Living in Lynchburg, Virginia
Cost of living, income, home prices, rent and demographics of Lynchburg · Census data 2020–2024
Lynchburg has 79,497 residents with a median age of 28.6. The median household income is $57,947 (38% lower than the Virginia median), the median home value is $229,800, the median rent is $1,073/month.
Lynchburg at a glance
- Population
- 79,497
- Median age
- 28.6State: 39
- Median household income
- $57,947State: $93,170
- Median home value
- $229,800State: $383,700
- Median rent
- $1,073/moState: $1,579
- Homeowners
- 48.9%
- Bachelor's degree or higher
- 38.5%
- Average commute
- 17 min
Is Lynchburg a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 38% lower than the Virginia median; unemployment of 5.3%; a poverty rate of 18.6%.
The weather is best in May–June and September–October.
Cost of living in Lynchburg
Housing is the biggest part of the cost of living. In Lynchburg the median home value is $229,800, 31% lower than the U.S. median. Renters pay a median of $1,073 per month, which is 31% of household income. Homeowners with a mortgage pay $1,408 a month in housing costs.
Lynchburg median household income
The median household income in Lynchburg is $57,947 and the income per person is $29,937. 18.6% of residents live below the poverty line (Virginia: 9.9%).
Housing in Lynchburg: homes for sale and rent
- Housing units
- 34,208
- Owner-occupied
- 48.9%
- Renter-occupied
- 51.1%
- Vacant
- 16.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.39
Lynchburg demographics
- Population
- 79,497
- Median age
- 28.6
- Under 18
- 19.4%
- 65 and older
- 14.3%
- Households
- 28,701
- Foreign-born
- 4.8%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lynchburg ›
Education in Lynchburg
38.5% of adults 25 and older in Lynchburg have a bachelor's degree or higher (Virginia: 42.2%), and 15.5% have a graduate or professional degree.
Jobs and commute in Lynchburg
- Unemployment rate
- 5.3%State: 4.3%
- Average commute
- 17 minState: 27 min
- Work from home
- 13.9%
- Drive alone
- 68.3%
- Public transit
- 2.2%
- Walk to work
- 5.1%
- Homes with broadband
- 92.4%
Lynchburg vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lynchburg | 79,497 | $57,947 | $229,800 | $1,073 |
| Forest | 13,430 | $81,552 | $319,800 | $1,315 |
| Madison Heights | 10,266 | $60,215 | $191,300 | $871 |
| Timberlake | 12,725 | $75,657 | $235,900 | $1,083 |
| Rustburg | 1,417 | $72,950 | $263,900 | $910 |
| Concord | 1,462 | $71,058 | $227,600 | $771 |
| Amherst | 1,865 | $70,841 | $220,700 | $718 |
| Bedford | 7,724 | $70,288 | $222,500 | $828 |
| Altavista | 3,342 | $51,349 | $142,900 | $910 |
More for people moving to Lynchburg
Lynchburg ZIP code ›Weather and climate ›Living in Lynchburg: FAQ
What is the median household income in Lynchburg, VA?
The median household income in Lynchburg is $57,947, 38% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lynchburg?
The median home value in Lynchburg is $229,800, compared with $383,700 in Virginia.
How much is rent in Lynchburg?
The median gross rent in Lynchburg is $1,073 per month, about 31% of household income.
Is Lynchburg, VA a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 17 minutes. Minuses: median household income 38% lower than the Virginia median; unemployment of 5.3%; a poverty rate of 18.6%.
What is the median age in Lynchburg?
The median age in Lynchburg is 28.6 years (Virginia: 39).
How long is the commute in Lynchburg?
The average commute to work in Lynchburg is 17 minutes; 13.9% of workers work from home.
What is the unemployment rate in Lynchburg?
The unemployment rate in Lynchburg is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lynchburg?
38.5% of adults in Lynchburg have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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