ZIP Code 22701

In ZIP 22701, which covers Culpeper, homes carry a median value of $396,800 while the county-level effective property tax rate sits at 0.52%. That combination yields an annual property tax bill of roughly $2,063. With median household income at $97,892 and per-capita income at $41,581, the tax equals about 2.1% of a typical household's yearly earnings. A 5.30% combined sales tax applies to purchases in the area. The gap between median home value and median household income is roughly four to one, so buying here requires substantial earnings or equity, though ongoing property taxes stay contained.