Charlottesville, VA — income, home value, property tax, and sales tax.
ZIP code 22947, near Charlottesville, ranks as an affluent area. Median household income reaches $136,250, and per-capita income stands at $80,379, well above national averages. Homes here carry a median value of $789,200, and the county-level property tax rate of 0.75% yields a substantial annual bill on such property. A combined sales tax of 5.30% applies to purchases. Despite the high home values, that property rate stays below many Virginia localities, so the tax load, while sizable in dollar terms, is not unusually steep given the incomes reported here.
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