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AREA INFORMATION

Lynchburg, VA

Explore the real estate in Lynchburg, VA

Area Highlights

Lynchburg, VA residents have a median age of 29 years old, with employment highest in the administrative support and food industries.

79,767 Population

The population has increased by 1% since the year 2010.

30,278 Households

$58,241 /yr
Median Household Income

$270,725
Median Home Sale Price

17m Median Commute Time

Most people in this area drive to work.

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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

29 Median Age

Average Household Size

2.3
persons per
household

42.1%

Married Households

Community Population By Education

Bachelors Degree 23%
High School Graduate 22%
Some College 19%
Graduate Degree 17%
Some High School 10%
Associates Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 22.58% 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)
26.2% of households have children

Economics

$58,241 /yr
Median Household Income
$270,725
Median Sales Price
17 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 $50-74,999k representing 19.94% of the households.

Transportation to Work

  • Drive 80%
  • Work from Home 9%
  • Walk or Bike 8%
  • Public Transit 2%

Occupancy by Type

Owned 15,307 45%
Rented 14,971 44%
Vacant 3,721 11%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 29 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 60%
Black 27%
Hispanic 5%
Other 3%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 60%, followed by Black at 27%, Hispanic at 5%, and Other at 3%.

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
35°
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

$309,990
For sale
4 beds • 2 baths • 1 half baths • 1,660 sqft

103 Jordan Court Plan: Iris
City Of Lynchburg, VA 24501

$329,990
For sale
4 beds • 2 baths • 1 half baths • 1,900 sqft

103 Jordan Court Plan: Lily
City Of Lynchburg, VA 24501

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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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