The Economy in a Can

Interactive information service for local area professionals and researchers

eCanned Summaries for Lynchburg – VA

Housing Report for Lynchburg

Lynchburg had an owner-occupied dwelling median in 2005 of $118,700, published by the American Community Survey. This value is less than the overall Virginia 2005 median home value of $212,300 and less than median home value of $167,500 across the United States during the same year.
When comparing areas across the State of Virginia, Lynchburg ranks [...]

Demographic Profile for Lynchburg, VA

The Lynchburg metropolitan statistical area (MSA) has a population that is comprised of 84.3 percent White, 13.1 percent African American, 0.6 percent Asian, and 1 percent Hispanic. This area can be considered to have a modest level of diversity, with 14.7 percent of the population being minorities. This is less than the State of Virginia [...]

Higher Education in the Lynchburg, VA Metro Area

From 2000 to 2005, the percent of male population that is highly educated has increased by 2.8 percent. By 2005, 22.8 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by [...]

Income and Poverty in Lynchburg, VA

The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $40,598, posting a 6.2 percent decline. The Lynchburg, VA MSA, in terms of percentage of decline, ranks 4 of 5 metro area in percent of decline for income levels in the State of Virginia. [...]

Lynchburg One-Year Industry Employment Change

Total One-Year Employment Decline in the Lynchburg Metro Area
The Couriers industry has lost the most employment with a total loss of 167 jobs. The declines in the Couriers industry make up 14.9 percent of the total job loss in Lynchburg, VA.
Top 5 Industries 1. Couriers (167 jobs lost)2. Building foundation and exterior contractors [...]

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