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Demographic Analysis of Zip Code 24090: Predominantly White Population in Fincastle, Virginia
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 24090 in Fincastle, Virginia, is categorized as having "Low Diversity" as of 2022. The population is 93% white. The current median income is $81,991, which is slightly higher than the previous year.
Fincastle has maintained its status as a "Low Diversity" community over the past decade. The white population has remained above 90% throughout this period. Minor changes in minority groups include a decrease in the Black population from 5% in 2013 to 2% in 2022, a relatively stable Hispanic population between 0-2%, and slight increases in the Asian and Two or More Races categories, though still remaining below 3% each.
The median income in Fincastle has fluctuated over the years. It reached a peak of $83,919 in 2019 before slightly declining. The overall trend shows a modest increase from $79,995 in 2013 to $81,991 in 2022. The population has slightly increased from 4,783 in 2013 to 4,869 in 2022, with some fluctuations and a peak of 5,033 in 2020.
The persistent "Low Diversity" categorization of Fincastle contrasts with national trends towards increasing diversity in many areas of the United States. The median income in Fincastle ($81,991 in 2022) is higher than the national median household income, which was around $70,784 in 2021. The stability in both racial composition and economic indicators suggests that Fincastle may be somewhat insulated from broader demographic shifts occurring in more urban or rapidly growing areas.
Fincastle presents a stable, predominantly white community with above-average income levels. Minor indications of increasing diversity are occurring at a slower pace than in many other parts of the country. The economic stability of the area may be a factor in maintaining its current demographic composition, potentially attracting residents who seek consistency in community makeup and economic opportunities.
