ZIP Code 24112: Population, Income, Housing

State: VA
Total population: 31,028 Household income: $48,770 Rent: $790

Overview

Total population
31,028
Rent
$790
Year built
1968
Household income
$48,770
Per capita income
$31,886
Poverty rate
19.1%
Unemployment rate
N/A
Household size
2.3 persons
Rent over 30% of income
39.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Virginia
County
Henry County
Total population
31,028
Adults over 25
21,856
Total households
13,299
Household size
2.3 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$48,770
Per capita income
$31,886
Poverty rate
19.1%
Unemployment rate
N/A
Rent over 30% of income
39.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$790
Year built
1968
Households that rent
33%
Households that own
67%
Rooms per home (all homes)
5.4

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
52.3%
Black
37.1%
Asian
2.1%
Two or more races
5.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
5.9%
Not Hispanic or Latino
94.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
11,592 (91.1%)
Commute time to work
23 mins
Work from home
1,139 (8.9%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
29.8%
High school graduate or GED
34.3%
Some college or associate degree
16.3%
Bachelor’s degree or higher
19.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 24112 with: Henry County, VA Virginia United States

ZIP 24112

Total population31,028
Rent$790
Year built1968
Household income$48,770
Per capita income$31,886
Poverty rate19.1%
Unemployment rateN/A

Henry County, VA

Total population49,980
Rent$728
Year built1974
Household income$50,760
Per capita income$30,578
Poverty rate16%
Unemployment rate3.6%

Virginia State

Total population8,705,170
Rent$1,579
Year built1984
Household income$93,170
Per capita income$50,666
Poverty rate9.9%
Unemployment rate2.8%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP24112 CountyHenry, VAStateVirginiaCountryUnited States
Total population31,02849,9808,705,170334,922,499
Rent$790$728$1,579$1,413
Year built1968197419841980
Household income$48,770$50,760$93,170$80,734
Per capita income$31,886$30,578$50,666$44,673
Poverty rate19.1%16%9.9%12.5%
Unemployment rateN/A3.6%2.8%4%

View the full multi-level comparison →

 

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Summary for 24112

Rent & Income

In 24112, the typical monthly rent is $790 and the typical household income is $48,770. Rent here is lower than Virginia, and household income is lower than Virginia. The estimated poverty rate is 19.1%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 33% of households. Around 39.4% of renters are cost-burdened, indicating a moderate level of rent pressure.

Education & Employment

Only about 19.6% of adults have a bachelor’s degree or higher, indicating lower levels of formal education.


 

ZIP 24112 — Rent vs Household Income

 


 

ZIP 24112 — Poverty

 


 

How ZIP 24112 compares in Virginia (101 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $790 1 / 101 from lower rent $790 – $3,501
Household income $48,770 100 / 101 from higher income $47,924 – $250,001
Poverty rate 19.1% 92 / 101 from lower poverty 2% – 33.6%

Rankings are calculated among ZIP Codes in Virginia with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 24112

Rent

Looking at rent levels, ZIP Code 24112 places 1st out of 101 ZIP Codes in Virginia. Throughout Virginia, numbers span from $790 in ZIP 24112 up to $3,501 in ZIP 22101.

Household income

In terms of earnings, this ZIP comes 100th out of 101 ZIP Codes. At the state level, values extend from $47,924 in ZIP 24540 up to $250,001 in ZIP 22101.

Poverty rate

In terms of poverty rate, ZIP Code 24112 comes 92nd out of 101 ZIP Codes. In Virginia as a whole, the range goes from 2% in ZIP 20105 up to 33.6% in ZIP 24060.

 


💰 Rent in ZIP Code 24112 (with Utilities)

Estimated Monthly Rent: $790 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 24112

Annual Household Income: $48,770

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 24112

Estimated Rate: 19.1%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 24112

In ZIP Code 24112, households that rent: 4,394 (33%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 4,394 33%
Owner-Occupied 8,905 67%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 24112

In ZIP Code 24112, cost-burdened renters (households spending over 30% of income on housing): 1,732 (39.4%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 1,732 39.4%
Other renter households 2,662 60.6%
Total renter households 4,394 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 24112

Less than High School: 6,520 people (29.8%)

Includes adults who did not complete high school.

High School Graduate or GED: 7,487 people (34.3%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 3,569 people (16.3%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 4,280 people (19.6%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 21,856


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.