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Economy, jobs and prices in Lynchburg, Virginia: official figures

The median household income in Lynchburg was $57,947 a year in the 2020-2024 American Community Survey (in 2024 dollars), 120th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Virginia median $93,170.

Median household income
$57,947
2020-2024
Unemployment rate (ACS)
5.3%
2020-2024
Mean travel time to work
16.8 min
2020-2024
Median gross rent (monthly)
$1,073
2020-2024
Median home value (owner-occupied)
$229,800
2020-2024
Homes occupied by their owners
48.9%
2020-2024
Households with a broadband subscription
92.4%
2020-2024

What is the per capita income in Lynchburg?

Income per resident (per capita income) in Lynchburg averaged $29,937 a year in 2020-2024, 96th lowest of 823 US cities of 50,000 or more (US: $44,673; Virginia: $50,666).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Lynchburg?

Lynchburg's Gini index of household income inequality was 0.466 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 267th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Lynchburg, Virginia?

5.3% of the civilian labor force in Lynchburg was unemployed on average over 2020-2024 (2,046 people), 398th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Virginia's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Lynchburg are working?

58.9% of Lynchburg's 65,678 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 72nd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Lynchburg have jobs?

36,335 residents of Lynchburg held civilian jobs, 55.3% of those aged 16 and over (US: 59.7%), and 329 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Lynchburg?

The largest industry group for working residents of Lynchburg was education, health care and social assistance (31.2% of employed residents), followed by arts, entertainment, recreation, accommodation and food services (12.7%) and retail trade (11.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Lynchburg work in manufacturing?

Manufacturing employed 9.7% of working residents of Lynchburg, 347th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 11.0% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Lynchburg, Virginia?

Commuters in Lynchburg took 16.8 minutes on average to get to work in 2020-2024, 40th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.1% travelled an hour or more and 50.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Lynchburg get to work?

13.9% of workers living in Lynchburg worked from home in 2020-2024, 397th highest of 823 US cities of 50,000 or more (US: 15.1%). 68.3% drove to work alone, 7.1% carpooled, 2.2% used public transport and 5.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Lynchburg, Virginia?

The median gross rent (rent plus utilities) in Lynchburg was $1,073 a month in 2020-2024, 114th lowest of 823 US cities of 50,000 or more (US: $1,413; Virginia: $1,579).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Lynchburg?

Owner-occupied homes in Lynchburg had a median value of $229,800 in 2020-2024 as estimated by their owners, 154th lowest of 823 US cities of 50,000 or more (US: $332,700; Virginia: $383,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Lynchburg?

The median home value in Lynchburg was 4.0 times the median household income, 304th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Lynchburg, Virginia own their home?

48.9% of the 28,701 occupied homes in Lynchburg were lived in by their owners in 2020-2024 and 14,674 were rented, 189th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Virginia: 67.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Lynchburg have broadband?

92.4% of households in Lynchburg had a broadband internet subscription of some type in 2020-2024, 398th lowest of 823 US cities of 50,000 or more (US: 91.0%; Virginia: 91.0%).

Source: U.S. Census Bureau · saved copy

How many households in Lynchburg have no internet?

6.4% of households in Lynchburg (1,849) had no internet access at home in 2020-2024, 242nd highest of 823 US cities of 50,000 or more (US: 6.5%); 11.4% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Lynchburg compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Lynchburg ranks 704 of 823, highest first.

RankCityMedian household income (2024 dollars)
701Schenectady$58,399
702Columbus$58,073
703St. Joseph$57,956
704Lynchburg$57,947
705Racine$57,740
706Hemet$57,719
707Jacksonville$57,697
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Lynchburg ranks 728 of 823, highest first.

RankCityPer capita income (2024 dollars)
725Gainesville$30,051
726Baytown$29,957
727El Paso$29,956
728Lynchburg$29,937
729Mesquite$29,877
730Moreno Valley$29,872
731Salinas$29,650
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Lynchburg ranks 267 of 823, highest first.

RankCityGini index of household income inequality
264Laguna Niguel0.467
265Jacksonville0.466
266Mishawaka0.466
267Lynchburg0.466
268Springfield0.466
269Brownsville0.466
270Missoula0.466
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Lynchburg ranks 398 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
395Thousand Oaks5.4%
396Malden5.4%
397Medford5.3%
398Lynchburg5.3%
399Daly City5.3%
400San Leandro5.3%
401Pasco5.3%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Lynchburg ranks 752 of 823, highest first.

RankCityLabor force participation rate (16 and over)
749Stillwater59.0%
750Port St. Lucie59.0%
751Decatur59.0%
752Lynchburg58.9%
753Springfield58.9%
754Pico Rivera58.9%
755Gulfport58.9%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Lynchburg ranks 784 of 823, highest first.

RankCityMean travel time to work (minutes)
781Sioux Falls17.0
782St. Joseph17.0
783Grand Island16.9
784Lynchburg16.8
785Fort Smith16.8
786Bloomington16.8
787Redding16.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Lynchburg ranks 397 of 823, highest first.

RankCityWorkers who worked from home
394Hayward13.9%
395Escondido13.9%
396Des Plaines13.9%
397Lynchburg13.9%
398Greensboro13.8%
399Fort Myers13.8%
400Tucson13.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Lynchburg ranks 233 of 823, highest first.

RankCityWorkers commuting by public transportation
230Kalamazoo2.3%
231Danbury2.3%
232Erie2.3%
233Lynchburg2.2%
234Santa Monica2.2%
235Milpitas2.2%
236Lafayette2.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Lynchburg ranks 347 of 823, highest first.

RankCityEmployed residents working in manufacturing
344Tulsa9.7%
345Santee9.7%
346Johnson City9.7%
347Lynchburg9.7%
348Plainfield9.7%
349Albany9.7%
350Milford9.7%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Lynchburg ranks 51 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
48Eugene31.5%
49East Orange31.3%
50Bethlehem31.3%
51Lynchburg31.2%
52Waltham31.2%
53Buffalo31.1%
54Tuscaloosa31.0%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Lynchburg ranks 710 of 823, highest first.

RankCityMedian gross rent per month
707Idaho Falls$1,075
708Detroit$1,074
709El Paso$1,073
710Lynchburg$1,073
711Springdale$1,071
712Mishawaka$1,070
713North Little Rock$1,069
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Lynchburg ranks 670 of 823, highest first.

RankCityMedian value of owner-occupied homes
667Cincinnati$230,900
668Lawrence$230,100
669Yuma$230,000
670Lynchburg$229,800
671Baltimore$229,600
672Largo$229,100
673Hartford$228,600
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Lynchburg ranks 517 of 820, highest first.

RankCityMedian home value as a multiple of median household income
514Valdosta4.0x
515Greensboro4.0x
516Chesapeake4.0x
517Lynchburg4.0x
518Cedar Park4.0x
519Holly Springs4.0x
520New Braunfels3.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Lynchburg ranks 635 of 823, highest first.

RankCityOccupied homes lived in by their owners
632Rocky Mount49.0%
633Everett49.0%
634Urban Honolulu48.9%
635Lynchburg48.9%
636Gardena48.8%
637Stamford48.8%
638Tustin48.8%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Lynchburg ranks 426 of 823, highest first.

RankCityHouseholds with a broadband subscription
423Bristol92.4%
424Arlington92.4%
425Bayonne92.4%
426Lynchburg92.4%
427Caldwell92.4%
428Pensacola92.4%
429Casper92.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Lynchburg ranks 242 of 823, highest first.

RankCityHouseholds with no internet access
239Stonecrest6.5%
240Danbury6.5%
241Suffolk6.4%
242Lynchburg6.4%
243Parma6.4%
244Hempstead6.4%
245Johnson City6.4%
Source: U.S. Census Bureau · saved copy

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Sources

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