Richmond, VA — income, home value, property tax, and sales tax.
Households in ZIP code 23250, near Richmond, keep a 0.71% county property tax rate in mind when weighing home costs against take-home pay. On a $250,000 home, that works out to roughly $1,775 a year, or about $148 added to monthly housing expenses. Combined with a 6.00% sales tax on purchases, these two levies shape how far a paycheck stretches. Because the property rate applies at the county level, the bill stays tied to assessed value rather than fluctuating with the market. For anyone mapping out a yearly spending plan here, factoring both taxes early helps avoid surprises later.