Interested in purchasing investment houses in the 24631 zip code in Oakwood, VA?
The zip code 24631 is in Buchanan county with a latitude of -81.991690000000 and longitude of 37.213740000000, is in the state of Virginia. The average asking price of houses and condos is $120,000.00 and the average sale price was $129,060.00. this regions is classified as the Bristol - Kingsport - Johnson City metro area and is in the 276 area code. The location in degrees is 37° 12' 49.464" N, 81° 59' 30.084" W. The county F.I.P.S. is 51027. The total land area is 50.6 square miles and the water area is 0.2 square miles. The elevation in this area is 1670 - 2293 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24631 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 2,359 in 2019 and 2,843 in 2010. This further breaks down to 1,489 males (63.1%) and 869 females (36.9%). The median age of residents is 42.9 years. The population density (people per square mile) is 47. This zip code has a combined total of 1,198 houses and condos. There are 277 rented appartments. 34% of residents rent versus the 34% 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 $44,511 and the average salary is $38,779. The median household income of individuals is $31,499.00 and the average is $41,700.00. This zip code has a mean commute time to work of 27.3 minutes. The unemployment rate is 7.2%. Income earners by percent breakdown as 71.20% (Under $50,000), 22.30% ($50,000-$100,000), and 6.40% earn over $100,000. 24.9% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.2. The educational breakdown is 77.0% have a high school education or higher, 9.1% have a bachelor's degree or higher, and 1.1% have some kind of profesional degree.
This area has 919 households and the average size is 2.3 people. Individuals who are single and have never been married are 39.6%, 41.4% are now married, 4.4% are separated, 3.4% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $4,933 versus the state average of $4,443. The percent of residents who gave to charity was 6.4%.
The estimated median value of houses and condos is $76,297. The median monthly owner costs of mortgage holders was $1,067, where as the costs for those who don't have a mortgage are $309. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $364. 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. 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 $355. Reported taxable interest for persons was $569, dividends $850, and itemized deductions $19,320. The average earned income tax credit is $1,690. The percent of individuals that use a tax preparer is 61.7%. The total average income taxes paid by individuals was $5,840. Businesses reported an average profit of $4,650.
County Line Market & Deli
9144 Garden Creek Rd, Oakwood, VA 24631
Smokes Place
Rowe, Oakwood, VA 24631
Italian Village
1090 Anchorage Cir, Vansant, VA 24656 (8 miles away)
Wing Street
109 Us Route 460 E, Grundy, VA 24614 (8.5 miles away)
Mamma MIA
45 Putnam Ct, Honaker, VA 24260 (12.2 miles away)
Roma Restaurant
385 Front St, Richlands, VA 24641 (12.9 miles away)
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