1st Advantage MortgageIn Lynchburg city, Virginia, the typical household earns $57,947 a year and the typical rent is $1,073. Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- Who lives in Lynchburg city
- What it costs to live in Lynchburg city
- Income in Lynchburg city compared with Virginia
- The Lynchburg city job picture
- Regional comparison for Lynchburg city
- Cities, towns and CDPs in Lynchburg city
- A Lynchburg city household budget, worked through
- People and households in Lynchburg city
- Before borrowing in Lynchburg city
- Steps before you apply in Lynchburg city
- Licensing and complaints for Lynchburg city
- Related local guides
- Frequently asked questions
Who lives in Lynchburg city
With an estimated 79,497 residents (ACS 2020 to 2024), Lynchburg city ranks 27th of 133 in Virginia for population. Land area is 49 square miles (2024 Gazetteer), so density runs near 1,625 per square mile. For statistical purposes it belongs to the Lynchburg, VA metro area, as delineated by the Office of Management and Budget in July 2023. Lynchburg, with about 79,497 people, is the only Census place mainly inside the county.
What it costs to live in Lynchburg city
Median gross rent, utilities included, comes to $1,073 in Lynchburg city versus $1,579 statewide. By the Census definition, 52% of Lynchburg city renters are cost-burdened. Home values center on $229,800, or 4.0 years of median income. Owners occupy 49% of homes. The median home was built in 1971, so roofs, wiring and heating systems are a common source of repair bills.
| Cost | Lynchburg city | Virginia figure | Median county, U.S. |
|---|---|---|---|
| Median gross rent | $1,073/mo | $1,579/mo | $877/mo |
| Median home value | $229,800 | $383,700 | $185,300 |
| Owners | 49% | 67% | 75% |
| Rent-burdened renters | 52% | 49% | 45% |
| Burdened owners | 23% | 25% | n/a |
| Mobile homes | 1.0% | 4.3% | n/a |
With renters making up 51% of households, many Lynchburg city borrowers have no home equity to fall back on, so the cheapest written offer on an unsecured loan matters more. High rent burdens leave little slack. If you are borrowing to consolidate, make sure the new payment is lower than the ones it replaces.
Income in Lynchburg city compared with Virginia
At $57,947, the typical Lynchburg city household income is 12% below the median U.S. county ($65,681).
| Yearly household income | Lynchburg city | Gap to Virginia |
|---|---|---|
| Under $35,000 | 30.4% | +12.5 pts |
| $35,000 to $99,999 | 42.8% | +7.5 pts |
| $100,000 to $199,999 | 21.6% | -7.5 pts |
| $200,000 or more | 5.2% | -12.4 pts |
The spread is wide: 27% of Lynchburg city households make $100,000 or more, and 30% make less than $35,000. The poverty rate is 18.6%, 9 points higher than the state's 9.9%. A household earning below the $57,947 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
The Lynchburg city job picture
Education and health care employs 31% of working residents, the largest share; arts, lodging and food service is next with 13%. Compared with Virginia, the county leans toward education and health care (31% against 22%). The survey's unemployment rate for Lynchburg city averages 5.3% over 2020 to 2024 (state: 4.3%). 5% of commuters travel 45 minutes or more each way, and 14% work from home. Only 11.6% of homes here go without a vehicle.
| Where residents work | Lynchburg city | Difference from Virginia |
|---|---|---|
| Education and health care | 31.2% | +8.9 pts |
| Arts, lodging and food service | 12.7% | +4.7 pts |
| Retail trade | 11.7% | +1.9 pts |
| Professional and administrative services | 11.0% | -5.7 pts |
| Manufacturing | 9.7% | +2.7 pts |
| Other services | 5.7% | +0.4 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Lynchburg city should have bank statements and tax returns ready.
Regional comparison for Lynchburg city
Campbell County is closest, 14 miles from center to center; the sixth, Lexington city, is 30 miles off. Income ranges from $57,833 in Buena Vista city to $84,517 in Lexington city; 5 of these neighbors top Lynchburg city's median.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Lynchburg city | - | $57,947 | $1,073/mo | 49% |
| Campbell County, VA | 14 mi | $66,165 | $891/mo | 75% |
| Amherst County, VA | 16 mi | $68,724 | $871/mo | 81% |
| Bedford County, VA | 19 mi | $78,937 | $952/mo | 85% |
| Appomattox County, VA | 21 mi | $62,853 | $855/mo | 76% |
| Buena Vista city, VA | 25 mi | $57,833 | $1,112/mo | 56% |
| Lexington city, VA | 30 mi | $84,517 | $1,081/mo | 54% |
Cities, towns and CDPs in Lynchburg city
Just one Census place, Lynchburg, lies mainly within Lynchburg city; it holds about 79,497 people. Lynchburg has no separate guide, so this county page serves it.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Lynchburg | city | 79,497 | $57,947 | $1,073 | 0 mi |
A Lynchburg city household budget, worked through
How much room does a median Lynchburg city budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- Start: $4,829 gross per month ($57,947 / 12)
- Housing at the median rent of $1,073 uses 22%
- 43% debt-to-income limit: $1,003 left for all other debt payments
Two-income households and single earners in Lynchburg city land in very different places on this math, so run it for your own budget.
People and households in Lynchburg city
38% of Lynchburg city adults 25 and older hold a bachelor's degree or more. 6.0% of residents have no health coverage.
| Residents | Lynchburg city | Virginia | Middle U.S. county |
|---|---|---|---|
| Median age | 28.6 | 39.0 | 41.5 |
| Bachelor's or higher | 38.5% | 42.2% | 22.2% |
| No high school diploma | 9.0% | 8.4% | n/a |
| No health insurance | 6.0% | 6.9% | 7.8% |
| No vehicle | 11.6% | 6.1% | 5.4% |
| Work from home | 13.9% | 18.3% | 8.7% |
| Poverty rate | 18.6% | 9.9% | 13.2% |
| Unemployment (ACS) | 5.3% | 4.3% | 4.4% |
| Trip time | Share |
|---|---|
| Under 15 min | 50.5% |
| 15 to 29 min | 37.1% |
| 30 to 44 min | 7.1% |
| 45 to 59 min | 1.1% |
| 60+ min | 4.1% |
Before borrowing in Lynchburg city
The county's numbers point to a few situations that come up often for Lynchburg city borrowers.
- Assistance before credit. With a 19% poverty rate, check no-cost options before any Lynchburg city loan.
- Tight rental budgets. With 52% of Lynchburg city renters cost-burdened, test a new payment against a lean month.
- Requirements. Lenders weigh credit history, documented income and existing debt (what to gather).
Steps before you apply in Lynchburg city
Steps that save money for Lynchburg city residents:
- Get a written quote for whatever you are paying for in Lynchburg city.
- Collect three written offers and compare APR and total repaid.
- Only work with lenders licensed for Virginia borrowers.
- Never pay a fee up front to get a loan.
Licensing and complaints for Lynchburg city
Consumer lenders serving Lynchburg city are licensed by the state, not the county; in Virginia that is the Virginia Bureau of Financial Institutions. A CFPB complaint gets forwarded to the company for a response. Statewide data and rules: Virginia guide.
Related local guides
The Virginia guide covers the whole state.
Frequently asked questions
Is Lynchburg city a high-income county?
Its $57,947 median ranks 96th of 133 Virginia counties and compares with $65,681 for the median U.S. county.
What do renters pay in Lynchburg city?
$1,073 a month at the median, about 22% of median household income.
I live in a small Lynchburg city town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Lynchburg.
Does my county matter to the questionnaire?
Only your state does. Whether you live in Lynchburg city or elsewhere in Virginia, the same rules apply.
Where can someone in Lynchburg city check a lender's license?
With the Virginia Bureau of Financial Institutions. If a lender is unlicensed or asks for a fee before funding, walk away.