Appalachia, VA — income, home value, property tax, and sales tax.
In ZIP code 24273, near Appalachia, homes carry a median value of $109,300, and the county's 0.58% effective property tax rate translates to roughly $634 a year in taxes on such a home. Households here earn a median of $41,978, with per-capita income at $26,618, so that annual tax bill equals about 1.5% of median household earnings. Combined with a 5.30% sales tax rate, the overall cost of living leans on paychecks that are already stretched, making the gap between local wages and even lower-priced housing a real constraint on buying power.
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