ZIP Code 24831

With a median household income of $57,652, ZIP code 24831 sits in working-class to middle-income territory, well below what affluent areas command. Per-capita income lands at just $15,727, indicating earnings spread across a fairly large number of people per household. The county-level effective property tax rate of 0.67% keeps annual property taxes on the lower end, though that partly reflects lower home values around Welch. Sales tax comes in at 6.00% combined, a rate shoppers here pay on everyday purchases. Together these figures describe a community where wages are earned rather than invested, and where the tax load stays comparatively gentle on property but still applies at the register.