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Lynchburg Virginia Real Estate By Jennifer Hershey

Lynchburg Virginia Real Estate

Lynchburg, Virginia, is located in Lynchburg City County, of , and 157 miles SW of Washington, District of Columbia. Lynchburg has a population of 65,269.

Lynchburg Homes

Lynchburg properties pool is 25,477 residential properties including Lynchburg new homes. Median age of real estate in Lynchburg is 1962. Average Household size is 2.92 people. 2% are one bedroom homes, 23% are 2 bedroom homes, 46% are 3 bedroom homes, 22% are 4 bedroom homes, and 7% are 5+ bedroom homes.

Lynchburg Mortgage Statistics

Lynchburg mortgages vs. USA median statistics

Homes Lynchburg USA
Homes With No Mortgage 36%
30%
Homes With Mortgage 64%
70%
First Mortgage Only 46%
54%
First & Second Mortgage or HELOC 18%
16%

Lynchburg Area Real Estate Tax

Lynchburg Real estate Tax: Median Real Estate Taxes (2000) were $827 comparing to 1999 Median Family income $ 40,844. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lynchburg School District: Children make up 22.1% of Lynchburg population. Lynchburg has 14,457 under 18 years old residents, or 0.51 kids per one worker, or 0.57 kids per one household.

Lynchburg Real Estate & Lynchburg Homeownership

There are 8407.41 or 33% one person households, 8407.41 or 33% two person households, and 4076.32 or 16% three person households in Lynchburg, Virginia. Median residents age is 35.1, Senior citizens (65+) make up 10,645 or 16.3%% of Lynchburg population.

There are 28,619 workers (over 16 years of age) in Lynchburg. Of these, 89.09% drive to work. Approximately 3.12% of workers in Lynchburg take public transportation. An estimated 4.66% walk to work.

Median Lynchburg homeowner's housing expences are 17%

Crime in Lynchburg (2003), crimes per 10,000 residents per year

Type of Crime Lynchburg USA, 2003
Violent Crimes
40.91
47.5
Robberies
11.03
14.2
Aggravated Assaults
25.13
29.5
Property Crimes
366.94
358.8
Burglaries
62.97
74.0
Larceny-Thefts
279.15
241.5
Motor Vehicle Thefts
24.82
43.3

Invest in Lynchburg Properties

When making a decision about buying real estate in Lynchburg Virginia area, you should consider following statistical data:

Category Lynchburg USA
Near Medium City
-
Near Large City
Washington, District of Columbia
-
Lynchburg Zip Codes
24501, 24502, 24503, 24504
-
Lynchburg Area Codes
434
-
White population
66.63%
75.1%
African-American population
29.7%
12.3%
Asian
1.28%
3.6%
American Indian & Alaskan
0.26%
0.9%
Hispanic (of any race)
1.35%
12.5%
Median Family Income (1999)
$ 40,844%
$42,000
Population Below Poverty Level
14.35%
12.4%

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