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Lynchburg Housing, Costs

Monthly Lynchburg housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

13,725

100.0%

 

 

 

With a mortgage

8,727

63.6%

Less than $200 monthly

19

0.2%

$200 - $299 monthly

147

1.7%

$300 - $399 monthly

336

3.9%

$400 - $499 monthly

735

8.4%

$500 - $599 monthly

924

10.6%

$600 - $699 monthly

1,126

12.9%

$700 - $799 monthly

1,071

12.3%

$800 - $899 monthly

930

10.7%

$900 - $999 monthly

764

8.8%

$1,000 - $1,499 monthly

1,782

20.4%

$1,500 - $1,999 monthly

620

7.1%

$2,000 - $2,499 monthly

186

2.1%

$2,500 - $2,999 monthly

33

0.4%

$3,000 or more monthly

54

0.6%

Median in dollars

801

 

 

 

 

Without a mortgage

4,998

36.4%

Less than $100 monthly

157

3.1%

$100 - $149 monthly

437

8.7%

$150 - $199 monthly

897

17.9%

$200 - $249 monthly

1,394

27.9%

$250 - $299 monthly

835

16.7%

$300 - $399 monthly

754

15.1%

$400 - $499 monthly

270

5.4%

$500 - $699 monthly

185

3.7%

$700 or more monthly

69

1.4%

Median in dollars

236

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

8,727

63.6%

Less than 20%

4,067

46.6%

20 - 24%

1,549

17.7%

25 - 29%

903

10.3%

30 - 34%

562

6.4%

35% or more

1,572

18.0%

Not computed

74

0.8%

Median

20.8%

 

 

 

 

Without a mortgage

4,998

36.4%

Less than 20%

4,023

80.5%

20 - 24%

372

7.4%

25 - 29%

175

3.5%

30 - 34%

99

2.0%

35% or more

232

4.6%

Not computed

97

1.9%

Median

10.0%

 





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