Interested in purchasing investment houses in the 24572 zip code in Madison Heights, VA?
The zip code 24572 is in Amherst county with a latitude of -79.096500000000 and longitude of 37.463620000000, is in the state of Virginia. The average asking price of houses and condos is $170,581.00 and the average sale price was $119,640.00. this regions is classified as the Roanoke metro area and is in the 434 area code. The location in degrees is 37° 27' 49.032" N, 79° 5' 47.4" W. The county F.I.P.S. is 51009. The total land area is 63.9 square miles and the water area is 2.0 square miles. The elevation in this area is 525 - 1109 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24572 is in county number 009 and is L. Sector 00, L. Segment 21, H. Sector 29, and H. Segment 29. The population was 16,873 in 2019 and 16,395 in 2010. Of this, the break down in 2019 was 10,062 urban and 6,810 rural. This further breaks down to 8,038 males (47.6%) and 8,834 females (52.4%). The median age of residents is 43.8 years. The population of the greater Lynchburg, VA area is 249,791. The population density (people per square mile) is 264. This zip code has a combined total of 7,142 houses and condos. There are 1,686 rented appartments. 25% of residents rent versus the 25% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $41,470 and the average salary is $38,036. The median household income of individuals is $44,329.00 and the average is $48,790.00. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 56.50% (Under $50,000), 33.90% ($50,000-$100,000), and 9.70% earn over $100,000. 14.2% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 85.8% have a high school education or higher, 17.8% have a bachelor's degree or higher, and 5.7% have some kind of profesional degree.
This area has 6,511 households and the average size is 2.6 people. Individuals who are single and have never been married are 28.1%, 50.4% are now married, 2.6% are separated, 6.9% are widowed, and 12.0% are divorced. The average yearly contribution amount given by people to charity was $4,082 versus the state average of $4,443. The percent of residents who gave to charity was 19.7%.
The estimated median value of houses and condos is $158,675. The median monthly owner costs of mortgage holders was $1,078, where as the costs for those who don't have a mortgage are $323. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $842. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,322. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $918. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $730. Reported taxable interest for persons was $998, dividends $2,494, capital gains +$2,102, and itemized deductions $17,002. The average earned income tax credit is $2,266. The percent of individuals that use a tax preparer is 42.7%. The total average income taxes paid by individuals was $4,720. Businesses reported an average profit of $5,991.
Bennie's Seafood
4133 S Amherst Hwy, Madison Heights, VA 24572
Silver Pig Barbecue
4835 S Amherst Hwy, Madison Heights, VA 24572
Jt's Grill
4154 S Amherst Hwy, Madison Heights, VA 24572
Wing Street
4206 S Amherst Hwy, Madison Heights, VA 24572
Merredith's Restaurant
1558 Dixie Airport Rd, Madison Heights, VA 24572
La Carreta Mexican Restaurant
131 Lakeview Dr, Madison Heights, VA 24572
Biscuitville
4764 S Amherst Hwy, Madison Heights, VA 24572
Panda Ho Panda House
4535 S Amherst Hwy, Madison Heights, VA 24572
China Wall
302 Amelon Sq, Madison Heights, VA 24572
Ollie
161 Madison Heights Sq, Madison Heights, VA 24572
Cavalier Restaurant Equipment
151 Lakeview Dr, Madison Heights, VA 24572
The Sweet Spot
4133 S Amherst Hwy, Madison Heights, VA 24572
The Old 97
4154 S Amherst Hwy, Madison Heights, VA 24572
New Yamazato
228 Amelon Sq, Madison Heights, VA 24572
The Bean Barn
4555 S Amherst Hwy, Madison Heights, VA 24572
China Wall
4047 S Amherst Hwy, Madison Heights, VA 24572
Mickey's Sport Cafe
494 Old Wright Shop Rd, Madison Heights, VA 24572
Dudley's Family Style Restaurant
4614 S Amherst Hwy, Madison Heights, VA 24572
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