ZIP comparison · Lynchburg, VA
24538 vs 24550
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 | ZIP24538Concord CDP, VA | ZIP24550Timberlake CDP, VA |
|---|---|---|
| Home value | ||
| Typical home value | $288,815 | Better: $292,409 |
| 1-year appreciation | Better: +5.6% | +1.9% |
| 5-year CAGR | Better: +6.8% | +5.6% |
| 10-year CAGR | Better: +6.3% | +5.7% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 0.5% | Better: 0.4% |
| Typical annual tax | $1,557 | Better: $1,261 |
| Demographics | ||
| Population | 4,867 | 8,190 |
| Median household income | Better: $71,224 | $69,025 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very Low | Very Low |
| Net migration | +259 | +259 |
| Schools | ||
| Public schools | 1 | — |
| Students enrolled | 412 | — |