ZIP Code 23129

In ZIP 23129, near Henrico, homes carry a median value of $745,000 while households earn a median of $142,708, and per-capita income sits at $69,126. The county's 0.50% effective property tax rate works out to roughly $3,725 annually on a median-valued home. That tab equals about 2.6% of median household income, a share that stays contained even as sales taxes run 6.00% on purchases. High home values paired with a half-percent rate keep the annual tax bill from climbing as steeply as it might elsewhere, though buyers still need substantial income to enter this market.