ZIP Code 24551

ZIP code 24551, near Lynchburg, sits comfortably in the middle-to-upper income range, with a median household income of $91,067 and per-capita income of $44,996. Homes here are valued at a median of $362,500, and the county-level property tax rate of 0.43% keeps annual tax bills comparatively contained despite those higher values. A combined sales tax rate of 5.30% applies to purchases. Together, these figures describe an area where earnings run above many parts of Virginia, home prices reflect steady demand, and the tax structure leans gently on both property owners and shoppers.