ZIP Code 24872

In ZIP code 24872, near Welch, households bring in a median income of $40,293, while per-capita income sits at $27,870. Homes here carry a median value of $41,400, and the county-level property tax rate of 0.67% keeps annual housing taxes low in dollar terms. Sales tax adds 6.00% to purchases. Together, these figures sketch a local economy where earnings and home prices are both on the lower side, and the two tax rates stay below many national averages, so a household's overall cost of living leans lighter than in higher-priced markets.