ZIP Code 24055

ZIP code 24055, centered on Boones Mill, sits in working-class to middle-income territory, with a median household income of $45,227 and per-capita income of $29,587. Homes here carry a median value of $125,200, and the county-level property tax rate of 0.47% keeps annual bills low in dollar terms. A combined sales tax of 5.30% applies to purchases. Taken together, the area's earnings and housing values trail state and national averages, while the tax structure asks little relative to income, so residents keep more of what they earn even though wages themselves stay below broader benchmarks.