Amherst, VA — income, home value, property tax, and sales tax.
Homes around Amherst in ZIP 24521 carry a median value of $240,900, and the county-level property tax rate of 0.46% works out to roughly $1,108 a year on such a house. With median household income at $73,571 and per-capita income at $40,299, that annual tax bill amounts to about 1.5% of a typical household's earnings. Combined with a 5.30% sales tax rate, the overall cost structure leaves homeowners here with a housing market that stays within reach of local wages.
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