ZIP Code 23103

ZIP code 23103, near Henrico, sits firmly in affluent territory. A median household income of $145,234 and per-capita income of $89,815 place it well above national norms, while a median home value of $611,000 reflects a high-value housing stock. The county-level effective property tax rate of 0.50% is unusually gentle for a jurisdiction of this kind, so even a six-figure home carries a comparatively contained annual tax bill. Add a combined sales tax rate of 6.00%, and the overall tax load stays restrained despite the area's wealth, letting higher earners keep a larger share of what they bring in.