Richmond, VA — income, home value, property tax, and sales tax.
Households in ZIP code 23838, near Richmond, report a median income of $134,651, with per-capita earnings of $60,684. That income supports a median home value of $465,500, and the county-level property tax rate of 0.76% means annual property taxes land near $3,538 on such a home. Sales tax across the area totals 6.00%, so everyday purchases carry a steady cost. With earnings this high, housing and consumption taxes absorb a smaller share of the household budget than they would at lower income levels, leaving room for savings and other priorities.
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