Interested in purchasing investment houses in the 24122 zip code in Montvale, VA?
The zip code 24122 is in Bedford county with a latitude of -79.693580000000 and longitude of 37.425140000000, is in the state of Virginia. The average asking price of houses and condos is $382,889.00 and the average sale price was $148,667.00. this regions is classified as the Roanoke metro area and is in the 540 area code. The location in degrees is 37° 25' 30.504" N, 79° 41' 36.888" W. The county F.I.P.S. is 51019. The total land area is 28.7 square miles and the water area is 0.0 square miles. The elevation in this area is 1004 - 1837 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24122 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 1,617 in 2019 and 1,683 in 2010. This further breaks down to 851 males (52.7%) and 765 females (47.3%). The median age of residents is 46.6 years. The population of the greater Lynchburg, VA area is 249,791. The population density (people per square mile) is 56. This zip code has a combined total of 797 houses and condos. There are 32 rented appartments. 5% of residents rent versus the 5% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $45,775 and the average salary is $38,882. The median household income of individuals is $39,347.00 and the average is $49,130.00. This zip code has a mean commute time to work of 29.4 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 62.00% (Under $50,000), 31.40% ($50,000-$100,000), and 6.60% earn over $100,000. 5.4% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 82.6. The educational breakdown is 83.3% have a high school education or higher, 11.4% have a bachelor's degree or higher, and 7.7% have some kind of profesional degree.
This area has 695 households and the average size is 2.4 people. Individuals who are single and have never been married are 33.4%, 44.7% are now married, 1.5% are separated, 4.7% are widowed, and 15.7% are divorced. The average yearly contribution amount given by people to charity was $3,850 versus the state average of $4,443. The percent of residents who gave to charity was 17.5%.
The estimated median value of houses and condos is $152,372. The median monthly owner costs of mortgage holders was $901, where as the costs for those who don't have a mortgage are $293. The median number of rooms in houses and condos are 5.9.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $754. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,322. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $755. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $754. Reported taxable interest for persons was $564, dividends $2,327, capital gains +$1,933, and itemized deductions $19,383. The average earned income tax credit is $1,936. The percent of individuals that use a tax preparer is 51.2%. The total average income taxes paid by individuals was $5,139. Businesses reported an average profit of $7,844.
Dale's Diner
11076 W Lynchburg Salem Tpke, Montvale, VA 24122
Mamas Home Cooking
1016 Quarterwood Rd, Montvale, VA 24122
Four Sixty Grill
11268 W Lynchburg Salem Tpke, Montvale, VA 24122
Blue Ridge BBQ
3640 Blue Ridge Blvd, Blue Ridge, VA 24064 (5.6 miles away)
Pomegranate Restaurant & Gathering Place
106 Stoney Battery Rd, Troutville, VA 24175 (8.9 miles away)
North Star Restaurant
15898 Lee Hwy, Buchanan, VA 24066 (9.7 miles away)
The Q
8118 Plantation Rd, Roanoke, VA 24019 (11 miles away)
Three Li'l Pigs Barbeque
120 Kingston Dr, Daleville, VA 24083 (11.2 miles away)
Clam Diggers Seafood
109 S Bridge St, Bedford, VA 24523 (12 miles away)