ZIP Code 24523

ZIP code 24523, near Lynchburg, sits in middle-income territory, with a median household income of $73,957 and per-capita income of $34,838. Homes here carry a median value of $239,800, and the county-level effective property tax rate is 0.43%, so annual property taxes stay low against that value. The combined sales tax rate of 5.30% applies to purchases in the area. Together, these figures point to a working- to middle-income community where housing costs and tax rates are subdued compared with many parts of Virginia, though incomes remain below what higher-cost markets typically show.