ZIP Code 24501

In ZIP code 24501, near Altavista, homes carry a median value of $174,900 while the county-level effective property tax rate sits at 0.45%, yielding an annual tax bill of roughly $787. With median household income at $42,222, that levy absorbs close to 1.9% of yearly earnings, and per-capita income of $24,047 makes the figure steeper still for individual earners. A combined sales tax of 5.30% adds further cost to everyday purchases. Ownership here hinges less on the tax rate itself, which is low, than on how far local wages stretch against a six-figure mortgage.