ZIP Code 24815

ZIP code 24815, centered on Welch, sits in working-class economic territory. Per-capita income of $19,547 falls well below statewide norms, and a median home value of just $24,000 reflects a housing stock that carries little market premium. Property taxes stay contained at a 0.67% effective rate, applied at the county level, so annual bills on a home at that median run only into the low hundreds of dollars. Sales tax comes to 6.00% combined, a midrange figure that adds a steady cost to everyday purchases. Incomes here are lean, but so are property tax obligations.