Radford, VA — income, home value, property tax, and sales tax.
In ZIP code 24142, which covers part of Radford, average per-capita income stands at $6,216 — a figure that shapes nearly every spending decision households here face. With so little coming in per person, the 5.30% combined sales tax takes a noticeable bite out of each purchase, since essentials consume most of the budget. County property taxes run at an effective rate of 0.72%, which eases the load somewhat for anyone who does own a home, though the low income level means even that smaller bill can strain finances. Day-to-day choices in this ZIP revolve around stretching limited dollars as far as they will go.