Henrico, VA — income, home value, property tax, and sales tax.
ZIP code 23039, near Henrico, ranks as an affluent area, with a median household income of $156,250 and per-capita income of $76,899. Homes here carry a median value of $407,000, and the county-level effective property tax rate of 0.50% keeps annual property taxes low in dollar terms despite those higher values. A combined sales tax rate of 6.00% applies to purchases. Households earning at this level can absorb both taxes without much strain, and the gap between the area's income profile and its property tax rate means owners here keep a substantial share of what they earn.
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