Lynchburg, VA 24502 has a population of approximately 46,070 and experiences a population change rate of 41.08%. The population density is 1,659.5 / sq mi .
Lynchburg, VA 24502 has a population of approximately 46,070 and experiences a population change rate of 41.08%. The population density is 1,659.5 / sq mi .
The median household income for Lynchburg, VA 24502 is $58,360, with 16,688 households and an average household size of 2.39.
The median value of a home in Lynchburg, VA 24502 is $227,900 with an appreciation rate of 17.90%. 47.03% of housing in the state is owned while 43.47% is rented.
The cost of living in Lynchburg, VA 24502 is 90.7 %.
The unemployment rate in Lynchburg, VA 24502 is 3.30%, and recent job growth is at 3.24%. Future job growth is projected at 40.13%.
The sales tax rate in Lynchburg, VA 24502 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Lynchburg, VA 24502 are $13,762, and the school ratio is 12.4:1.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 42 inches per year, with 13.4 inches of snow per year.