Lynchburg, Virginia is a medium-sized city with a population of 78,755 residents. Lynchburg tends to attract a younger crowd, as the median age of 29 is far below the national average. If you are not a fan of long commutes, you will enjoy living in Lynchburg. With average one way commute time of only 18 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Lynchburg, Virginia could be a fulfilling experience for anyone who puts in the time to do the research required. Using the livability score which includes data from categories like amenities, cost of living, weather, employment, housing, you can easily compare the best places to live in Lynchburg and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lynchburg to Virginia and the national average.
Using data and statistics Lynchburg has received a livability score of 75/100. This score is ranked in the 83rd percentile when compared to all other cities. Compared to the US average, Lynchburg ranks among some of the best places to live in the country! Based on the grades for each individual category, Lynchburg has received high marks for amenities (A+), cost of living (B) and education (A-). There are some categories that Lynchburg scores poorly for, including: employment (D) and housing (F). It might be worth taking a closer look to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Lynchburg has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Amazement Square, Old City Cemetery, and Point of Honor.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Lynchburg have a test score average of 65%, which is well above the US average.
Lynchburg real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lynchburg. Median real estate prices in Lynchburg come in at $149,600, which is 39.8% lower than the Virginia average. The home price to income ratio compares the median home prices to the median household income. In Lynchburg, the home price to income ratio is 3.7, which is 2.6% lower than the Virginia average. Year over year appreciation rates for homes in the Lynchburg area were 2.9% and the 5 year appreciation rates came in at 2.8%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.