Interested in purchasing investment houses in the 24551 zip code in Forest, VA?
The zip code 24551 is in both Bedford and Campbell counties with a latitude of -79.323680000000 and longitude of 37.356030000000, is in the state of Virginia. The average asking price of houses and condos is $309,799.00 and the average sale price was $247,325.00. this regions is classified as the Roanoke metro area and is in the 434 area code. The location in degrees is 37° 21' 21.708" N, 79° 19' 25.248" W. The county F.I.P.S. is 51019. This zip code contains three cities including Forest, VA (18.47%), Timberlake, VA (2.56%), and Lynchburg, VA (0.62%) The total land area is 68.1 square miles and the water area is 0.4 square miles. The elevation in this area is 666 - 1381 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24551 is in county number 031 and is L. Sector 12, L. Segment 26, H. Sector 26, and H. Segment 26. The population was 25,904 in 2019 and 20,667 in 2010. Of this, the break down in 2019 was 15,754 urban and 10,149 rural. This further breaks down to 12,575 males (48.5%) and 13,329 females (51.5%). The median age of residents is 41.7 years. The population of the greater Lynchburg, VA area is 249,791. The population density (people per square mile) is 380. This zip code has a combined total of 10,076 houses and condos. There are 2,034 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 middle class. The average individual gross adjusted income is $76,699 and the average salary is $63,600. The median household income of individuals is $66,076.00 and the average is $85,860.00. This zip code has a mean commute time to work of 21.8 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 34.80% (Under $50,000), 38.30% ($50,000-$100,000), and 26.90% earn over $100,000. 5.0% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 84.8. The educational breakdown is 97.3% have a high school education or higher, 48.7% have a bachelor's degree or higher, and 20.1% have some kind of profesional degree.
This area has 7,848 households and the average size is 2.7 people. Individuals who are single and have never been married are 23.6%, 63.0% are now married, 1.2% are separated, 4.0% are widowed, and 8.3% are divorced. The average yearly contribution amount given by people to charity was $6,446 versus the state average of $4,443. The percent of residents who gave to charity was 39.2%.
The estimated median value of houses and condos is $283,514. The median monthly owner costs of mortgage holders was $1,570, where as the costs for those who don't have a mortgage are $397. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,344. 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 $1,372. 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 $1,302. Reported taxable interest for persons was $1,800, dividends $4,115, capital gains +$9,985, and itemized deductions $24,492. The average earned income tax credit is $1,852. The percent of individuals that use a tax preparer is 45.7%. The total average income taxes paid by individuals was $8,002. Businesses reported an average profit of $11,754.
Sawa Japanese Steakhouse
14595 Forest Rd, Forest, VA 24551
Bulls Steakhouse
1887 Graves Mill Rd, Forest, VA 24551
New London Steak House
4312 New London Rd, Forest, VA 24551
Lori's Italian Grill & Pizzeria
1208 Perrowville Rd Ste A, Forest, VA 24551
Graziano's Italian Restaurant
14805 Forest Rd, Forest, VA 24551
Koto Japanese Steakhouse
17928 Forest Rd, Forest, VA 24551
Izakaya Japanese Food & Sushi
17928 Forest Rd, Forest, VA 24551
Blue Ridge BBQ & Catering
18013 Forest Rd, Forest, VA 24551
Benjamin's Restaurant
14900 Forest Rd, Forest, VA 24551
Simply Vanilla Gourmet Cheesecakes
1381 Crossings Center Dr, Forest, VA 24551
Fiesta Tapatia Mexican Restaurant
17860 Forest Rd, Forest, VA 24551
Mi Patron
1208 Perrowville Rd, Forest, VA 24551
La Taqueria Mexican Grill
18243 Forest Rd Ste 8, Forest, VA 24551
Pho 1
18396 Forest Rd, Forest, VA 24551
La Carreta
14575 Forest Rd, Forest, VA 24551
Beijing Restaurant
12130 E Lynchburg Salem Tpke Ste 6, Forest, VA 24551
Trust Chinese Restaurant
1200 Forest Edge Dr, Forest, VA 24551
Monkee Joes
1190 Perrowville Rd, Forest, VA 24551
County Line Mini Mall & Cafe
20677 Lynchburg Hwy Flea Market Mini Mall, Forest, VA 24551
Rodney's BBQ, Ribs & Steaks
2200 Graves Mill Rd, Forest, VA 24551
Ty Thai Cuisine
112 Tradewynd Dr, Lynchburg, VA 24502 (4.6 miles away)
Boondoxs
11876 Leesville Rd, Evington, VA 24550 (5.9 miles away)
Outback Steakhouse
3121 Albert Lankford Dr, Lynchburg, VA 24501 (6.9 miles away)
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