Palmyra, VA — income, home value, property tax, and sales tax.
Palmyra's 22963 ZIP code sits in comfortably middle-to-upper-income territory, with a median household income of $104,259 and per-capita income of $50,971. Homes here carry a median value of $327,900, and the county-level property tax rate of 0.63% keeps annual tax bills on such a home under roughly $2,100. Add a combined sales tax of 5.30%, and the overall tax picture stays fairly restrained against those earnings. This is not a working-class enclave or a wealthy one; it reads as an established, well-paid area where incomes and home values move together and taxation takes a measured share rather than a heavy one.
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