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ZipNumbers

Buchanan County · Virginia

ZIP code 24656

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 24656 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
2,664

ZCTA residents

Median income
$39,174

Household, past 12 months

Median home
$90,400

Owner-occupied value

Sales tax
4.3%

Virginia state rate

Quick answer

ZIP 24656 sits in Buchanan County, Virginia and is home to 2,664 people. Median household income is $39,174, the median home is worth $90,400 and median gross rent is $635. 83.1% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).

County
Buchanan County

FIPS 51027

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 24656

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

Population
2,664ZIP 24656 residents
Median household income
$39,174Past 12 months, inflation adjusted
Median home value
$90,400Owner-occupied units
Median gross rent
$635Rent plus utilities, monthly
Median age
51.7 yrsAll residents
Homeownership rate
83.1%Owner-occupied households

Sales tax in 24656

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
19%Median rent ÷ median income
Price-to-income
2.3×Home value ÷ household income
Est. mortgage
$469/mo20% down, 30-yr at 6.75%
Poverty rate
19.8%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 24656 compares

ZIP 24656 against the median ZIP in Buchanan County and across Virginia.

MeasureZIP 24656County medianState medianvs state
Median household income$39,174$41,042$72,517-46%
Median home value$90,400$78,400$255,900-65%
Median gross rent$635$777$1,108-43%
Population2,6646962,686-1%

Medians are computed across the 12 ZIP areas in Buchanan County and the 903 ZIP areas in Virginia.

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 4% of 801 state ZIPs

#767
Home value

above 4% of 791 state ZIPs

#762
Population

larger than 50% of 903 state ZIPs

#453

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
24312Carroll County$38,993$138,600$816
23050Mathews County$39,375$348,900
24649Russell County$38,940$94,400$2,548
24260Russell County$39,678$96,500$654
23868Brunswick County$38,661$138,800$786
24520Halifax County$39,773$132,500$710

Nearby ZIP codes

Other ZIP codes filed under Buchanan County.

ZIP 24656 questions

Common questions about this ZIP code.

Where is ZIP code 24656?
ZIP 24656 lies mostly in Buchanan 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 24656?
Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
Is 24656 expensive to live in?
Median rent runs $635 a month, about 19% of median household income, and the median home is worth $90,400-65% 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 24656, 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.