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ZipNumbers

Grayson County · Virginia

ZIP code 24363

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 24363 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,012

ZCTA residents

Median income
$50,938

Household, past 12 months

Median home
$115,400

Owner-occupied value

Sales tax
4.3%

Virginia state rate

Quick answer

ZIP 24363 sits in Grayson County, Virginia and is home to 1,012 people. Median household income is $50,938, the median home is worth $115,400 and median gross rent is . 94.7% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).

County
Grayson County

FIPS 51077

State
Virginia (VA)

903 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 24363

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,012ZIP 24363 residents
Median household income
$50,938Past 12 months, inflation adjusted
Median home value
$115,400Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
58.4 yrsAll residents
Homeownership rate
94.7%Owner-occupied households

Sales tax in 24363

What a purchase inside this ZIP costs at checkout.

Rate applied
4.3%State base rate only
Tax on $100
$4Rounded to the dollar
Tax on $1,000
$43Before any exemptions

Virginia levies 4.3% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
Median rent ÷ median income
Price-to-income
2.3×Home value ÷ household income
Est. mortgage
$599/mo20% down, 30-yr at 6.75%
Poverty rate
16.8%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 24363 compares

ZIP 24363 against the median ZIP in Grayson County and across Virginia.

MeasureZIP 24363County medianState medianvs state
Median household income$50,938$42,408$72,517-30%
Median home value$115,400$116,800$255,900-55%
Median gross rent$681$1,108
Population1,0121,0202,686-62%

Medians are computed across the 7 ZIP areas in Grayson County and the 903 ZIP areas in Virginia.

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 18% of 801 state ZIPs

#658
Home value

above 9% of 791 state ZIPs

#721
Population

larger than 29% of 903 state ZIPs

#642

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
23075Henrico County$50,947$198,900$1,252
22948Madison County$50,909$358,300
24012Roanoke city$51,002$177,000$1,002
20184Loudoun County$50,833$1,880
23707Portsmouth city$51,070$222,100$1,076
23306Accomack County$51,083$283,600$1,260

Nearby ZIP codes

Other ZIP codes filed under Grayson County.

ZIP 24363 questions

Common questions about this ZIP code.

Where is ZIP code 24363?
ZIP 24363 lies mostly in Grayson County, Virginia. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 24363?
Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
Is 24363 expensive to live in?
Median rent runs a month, and the median home is worth $115,400-55% against the typical Virginia ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 24363, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.