Interested in purchasing investment houses in the 24614 zip code in Grundy, VA?
The zip code 24614 is in Buchanan county with a latitude of -82.064980000000 and longitude of 37.310620000000, is in the state of Virginia. The average asking price of houses and condos is $118,000.00 and the average sale price was $115,601.00. this regions is classified as the Bristol - Kingsport - Johnson City metro area and is in the 276 area code. The location in degrees is 37° 18' 38.232" N, 82° 3' 53.928" W. The county F.I.P.S. is 51027. This zip code contains two cities including Grundy, VA (3.92%), and Vansant, VA (0.71%) The total land area is 128.0 square miles and the water area is 0.4 square miles. The elevation in this area is 1408 - 2057 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24614 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 7,276 in 2019 and 8,061 in 2010. This further breaks down to 3,444 males (47.3%) and 3,832 females (52.7%). The median age of residents is 46.1 years. The population density (people per square mile) is 57. This zip code has a combined total of 4,052 houses and condos. There are 722 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 $50,830 and the average salary is $42,727. The median household income of individuals is $27,885.00 and the average is $51,510.00. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 8.1%. Income earners by percent breakdown as 73.20% (Under $50,000), 20.80% ($50,000-$100,000), and 6.00% earn over $100,000. 27.5% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 83.5. The educational breakdown is 73.8% have a high school education or higher, 18.8% have a bachelor's degree or higher, and 7.7% have some kind of profesional degree.
This area has 3,416 households and the average size is 2.4 people. Individuals who are single and have never been married are 26.4%, 49.9% are now married, 2.8% are separated, 9.5% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $6,885 versus the state average of $4,443. The percent of residents who gave to charity was 10.4%.
The estimated median value of houses and condos is $94,099. The median monthly owner costs of mortgage holders was $1,065, where as the costs for those who don't have a mortgage are $333. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $392. 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 $560. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $364. Reported taxable interest for persons was $1,559, dividends $9,122, capital gains +$10,619, and itemized deductions $23,926. The average earned income tax credit is $2,103. The percent of individuals that use a tax preparer is 69.2%. The total average income taxes paid by individuals was $8,453. Businesses reported an average profit of $11,437.
Wing Street
109 Us Route 460 E, Grundy, VA 24614
Dotsons Restaurant
24213 Riverside Dr, Grundy, VA 24614
Serendipity Cafe & Catering
1138 Walnut St, Grundy, VA 24614
El Sombrero
1144 Riverside St, Grundy, VA 24614
Peking Chinese Restaurant
1200 Plaza Dr, Grundy, VA 24614
Dotson Drive Inn
24213 Riverside Dr, Grundy, VA 24614
Vita
1051 Rosebud Rd, Grundy, VA 24614
Donut Connection
1071 Riverview St, Grundy, VA 24614
Serendipity Cafe & Catering
1138 Walnut Hollow Rd, Grundy, VA 24614
Wooden Horse Grill
10137 Hurley Rd, Hurley, VA 24620 (8.5 miles away)