Interested in purchasing investment houses in the 24426 zip code in Covington, VA?
The zip code 24426 is in both Alleghany and City of Covington counties with a latitude of -80.076540000000 and longitude of 37.768440000000, is in the state of Virginia. The average asking price of houses and condos is $286,950.00 and the average sale price was $107,048.00. this regions is classified as the Roanoke metro area and is in the 540 area code. The location in degrees is 37° 46' 6.384" N, 80° 4' 35.544" W. The county F.I.P.S. is 51005. This zip code contains three cities including Covington, VA (1.69%), Callaghan, VA (0.46%), and Low Moor, VA (0.01%) The total land area is 332.7 square miles and the water area is 2.8 square miles. The elevation in this area is 1342 - 2874 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24426 is in county number 580 and is L. Sector 17, L. Segment 64, H. Sector 64, and H. Segment 64. The population was 13,597 in 2019 and 14,329 in 2010. Of this, the break down in 2019 was 7,723 urban and 5,873 rural. This further breaks down to 6,563 males (48.3%) and 7,034 females (51.7%). The median age of residents is 45.2 years. The population density (people per square mile) is 41. This zip code has a combined total of 7,198 houses and condos. There are 1,244 rented appartments. 21% of residents rent versus the 21% 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 $44,449 and the average salary is $39,983. The median household income of individuals is $43,370.00 and the average is $49,660.00. This zip code has a mean commute time to work of 21.9 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 56.90% (Under $50,000), 33.70% ($50,000-$100,000), and 9.40% earn over $100,000. 14.4% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 76.4. The educational breakdown is 88.5% have a high school education or higher, 16.1% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 6,129 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.6%, 56.1% are now married, 2.3% are separated, 8.7% are widowed, and 10.4% are divorced. The average yearly contribution amount given by people to charity was $3,718 versus the state average of $4,443. The percent of residents who gave to charity was 13.4%.
The estimated median value of houses and condos is $117,099. The median monthly owner costs of mortgage holders was $986, where as the costs for those who don't have a mortgage are $336. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $800. 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 0.7% which amounted to an average tax amount of $805. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $799. Reported taxable interest for persons was $1,352, dividends $2,811, capital gains +$2,743, and itemized deductions $16,917. The average earned income tax credit is $2,028. The percent of individuals that use a tax preparer is 59.0%. The total average income taxes paid by individuals was $5,544. Businesses reported an average profit of $9,719.
Cat & Owl Steak & Seafood
110 Karnes Rd, Covington, VA 24426
Western Sizzlin
912 Valley Ridge Rd, Covington, VA 24426
Miyako sushi bar
1134 S Highland Ave, Covington, VA 24426
Willy Ts Bbq
401 S Monroe Ave, Covington, VA 24426
The Rail Bar & Grille
905 Valley Ridge Rd, Covington, VA 24426
James Burke House Eatery
232 W Riverside St, Covington, VA 24426
Wing Street
1128 S Highland Ave, Covington, VA 24426
Trani's Grille
333 Thacker Ave, Covington, VA 24426
Golden Arrow Plaza
709 Coleman Rd, Covington, VA 24426
The Double C Cafe
315R W Main St, Covington, VA 24426
Whitey's One Stop
2710 S Carpenter Dr, Covington, VA 24426
Mountain View Restaurant
820 E Madison St, Covington, VA 24426
D & J Family Restaurant
904 S Monroe Ave, Covington, VA 24426
Eagle Nest Restaurant
4100 Kanawha Trl, Covington, VA 24426
China House
335 Thacker Ave, Covington, VA 24426
Hong Kong Chinese Restaurant
919 S Craig Ave Ste A, Covington, VA 24426
Michael's Pizzeria & Arcade
912 Valley Ridge Rd, Covington, VA 24426
Luca Pizzeria
819 S Monroe Ave, Covington, VA 24426
Cucci Pizzeria
562 E Madison St, Covington, VA 24426
Golden Arrow Plaza
Covington, VA 24426
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