ZIP Code 24556 -- Goode, VA

Bedford | 2024 American Community Survey Data

Key Insights

  • 89.03% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
2,584
Unknown
Median Income
$87,250
Home Value
$399,000
Median Rent
$787
Median Age
50.30
Diversity Index
26.30
Low
Cost of Living
111.7
above average
Unemployment
0.0%

About ZIP Code 24556

ZIP code 24556 in Goode, Virginia is a unknown area with a population of 2,584. The median household income is $87,250, which is This is 16% above the national median of $75,000.. The median home value is $399,000, representing a price-to-income ratio of 4.6x . The cost of living is above average with an index of 111.7 (the national average is 100). Residents have a median age of 50.30 years. Approximately 28.6% of adults hold a bachelor's degree or higher. This ZIP code is located in Bedford, VA.

Population & Age

Total Population
2,584
Median Age
50.30
Male Population
1,330
51.5%
Female Population
1,254
48.5%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
26.30 Low
White
86.1%
Black or African American
3.6%
Hispanic or Latino
0.6%
Asian
2.7%
Native American
2.1%
Pacific Islander
0.0%
Two or More Races
4.1%
Other Race
1.4%

Racial Composition

Income & Economy

Median Household Income
$87,250
Mean Household Income
$105,591
Per Capita Income
$42,456
Below Poverty Line
6.5%

This is 16% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$399,000
Median Rent
$787
Total Housing Units
1,132
Occupied Units
1,067
Vacant Units
65
5.7% vacancy
Median Year Built
1985
Owner Occupied
89.0%
Renter Occupied
11.0%
Price-to-Income Ratio 4.6x

Moderately affordable

Ownership vs Rental

Owner 89.0% Renter 11.0%

Education

High School Diploma or Higher 94.5%
Bachelor's Degree or Higher 28.6%
Graduate or Professional Degree 10.4%

Employment & Commuting

Civilian Labor Force
1,381
Employment Rate
100.0%
Unemployment Rate
0.0%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
80.4%
Carpool
1.6%
Public Transit
0.0%
Work from Home
18.0%

Cost of Living Index

111.7
above average

The cost of living in ZIP code 24556 is 11.7% above the national average of 100.

0 National Avg (100) 200

Compare 24556 with:

Compare 24556 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Bedford

ZIP Code City Population Median Income
24551 Forest 28,554 $91,067
24523 Bedford 20,349 $73,957
24121 Moneta 10,315 $81,006
24095 Goodview 3,962 $80,246
24104 Huddleston 3,163 $65,738
24174 Thaxton 2,191 $54,052

Frequently Asked Questions about ZIP Code 24556

ZIP code 24556 (Goode, VA) has a total population of 2,584 according to the 2024 American Community Survey. The median age is 50.30 years.

The median household income in ZIP code 24556 is $87,250 per year, based on 2024 Census Bureau data. This is 16% above the national median of $75,000.

ZIP code 24556 is primarily located in Goode, Virginia (VA). It falls within Bedford County.

The median home value in ZIP code 24556 is $399,000, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $787.

The median age in ZIP code 24556 is 50.30 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 24556 has a cost of living index of 111.73 (national average = 100). This means the cost of living is above average compared to the national average.

In ZIP code 24556, 28.57% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 10.42% hold a graduate or professional degree.

The unemployment rate in ZIP code 24556 is 0.00%, which is below the national average of 3.6%. About 18.04% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.