Portsmouth, VA — income, home value, property tax, and sales tax.
In ZIP code 23704, which covers part of Portsmouth, households earn a median of $49,583, while per-capita income reaches $33,101. A home here carries a median value of $230,300, and county property taxes run at an effective rate of 1.04 percent of that value. Shoppers also pay a combined 6.00 percent sales tax on purchases. Together, these figures sketch the financial terrain: incomes that sit below the home prices in the area, a yearly property tax bill tied to ownership, and a sales tax that applies across everyday spending.
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