Interested in purchasing investment houses in the 24224 zip code in Castlewood, VA?
The zip code 24224 is in Russell county with a latitude of -82.281970000000 and longitude of 36.862310000000, is in the state of Virginia. The average asking price of houses and condos is $128,600.00 and the average sale price was $88,402.00. this regions is classified as the Bristol - Kingsport - Johnson City metro area and is in the 276 area code. The location in degrees is 36° 51' 44.316" N, 82° 16' 55.092" W. The county F.I.P.S. is 51167. This zip code contains two cities including Castlewood, VA (6.60%), and St. Paul, VA (0.14%) The total land area is 108.6 square miles and the water area is 0.6 square miles. The elevation in this area is 1680 - 2756 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24224 is in county number 167 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 5,929 in 2019 and 6,734 in 2010. This further breaks down to 2,902 males (48.9%) and 3,027 females (51.1%). The median age of residents is 48.9 years. The population density (people per square mile) is 55. This zip code has a combined total of 3,250 houses and condos. There are 555 rented appartments. 22% of residents rent versus the 22% 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 $40,666 and the average salary is $37,819. The median household income of individuals is $31,546.00 and the average is $44,240.00. This zip code has a mean commute time to work of 32.8 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 72.20% (Under $50,000), 21.60% ($50,000-$100,000), and 6.20% earn over $100,000. 24.8% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.4. The educational breakdown is 75.4% have a high school education or higher, 10.6% have a bachelor's degree or higher, and 2.9% have some kind of profesional degree.
This area has 2,755 households and the average size is 2.4 people. Individuals who are single and have never been married are 20.1%, 52.3% are now married, 3.5% are separated, 12.2% are widowed, and 11.9% are divorced. The average yearly contribution amount given by people to charity was $4,407 versus the state average of $4,443. The percent of residents who gave to charity was 7.4%.
The estimated median value of houses and condos is $96,974. The median monthly owner costs of mortgage holders was $903, where as the costs for those who don't have a mortgage are $275. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $556. 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 $605. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $533. Reported taxable interest for persons was $928, dividends $1,263, capital gains +$394, and itemized deductions $17,300. The average earned income tax credit is $2,165. The percent of individuals that use a tax preparer is 57.6%. The total average income taxes paid by individuals was $5,529. Businesses reported an average profit of $8,030.
Romano's II Restaurant
2 Memorial Dr, Castlewood, VA 24224
Wing Street
27 Miners Dr, Castlewood, VA 24224
Ma & Pa's Restaurant
18928 US Highway 58, Castlewood, VA 24224
El Palenque
19108 Us Highway 58, Castlewood, VA 24224
El Primo
18928 Us Highway 58, Castlewood, VA 24224
MA & Pa's Restaurant
Hwy 58, Castlewood, VA 24224
The Stone Cellar
19 Church St, Castlewood, VA 24224
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