Lynchburg, VA — income, home value, property tax, and sales tax.
ZIP code 24571, near Lynchburg, sits in working-class territory, with a median household income of $32,218 and per-capita income of $22,267. Homes here carry a median value of $169,200, and the county-level effective property tax rate of 0.45% keeps annual property taxes on such a home near $760. A combined sales tax rate of 5.30% applies to purchases. Household earnings trail both state and national medians by a wide margin, so everyday costs weigh heavily even though the property tax rate itself stays below many Virginia jurisdictions.
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