Norfolk, VA — income, home value, property tax, and sales tax.
In ZIP code 23502, near Norfolk, households earn a median of $63,208, with per-capita income at $34,643. Homes here carry a median value of $266,200, and the county's 1.00% effective property tax rate means annual bills land around a few thousand dollars on a property at that price. Combined with Virginia's 6.00% sales tax on purchases, these costs shape what a household can set aside. A $63,208 income stretched across housing, taxes, and daily expenses leaves a tight but workable margin, depending on debt and family size.
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