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Lynchburg

Learn about the people, housing, costs and businesses in Lynchburg County

Median Home$218,563
Median Rent$1,073/month
Population79,497
Leading IndustriesPublic Administration · Healthcare31% public administration
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults44% of residentstop 1% nationally
Renters51% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableHighly Educated23% bachelor's · 10% graduate · top 12% nationally
Lynchburg City
VA

Frequently Asked Questions

What are today's mortgage rates in Lynchburg?

As of today, the 30-year fixed mortgage rate for Lynchburg is approximately 7.143% (7.172% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lynchburg?

The median home value in Lynchburg is $219k. The median monthly rent is $1,073. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lynchburg?

Home values in Lynchburg have increased 16.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lynchburg?

Based on a typical all-in ownership cost of $1,045/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lynchburg is $59k/year.

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What industries drive the economy in Lynchburg?

The largest employment sectors in Lynchburg are public administration (31%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas