ZIP Code 24515

Lynchburg, VA — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$5,214
Median home value
$229,800
Property tax rate
0.79%
Combined sales tax
5.30%

ZIP code 24515, in the Lynchburg area, sits at the lower end of the economic scale, with a per-capita income of just $5,214. That figure points to a working-class or economically strained population rather than an affluent one. County-level property taxes run at an effective rate of 0.79%, and the combined sales tax rate is 5.30%. Together these rates shape daily costs for households already stretched thin. The sales tax applies to most purchases, adding up over time, while the property tax rate affects anyone who owns a home. In this Lynchburg ZIP, incomes are far below what surrounding areas often report, making both taxes a noticeable part of the financial picture.