
Augusta County · Virginia
ZIP code 24431
- Population
- 2,412
- Median income
- $76,380
- Median home
- $176,000
- Sales tax
- 4.3%
ZCTA residents
Household, past 12 months
Owner-occupied value
Virginia state rate
Quick answer
ZIP 24431 sits in Augusta County, Virginia and is home to 2,412 people. Median household income is $76,380, the median home is worth $176,000 and median gross rent is —. 88.3% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).
- County
- Augusta County
- State
- Virginia (VA)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 51015
903 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 24431
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 2,412ZIP 24431 residents
- Median household income
- $76,380Past 12 months, inflation adjusted
- Median home value
- $176,000Owner-occupied units
- Median gross rent
- —Rent plus utilities, monthly
- Median age
- 48 yrsAll residents
- Homeownership rate
- 88.3%Owner-occupied households
ZIP 24431 in context
How this area compares with national benchmarks.
ZIP 24431 is a small town in Augusta County, Virginia, with 2,412 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #472 of 903 ranked by population — larger than 47% of them. The median age here is 48 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in ZIP 24431 earn a median of $76,380 a year, 2.7% below the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 13.9% of residents here, above the 12.4% national rate.
The typical owner-occupied home in ZIP 24431 is valued at $176,000, 42% below the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.3×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 88.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
The Census withheld gross rent for ZIP 24431 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.
Reading ZIP 24431 in context
How 24431 sits inside Augusta County and Virginia.
ZIP 24431 is tabulated inside Augusta County, Virginia, one of 22 ZIP areas the Census publishes for that county and 903 across Virginia. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 24431 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.
Against its own county, 24431 reports a median household income of $76,380, 6% below the $81,188 county median, and 5% above the $72,517 typical VA ZIP. Owner-occupied homes are valued at a median of $176,000, 32% below the county figure and 31% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published a month, which is why it reads higher than the advertised rent on a listing for the same unit.
Virginia charges 4.3% statewide, and local governments overlapping 24431 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.
Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 24431 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.
Sales tax in 24431
What a purchase inside this ZIP costs at checkout.
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.
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 24431 compares
ZIP 24431 against the median ZIP in Augusta County and across Virginia.
| Measure | ZIP 24431 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $76,380 | $81,188 | $72,517 | +5% |
| Median home value | $176,000 | $258,450 | $255,900 | -31% |
| Median gross rent | — | $1,002 | $1,108 | — |
| Population | 2,412 | 2,498 | 2,686 | -10% |
Medians are computed across the 22 ZIP areas in Augusta County and the 903 ZIP areas in Virginia.
Statewide rank
Where this ZIP places among all 903 Virginia ZIP areas.
- Income
- #363
- Home value
- #577
- Population
- #472
richer than 55% of 801 state ZIPs
above 27% of 791 state ZIPs
larger than 48% of 903 state ZIPs
Comparable ZIP codes
Virginia ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Augusta County.
Adjacent ZIP Codes
Other ZIP codes in Augusta County, Virginia.
ZIP 24431 questions
Common questions about this ZIP code.
- Where is ZIP code 24431?
- ZIP 24431 lies mostly in Augusta 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 24431?
- Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
- Is 24431 expensive to live in?
- Median rent runs — a month, and the median home is worth $176,000 — -31% 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.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Virginia Department of Taxation — Sales tax rates and local add-ons
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.