ZIP Code 24501 — Lynchburg, VA

IRS Income Data, Tax Year 2022

$42,948
Average AGI
#26,300
National Rank
#769
VA State Rank
10,960
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 24501.

$1 - $25,000
40.6%
$25,000 - $50,000
31.4%
$50,000 - $75,000
13.3%
$75,000 - $100,000
6.7%
$100,000 - $200,000
7.0%
$200,000 or more
1.0%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 4,450 $57,712,000 $12,968 40.6%
$25,000 - $50,000 3,440 $124,452,000 $36,177 31.4%
$50,000 - $75,000 1,460 $88,550,000 $60,650 13.3%
$75,000 - $100,000 730 $62,575,000 $85,719 6.7%
$100,000 - $200,000 770 $101,196,000 $131,423 7.0%
$200,000 or more 110 $36,228,000 $329,345 1.0%
Total 10,960 $470,713,000 $42,948 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Richmond, VA 94 mi $78,895 167,770
Durham, NC 96 mi $89,589 116,650
Greensboro, NC 97 mi $79,757 149,170
Winston Salem, NC 108 mi $76,581 121,590
Fredericksburg, VA 109 mi $86,388 74,330
Raleigh, NC 112 mi $116,385 255,450

Similar ZIP Codes in Virginia

ZIP Code City Avg AGI Nat. Rank
22976 Tyro $42,938 #26,304
23513 Norfolk $42,902 #26,310
24237 Dante $43,135 #26,272
24311 Atkins $43,366 #26,222
24089 Fieldale $43,690 #26,152
24265 Keokee $43,868 #26,118
24281 Rose Hill $44,041 #26,083
23605 Newport News $41,590 #26,530

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
24502 Timberlake, VA 2.2 mi $58,446 #19,625
24503 Lynchburg, VA 2.4 mi $131,529 #2,352
24504 Lynchburg, VA 3.3 mi $52,744 #22,963
24572 Madison Heights, VA 6.7 mi $57,482 #20,273
24551 Forest, VA 7.7 mi $113,206 #3,366
24588 Rustburg, VA 8.4 mi $62,442 #17,153
24536 Coleman Falls, VA 10.5 mi $66,681 #14,734
24550 Evington, VA 10.9 mi $69,239 #13,370

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.