Extended Stay in Lynchburg, VA (2024)

FAQs

What is a good salary for Lynchburg, VA? ›

How do Lynchburg prices compare to other US cities? Lynchburg is ranked 172 out of 273 cities across the US in terms of cost of living. The cost of living in Lynchburg is 91.7% of the national average.

Lynchburg is a town in Virginia with a population of 79,166. Lynchburg is in Lynchburg City County and is one of the best places to live in Virginia. Living in Lynchburg offers residents a dense suburban feel and most residents rent their homes. In Lynchburg there are a lot of parks.

Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc., a real estate investment trust and the owner of the hotels. As of 2022, there are 650+ Extended Stay America branded hotels.

If you make $75,000 a year living in the region of Virginia, USA, you will be taxed $18,601. That means that your net pay will be $56,400 per year, or $4,700 per month.

$29,700 is the 25th percentile. Salaries below this are outliers. $40,600 is the 75th percentile.

Population & Diversity

In 2022, there were 2.23 times more White (Non-Hispanic) residents (48.4k people) in Lynchburg, VA than any other race or ethnicity. There were 21.7k Black or African American (Non-Hispanic) and 2.81k Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

The American Bible Society recently ranked Lynchburg, Va., home to Liberty University, as the third most Bible-minded city in the U.S. The community is saturated in biblical teaching and opportunities to serve, with approximately 250 churches and more than 1,000 nonprofits in the area.

How far is it from Lynchburg to Virginia Beach? The distance between Lynchburg and Virginia Beach is 252 miles. The road distance is 218.6 miles.

Is Lynchburg, VA a good place to retire? ›

For retirees looking to stay active, this city has lots of scenic trails ideal for hiking or biking.

If you're talking U.S. history, Lynchburg is certainly the place to be. It's home to more than 40 sites listed on the National Register of Historic Places, and inside the Lynchburg Museum System, locals and visitors can revisit the city's past of tobacco farming, Quakers, and the Civil War.

Homewood Suites – Provides large extended stay suites with in-room kitchens, separate living areas, outdoor grills and recreational areas. Quality Inn – Offers discounted nightly rates for stays of one week or longer, with rooms that feature kitchenettes, free WiFi and laundry.

Extended Stay America competitors include Booking.com, Choice Hotels, Airbnb, Priceline.com and La Quinta Holdings.

For investors, the extended-stay sector presents a lucrative opportunity. These properties typically achieve higher occupancy rates, require less frequent guest turnover, which translates to lower operational costs and more stable revenue streams, and already shown resilience during economic downturns.