ZIP comparison · Lynchburg, VA
24503 vs 24551
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP24503Lynchburg, VA | ZIP24551Forest CDP, VA |
|---|---|---|
| Home value | ||
| Typical home value | $372,846 | Better: $427,279 |
| 1-year appreciation | +2.3% | Better: +2.5% |
| 5-year CAGR | +5.4% | Better: +5.8% |
| 10-year CAGR | Better: +5.4% | +5.3% |
| Rent & investment | ||
| Monthly rent | Better: $1,353 | $1,457 |
| Gross yield | Better: 4.4% | 4.1% |
| Cap rate | Better: 2.6% | 2.5% |
| Property tax | ||
| Effective tax rate | 0.6% | Better: 0.4% |
| Typical annual tax | $2,416 | Better: $1,848 |
| Demographics | ||
| Population | 20,419 | 28,554 |
| Median household income | $89,137 | Better: $91,067 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +162 | +162 |
| Schools | ||
| Public schools | 5 | 5 |
| Students enrolled | 2,021 | 3,430 |