ZIP Code 23505

Norfolk, VA — income, home value, property tax, and sales tax.

Median household income
$58,579
Per-capita income
$39,123
Median home value
$289,900
Property tax rate
1.00%
Combined sales tax
6.00%

In ZIP code 23505, part of Norfolk, homes carry a median value of $326,300, and the county's 1.00% effective property tax rate works out to roughly $3,263 a year. With median household income at $58,579, that tax bill equals about 5.6% of a typical household's annual earnings, a meaningful slice of the budget. Per-capita income sits at $39,123. Adding the 6.00% combined sales tax on purchases, homeowners here face steady claims on their paychecks alongside their mortgage, which shapes how far each dollar stretches in this part of Norfolk.

See how Norfolk, VA taxes stack up

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