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These days, finding an affordable place to live in the 24020 area can be challenging. Home prices in 24020 are now at a median cost of $254,600, lower than the Virginia average of $443,089.
The average cost of rent is $1,699/mo in 24020, primarily driven by the current value of real estate in the 24020 area. In 24020, 19.58% of households rent, and 26.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24020 is $9,167 per month. Households that rent pay about 18.53% of their income on rent here. 24020’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 24019, VA: equally priced homes
- 24077, VA: higher priced homes
- 24012, VA: less expensive homes
- 24083, VA: higher priced homes
- 24175, VA: higher priced homes
- 24017, VA: less expensive homes
- 24016, VA: less expensive homes
- 24011, VA: higher priced homes
- 24013, VA: less expensive homes
- 24015, VA: higher priced homes
Zip Codes with Similar Populations
- 03441, NH: equally priced homes
- 04216, ME: less expensive homes
- 04626, ME: less expensive homes
- 04781, ME: less expensive homes
- 15482, PA: less expensive homes
- 66939, KS: less expensive homes
- 64651, MO: less expensive homes
- 64728, MO: less expensive homes
- 65250, MO: less expensive homes
- 65627, MO: less expensive homes
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