Suffolk, VA — income, home value, property tax, and sales tax.
Households in ZIP code 23438, near Suffolk, earn a median of $93,750 a year, with per-capita income at $40,501. That earnings level supports a median home value of $292,600, and the county property tax rate of 0.93% works out to roughly $2,700 annually on such a home. Add the 6.00% combined sales tax on purchases, and housing plus consumption taxes claim a meaningful share of the budget. Even so, income here comfortably exceeds what's needed to carry those costs, leaving room for savings and everyday spending beyond taxes.
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