ZIP Code 24888

In ZIP code 24888, near Welch, median household income is $36,813, while per-capita income is $17,133. Homes here have a median value of $62,500, and the county-level effective property tax rate is 0.67%, so annual property taxes on such a home would run about $419. Combined with a 6.00% sales tax, housing costs and consumption taxes both shape the local cost picture. With incomes below many parts of the country, these rates matter for how far each dollar stretches for households in and around Welch.