ZIP Code 24504 — Lynchburg, VA

IRS Income Data, Tax Year 2022

$52,744
Average AGI
#22,963
National Rank
#660
VA State Rank
4,180
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 24504.

$1 - $25,000
37.1%
$25,000 - $50,000
28.5%
$50,000 - $75,000
13.9%
$75,000 - $100,000
7.4%
$100,000 - $200,000
10.8%
$200,000 or more
2.4%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,550 $20,431,000 $13,181 37.1%
$25,000 - $50,000 1,190 $42,866,000 $36,021 28.5%
$50,000 - $75,000 580 $35,131,000 $60,570 13.9%
$75,000 - $100,000 310 $27,051,000 $87,261 7.4%
$100,000 - $200,000 450 $60,954,000 $135,453 10.8%
$200,000 or more 100 $34,038,000 $340,380 2.4%
Total 4,180 $220,471,000 $52,744 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Richmond, VA 91 mi $78,895 167,770
Durham, NC 97 mi $89,589 116,650
Greensboro, NC 99 mi $79,757 149,170
Fredericksburg, VA 106 mi $86,388 74,330
Winston Salem, NC 111 mi $76,581 121,590
Raleigh, NC 113 mi $116,385 255,450

Similar ZIP Codes in Virginia

ZIP Code City Avg AGI Nat. Rank
23964 Red Oak $52,722 #22,973
23223 Richmond $52,811 #22,928
23860 Hopewell $52,634 #23,009
24112 Martinsville $52,868 #22,894
23123 New Canton $52,556 #23,047
24076 Claudville $52,935 #22,869
24589 Scottsburg $52,523 #23,062
23410 Melfa $52,521 #23,064

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
24501 Lynchburg, VA 3.3 mi $42,948 #26,300
24503 Lynchburg, VA 4.6 mi $131,529 #2,352
24572 Madison Heights, VA 4.9 mi $57,482 #20,273
24502 Timberlake, VA 5.3 mi $58,446 #19,625
24588 Rustburg, VA 8.6 mi $62,442 #17,153
24551 Forest, VA 10.9 mi $113,206 #3,366
24574 Monroe, VA 11.6 mi $69,282 #13,347
24536 Coleman Falls, VA 11.7 mi $66,681 #14,734

About This Data

Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 792 ZIP codes in Virginia and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.