ZIP comparison · Lynchburg, VA
24551 vs 24556
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 | ZIP24551Forest CDP, VA | ZIP24556VA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $427,279 | $417,643 |
| 1-year appreciation | +2.5% | Better: +3.9% |
| 5-year CAGR | +5.8% | Better: +6.7% |
| 10-year CAGR | +5.3% | Better: +5.9% |
| Rent & investment | ||
| Monthly rent | $1,457 | — |
| Gross yield | 4.1% | — |
| Cap rate | 2.5% | — |
| Property tax | ||
| Effective tax rate | 0.4% | Better: 0.3% |
| Typical annual tax | $1,848 | Better: $1,420 |
| Demographics | ||
| Population | 28,554 | 2,584 |
| Median household income | Better: $91,067 | $87,250 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +162 | +162 |
| Schools | ||
| Public schools | 5 | 1 |
| Students enrolled | 3,430 | 169 |