Comparison to Surrounding Areas
The median household income ($89,137) for 24503 is less than the median household income for 24551 ($91,067). But it's more than 24574 ($69,133), 24502 ($68,872), 24504 ($52,571), 24536 ($-1), 24572 ($62,030), 24501 ($42,222), Lynchburg city/county ($57,947), Bedford County ($78,937), Forest CDP ($81,552), and Lynchburg city ($57,947).
| 24503 | $89,137 |
| Forest CDP | $81,552 |
| Lynchburg city | $57,947 |
| Bedford County | $78,937 |
| Lynchburg city/county | $57,947 |
Get Median Household Income for all Zip Codes in Virginia.
The average household income ($132,041) for 24503 is more than 24574 ($91,456), 24504 ($69,407), 24536 ($110,447), 24551 ($116,134), 24572 ($77,274), 24501 ($57,902), 24502 ($81,286), Lynchburg city/county ($79,031), Bedford County ($102,452), Forest CDP ($103,831), and Lynchburg city ($79,031).
| 24503 | $132,041 |
| Forest CDP | $103,831 |
| Lynchburg city | $79,031 |
| Bedford County | $102,452 |
| Lynchburg city/county | $79,031 |
Get Average Household Income for all Zip Codes in Virginia.
The per-capita income for 24503 is $51,954. The per capita income ($51,954) for 24503 is more than 24574 ($36,569), 24504 ($30,153), 24536 ($24,394), 24551 ($44,996), 24572 ($33,108), 24501 ($24,047), 24502 ($34,034), Lynchburg city/county ($29,937), Bedford County ($42,461), Forest CDP ($42,177), and Lynchburg city ($29,937).
| 24503 | $51,954 |
| Forest CDP | $42,177 |
| Lynchburg city | $29,937 |
| Bedford County | $42,461 |
| Lynchburg city/county | $29,937 |
Get Per-Capita Income for all Zip Codes in Virginia.
15.3% of households make over $200,000 a year. The percent high income households (15.3%) for 24503 is more than 24574 (6.7%), 24504 (4.0%), 24536 (0.0%), 24551 (13.0%), 24572 (3.1%), 24501 (2.5%), 24502 (4.5%), Lynchburg city/county (5.2%), Bedford County (9.3%), Forest CDP (12.3%), and Lynchburg city (5.2%).
| 24503 | 15.3% |
| Forest CDP | 12.3% |
| Lynchburg city | 5.2% |
| Bedford County | 9.3% |
| Lynchburg city/county | 5.2% |
Get High Income Households for all Zip Codes in Virginia.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 24503 | $57,652 | $101,810 | $116,851 | $85,924 |
| Forest CDP | $63,750 | $85,000 | $93,712 | $72,386 |
| Lynchburg city | $43,603 | $62,159 | $72,963 | $50,579 |
| Bedford County | $58,583 | $98,008 | $86,142 | $63,298 |
| Lynchburg city/county | $43,603 | $62,159 | $72,963 | $50,579 |
Get Median Household Income by Age of Householder for all Zip Codes in Virginia.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 24503 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 24503 | +/-$7,369 | +/-$12,353 | +/-$5,139 | +/-2.8% | +/-$13,591 | +/-$26,802 | +/-$18,483 | +/-$9,722 |
| Forest CDP | +/-$7,145 | +/-$8,742 | +/-$3,705 | +/-3.6% | +/-$16,086 | +/-$20,419 | +/-$10,016 | +/-$6,733 |
| Lynchburg city | +/-$3,396 | +/-$3,286 | +/-$1,184 | +/-0.9% | +/-$9,990 | +/-$12,042 | +/-$5,261 | +/-$5,683 |
| Bedford County | +/-$3,263 | +/-$3,911 | +/-$1,633 | +/-1.1% | +/-$14,998 | +/-$9,106 | +/-$6,324 | +/-$5,000 |
| Lynchburg city/county | +/-$3,396 | +/-$3,286 | +/-$1,184 | +/-0.9% | +/-$9,990 | +/-$12,042 | +/-$5,261 | +/-$5,683 |