Interested in purchasing investment houses in the 24450 zip code in Lexington, VA?
The zip code 24450 is in both Rockbridge and City of Lexington counties with a latitude of -79.523850000000 and longitude of 37.785790000000, is in the state of Virginia. The average asking price of houses and condos is $328,376.00 and the average sale price was $170,667.00. this regions is classified as the Roanoke metro area and is in the 540 area code. The location in degrees is 37° 47' 8.844" N, 79° 31' 25.86" W. The county F.I.P.S. is 51163. This zip code contains two cities including Lexington, VA (1.22%), and East Lexington, VA (1.12%) The total land area is 205.8 square miles and the water area is 0.9 square miles. The elevation in this area is 948 - 2828 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24450 is in county number 163 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 17,326 in 2019 and 16,741 in 2010. Of this, the break down in 2019 was 8,496 urban and 8,829 rural. This further breaks down to 9,371 males (54.1%) and 7,954 females (45.9%). The median age of residents is 41.2 years. The population density (people per square mile) is 84. This zip code has a combined total of 7,278 houses and condos. There are 2,219 rented appartments. 35% of residents rent versus the 35% 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 $61,890 and the average salary is $46,101. The median household income of individuals is $43,617.00 and the average is $73,680.00. This zip code has a mean commute time to work of 21.0 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 57.30% (Under $50,000), 28.10% ($50,000-$100,000), and 14.60% earn over $100,000. 17.6% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.3. The educational breakdown is 91.5% have a high school education or higher, 40.2% have a bachelor's degree or higher, and 16.6% have some kind of profesional degree.
This area has 6,410 households and the average size is 2.3 people. Individuals who are single and have never been married are 42.5%, 40.1% are now married, 1.1% are separated, 6.0% are widowed, and 10.3% are divorced. The average yearly contribution amount given by people to charity was $6,000 versus the state average of $4,443. The percent of residents who gave to charity was 29.3%.
The estimated median value of houses and condos is $286,499. The median monthly owner costs of mortgage holders was $1,427, where as the costs for those who don't have a mortgage are $450. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,736. 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 $1,951. 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 $1,523. Reported taxable interest for persons was $1,987, dividends $10,018, capital gains +$13,117, and itemized deductions $24,419. The average earned income tax credit is $1,829. The percent of individuals that use a tax preparer is 51.9%. The total average income taxes paid by individuals was $8,092. Businesses reported an average profit of $17,019.
Rocca Bar Ristorante
30 S Main St, Lexington, VA 24450
Napa Thai
24 N Main St, Lexington, VA 24450
Sushi Bar
159 S Main St, Lexington, VA 24450
Foothills Mommas Barbeque Juke Joint
141 E Midland Trl, Lexington, VA 24450
Beameupbbq
411 Lime Kiln Rd, Lexington, VA 24450
Bistro On Main
8 N Main St, Lexington, VA 24450
Palms
101 W Nelson St, Lexington, VA 24450
Macado's
30 N Main St, Lexington, VA 24450
Lexington Motel Restaurant
810 S Main St, Lexington, VA 24450
Lexington Golf & Country Club
141 Country Club Rd, Lexington, VA 24450
Shanes Diner
19 W Washington St, Lexington, VA 24450
The Red Hen
11 E Washington St, Lexington, VA 24450
Blue Sky Bakery
125 W Nelson St, Lexington, VA 24450
Shoney's
538 E Nelson St, Lexington, VA 24450
Kenney's
635 Waddell St, Lexington, VA 24450
Niko's Grille
167 S Main St, Lexington, VA 24450
Robert E Lee Hotel & Restaurant
30 S Main St, Lexington, VA 24450
Country Cookin Restaurant
54 Comfort Way, Lexington, VA 24450
Muchacho Alegre
640 N Lee Hwy, Lexington, VA 24450
Crystal Kitchen Chinese Restaurant
1225 N Lee Hwy, Lexington, VA 24450
Nick's Italian Kitchen
1314 Magnolia Ave, Buena Vista, VA 24416 (6.7 miles away)
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