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AREA INFORMATION

24504 (Lynchburg, VA)

Explore the real estate in 24504 (Lynchburg, VA)

Area Highlights

24504 (Lynchburg, VA) residents have a median age of 37.5 years old, with employment highest in the production occupations and administrative support industries.

9,479 Population

The population has increased by 1.1% since the year 2010.

4,138 Households

$45,063 /yr
Median Household Income

$178,000
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

37.5 Median Age

Average Household Size

2.2
persons per
household

31.1%

Married Households

Community Population By Education

High School Graduate 32%
Some College 23%
Bachelors Degree 13%
Some High School 13%
Graduate Degree 10%
Associates Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.4% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24.8% of households have children

Area Schools

UG
0.6 MILES
Carl B. Hutcherson Building
6-8
1.1 MILES
C-
P. L. Dunbar Middle School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$45,063 /yr
Median Household Income
$178,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 16.96% of the households.

Transportation to Work

  • Drive 84%
  • Walk or Bike 8%
  • Public Transit 5%
  • Work from Home 4%

Occupancy by Type

Rented 2,175 43%
Owned 1,963 39%
Vacant 914 18%

White vs Blue Collar Jobs







White Collar 63%
Blue Collar 37%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 37.5 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 46%
Black 45%
Hispanic 3%
Other 1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 46%, followed by Black at 45%, Hispanic at 3%, and Other at 1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

87° July
Hottest Average Month
26° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
46°
Feb
27°
50°
Mar
34°
58°
Apr
43°
69°
May
52°
77°
Jun
60°
84°
Jul
65°
87°
Aug
63°
86°
Sep
57°
80°
Oct
45°
70°
Nov
36°
59°
Dec
28°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$89,999
For sale
7 beds • 2 baths • 1 half baths • 3,000 sqft

621&623 Gum St
Lynchburg, VA 24504

$1,170,000
For sale

501 Riverdale Drive
South Boston, VA 24504

$9,000
For sale
0.05 acres

410 H Street
Lynchburg, VA 24504

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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