Interested in purchasing investment houses in the 24571 zip code in Lynch Station, VA?
The zip code 24571 is in both Campbell and Bedford counties with a latitude of -79.379320000000 and longitude of 37.136910000000, is in the state of Virginia. The average asking price of houses and condos is $170,459.00 and the average sale price was $188,933.00. this regions is classified as the Roanoke metro area and is in the 434 area code. The location in degrees is 37° 8' 12.876" N, 79° 22' 45.552" W. The county F.I.P.S. is 51031. The total land area is 51.3 square miles and the water area is 1.3 square miles. The elevation in this area is 640 - 840 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24571 is in county number 019 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 2,335 in 2019 and 1,979 in 2010. Of this, the break down in 2019 was 125 urban and 2,209 rural. This further breaks down to 1,120 males (48.0%) and 1,214 females (52.0%). The median age of residents is 48.9 years. The population of the greater Lynchburg, VA area is 249,791. The population density (people per square mile) is 46. This zip code has a combined total of 1,203 houses and condos. There are 130 rented appartments. 14% of residents rent versus the 14% 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 $48,734 and the average salary is $42,011. The median household income of individuals is $39,556.00 and the average is $57,520.00. This zip code has a mean commute time to work of 31.5 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 62.70% (Under $50,000), 24.40% ($50,000-$100,000), and 12.90% earn over $100,000. 9.3% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 84.0. The educational breakdown is 79.3% have a high school education or higher, 19.1% have a bachelor's degree or higher, and 7.0% have some kind of profesional degree.
This area has 850 households and the average size is 2.4 people. Individuals who are single and have never been married are 26.5%, 55.1% are now married, 2.0% are separated, 8.5% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $5,076 versus the state average of $4,443. The percent of residents who gave to charity was 20.5%.
The estimated median value of houses and condos is $156,574. The median monthly owner costs of mortgage holders was $1,339, where as the costs for those who don't have a mortgage are $286. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $797. 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 $987. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $690. Reported taxable interest for persons was $782, dividends $2,381, capital gains +$580, and itemized deductions $20,670. The average earned income tax credit is $1,944. The percent of individuals that use a tax preparer is 48.2%. The total average income taxes paid by individuals was $6,745. Businesses reported an average profit of $4,440.
Peace of Pie
519 Broad St, Altavista, VA 24517 (3 miles away)
Yamazato
221 Main St, Hurt, VA 24563 (5.3 miles away)
Sportsman Restaurant
16111 Smith Mountain Lake Pkwy, Huddleston, VA 24104 (8.9 miles away)
Boondoxs
11876 Leesville Rd, Evington, VA 24550 (9.2 miles away)
Rosie's Cozy Kitchen
7943 Brookneal Hwy, Gladys, VA 24554 (12.4 miles away)
Nanny's Country Kitchen
2129 W Gretna Rd, Gretna, VA 24557 (12.7 miles away)
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