Henrico, VA — income, home value, property tax, and sales tax.
In ZIP code 23233, near Henrico, homes carry a median value of $479,000, and the county-level effective property tax rate of 0.71% works out to roughly $3,400 a year for a home at that price. Households here earn a median of $125,665, with per-capita income at $66,552, so that tax bill takes up a smaller share of earnings than it would in many places. A 6.00% combined sales tax applies to purchases. The gap between what homes cost and what people earn shapes how far local incomes stretch toward ownership.
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