Interested in purchasing investment houses in the 24523 zip code in Bedford, VA?
The zip code 24523 is in both Bedford and City of Bedford counties with a latitude of -79.522100000000 and longitude of 37.340030000000, is in the state of Virginia. The average asking price of houses and condos is $229,000.00 and the average sale price was $125,000.00. this regions is classified as the Roanoke metro area and is in the 540 area code. The location in degrees is 37° 20' 24.108" N, 79° 31' 19.56" W. The county F.I.P.S. is 51019. The total land area is 225.3 square miles and the water area is 0.7 square miles. The elevation in this area is 679 - 2868 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24523 is in county number 019 and is L. Sector 37, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 19,926 in 2019 and 18,952 in 2010. Of this, the break down in 2019 was 7,466 urban and 12,459 rural. This further breaks down to 9,443 males (47.4%) and 10,482 females (52.6%). The median age of residents is 47.3 years. The population of the greater Lynchburg, VA area is 249,791. The population density (people per square mile) is 88. This zip code has a combined total of 9,182 houses and condos. There are 2,155 rented appartments. 27% of residents rent versus the 27% 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 $43,915 and the average salary is $38,392. The median household income of individuals is $41,071.00 and the average is $51,220.00. This zip code has a mean commute time to work of 25.6 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 59.40% (Under $50,000), 30.30% ($50,000-$100,000), and 10.30% earn over $100,000. 13.6% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 85.1. The educational breakdown is 85.6% have a high school education or higher, 20.4% have a bachelor's degree or higher, and 7.7% have some kind of profesional degree.
This area has 7,865 households and the average size is 2.4 people. Individuals who are single and have never been married are 27.1%, 53.1% are now married, 1.8% are separated, 8.3% are widowed, and 9.7% are divorced. The average yearly contribution amount given by people to charity was $4,359 versus the state average of $4,443. The percent of residents who gave to charity was 19.9%.
The estimated median value of houses and condos is $188,088. The median monthly owner costs of mortgage holders was $1,129, where as the costs for those who don't have a mortgage are $339. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $954. 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 $983. 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 $931. Reported taxable interest for persons was $1,595, dividends $3,275, capital gains +$4,144, and itemized deductions $19,237. The average earned income tax credit is $2,176. The percent of individuals that use a tax preparer is 51.4%. The total average income taxes paid by individuals was $5,309. Businesses reported an average profit of $7,867.
Clam Diggers Seafood
109 S Bridge St, Bedford, VA 24523
Lori's Italian Grill & Pizzer
401 E Main St, Bedford, VA 24523
Bella Italian Restaurant
401 E Main St, Bedford, VA 24523
Beverly's Country Kitchen
8123 Moneta Rd, Bedford, VA 24523
Fat Daddy's Barbeque
1057 Hull St, Bedford, VA 24523
Olde Liberty Station
515 Bedford Ave, Bedford, VA 24523
Millstone Tea Room
9058 Big Island Hwy, Bedford, VA 24523
Bedford Social Club
124 S Bridge St, Bedford, VA 24523
Fishers Restaurant & Catering
503 4th St, Bedford, VA 24523
Peaks of Otter Lodge
85554 Blue Ridge Pkwy, Bedford, VA 24523
Bedford Country Store
115 N Bridge St, Bedford, VA 24523
Town Kitchen & Provisions
309 N Bridge St, Bedford, VA 24523
Dq
1502 Longwood Ave, Bedford, VA 24523
Marcella's Restaurant
8123 Moneta Rd, Bedford, VA 24523
Forks Country Restaurant
1619 Forest Rd, Bedford, VA 24523
Don Juan Mexican Bar & Grill
919 Blue Ridge Ave, Bedford, VA 24523
El Cazador
1600 Shady Knoll Ave, Bedford, VA 24523
China Taste
1128 E Lynchburg Salem Tpke Ste 1050, Bedford, VA 24523
Double Dragon
556 Blue Ridge Ave, Bedford, VA 24523
Sub Shop
302 Court St, Bedford, VA 24523
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