Suffolk, VA — income, home value, property tax, and sales tax.
In ZIP code 23437, near Suffolk, homes carry a median value of $323,800, and the county's 0.93% effective property tax rate works out to roughly $3,011 a year on such a home. With median household income at $80,833, that tax bill absorbs about 3.7% of annual earnings — a share many households can absorb without straining other priorities. Per-capita income sits at $40,942. A 6.00% combined sales tax applies to purchases. Buyers weighing this area against higher-rate jurisdictions may find the property tax side of ownership here less daunting than the sticker price alone suggests.
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