Portsmouth, VA — income, home value, property tax, and sales tax.
In ZIP code 23709, part of the Portsmouth area, per-capita income stands at $30,783. County property taxes are levied at an effective rate of 1.04%, so a home's assessed value drives the annual bill directly. A $200,000 house would carry roughly $2,080 in yearly property tax at that rate — a meaningful sum against the income figure above. Sales taxes add 6.00% to purchases, trimming what's left after housing costs. Buyers weighing a move here should compare their expected mortgage payment plus property tax against local earnings, since the tax rate applies uniformly regardless of what a household brings in.