ZIP Code 24862

Households in the 24862 ZIP code, near Welch, bring in a median income of $30,389, with per-capita earnings of $17,370. That income level shapes how far each dollar stretches: county property taxes run at an effective rate of 0.67%, and the combined sales tax sits at 6.00%. Together these rates draw on a tighter earnings base, so everyday purchases and any owned property both carry a noticeable share of the household budget. With roughly $17,370 spread across each person, spending decisions here tend to be deliberate, and the tax structure adds a steady cost that families weigh against regular expenses.