Lynchburg, VA — income, home value, property tax, and sales tax.
Households in ZIP code 24556, near Lynchburg, report a median income of $87,250, while per-capita income sits at $42,456. A median home value of $399,000 pairs with a county-level effective property tax rate of 0.43%, which keeps annual property taxes lower than many homeowners elsewhere might expect. Sales tax in the area totals 5.30%, applying to everyday purchases. Together, these figures sketch a community where earnings are solid, home values are fairly high, and the tax load leans on the lighter side, giving buyers a clearer sense of what ongoing costs might look like.
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