ZIP Code 24121

In ZIP code 24121, near Lynchburg, homes carry a median value of $391,800 while households earn a median of $81,006. The county's 0.43% effective property tax rate works out to a comparatively contained annual bill on that value, which matters given how far the median home price sits above median income. Per-capita income reaches $56,696. A combined sales tax of 5.30% applies to purchases. Buyers weighing this area against higher-tax jurisdictions may find the property tax side less punishing, though the gap between home prices and earnings still shapes what local households can carry.