ROAD in GOODE, VA; small business) : $924,910 in 7 contracts from 2000 to 2005

  Contracts for Pediatric Services by Navy
  Signed by year: 2000: $75,000; 2001: $200,820; 2002: $166,622; 2003: $171,872; 2004: $176,436; 2005: $134,160; 2006: $0.
  
  Biggest contracts:
  $176,436 with Navy for Pediatric Services. Signed on 2004-11-14. Completion date: 2005-09-30.
  $171,872, same as above. Signed on 2003-10-01. Completion date: 2003-09-30.
  $166,622, same as above. Signed on 2002-10-01. Completion date: 2003-09-30.
  $161,820, same as above. Signed on 2001-10-01. Completion date: 2006-06-30.
  

• GUNNOE SAUSAGE COMPANY INC (3989 CIFAX ROAD in GOODE, VA; small business) : $162,750 in 9 contracts from 2004 to 2005

  Contracts for Food Items For Resale, Non-Food Items For Resale by Defense Commissary Agency
  Signed by year: 2000: $0; 2001: $0; 2002: $0; 2003: $0; 2004: $58,497; 2005: $104,253; 2006: $0.
  
  Biggest contracts:
  $45,890 with Defense Commissary Agency for Food Items For Resale. Signed on 2004-10-01. Completion date: 2005-02-28.
  $39,591, same as above. Signed on 2005-04-01. Completion date: 2005-08-31.
  $24,307 with Defense Commissary Agency for Non-Food Items For Resale. Signed on 2005-10-01. Completion date: 2005-12-31.
  $20,986 with Defense Commissary Agency for Food Items For Resale. Signed on 2005-01-01. Completion date: 2005-03-31.
  

Top industries in this zip code by the number of employees in 2005:

• Construction: New Single-Family Housing Construction (except Operative Builders) (5-9 employees: 4 establishments, 1-4 employees: 2 establishments)
• Construction: Masonry Contractors (5-9: 2, 1-4: 3)
• Construction: Residential Remodelers (10-19: 1, 1-4: 2)
• Construction: Framing Contractors (10-19: 1, 1-4: 1)
• Construction: Electrical Contractors (5-9: 1, 1-4: 2)
• Construction: Finish Carpentry Contractors (5-9: 1, 1-4: 1)
• Construction: Site Preparation Contractors (5-9: 1, 1-4: 1)

Detailed HMDA statistics for the following Tracts: 0302.01


Detailed PMIC statistics for the following Tracts: 0302.01

2002 - 2018 National Fire Incident Reporting System (NFIRS) incidents

According to the data from the years 2002 - 2018 the average number of fires per year is 11. The highest number of fires - 22 took place in 2008, and the least - 5 in 2005. The data has an increasing trend.
When looking into fire subcategories, the most reports belonged to: Structure Fires (42.7%), and Outside Fires (41.1%).


• Fire incident types reported to NFIRS in Zip Code 24556
• 7942.7%Structure Fires
• 7641.1%Outside Fires
• 2714.6%Mobile Property/Vehicle Fires
• 31.6%Other

See full 2006 National Fire Incident Reporting System statistics for zip code 24556, Virginia

Most common first names in zip code 24556 among deceased individuals
Name	Count	Lived (average)
John	17	72.9 years
Mary	16	83.9 years
James	13	74.9 years
William	11	75.3 years
Robert	11	73.9 years
Frank	8	77.5 years
Elizabeth	7	85.8 years
George	6	79.0 years
Dorothy	6	83.7 years
Harry	6	74.4 years

Most common last names in zip code 24556 among deceased individuals
Last name	Count	Lived (average)
Witt	10	72.9 years
Wilson	10	69.6 years
Spinner	9	77.8 years
Padgett	9	84.5 years
Smith	8	69.3 years
Bryant	8	70.6 years
Sims	7	70.4 years
Abbott	6	72.5 years
Burnette	6	87.0 years
Poindexter	6	75.8 years