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These days, finding an affordable place to live in the 24340 area can be challenging. Home prices in 24340 are now at a median cost of $170,627, lower than the Virginia average of $443,089.
The average cost of rent is $826/mo in 24340, primarily driven by the current value of real estate in the 24340 area. In 24340, 25.54% of households rent, and 60.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24340 is $5,601 per month. Households that rent pay about 14.74% of their income on rent here. 24340’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 24361, VA: higher priced homes
- 24319, VA: less expensive homes
- 24370, VA: less expensive homes
- 24236, VA: equally priced homes
- 24210, VA: higher priced homes
- 24211, VA: higher priced homes
- 24354, VA: equally priced homes
- 24292, VA: equally priced homes
- 24266, VA: equally priced homes
- 24378, VA: less expensive homes
Zip Codes with Similar Populations
- 72106, AR: higher priced homes
- 08343, NJ: higher priced homes
- 08510, NJ: higher priced homes
- 08535, NJ: higher priced homes
- 10532, NY: higher priced homes
- 10560, NY: higher priced homes
- 12946, NY: higher priced homes
- 21758, MD: higher priced homes
- 23310, VA: higher priced homes
- 71254, LA: less expensive homes
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