Property Tax & Income in Poquoson city, Virginia
Poquoson city has an effective property tax rate of 0.92%. On the median home value of $400,300, that's roughly $3,690 per year. Median household income is $120,972.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Poquoson city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.92% | 0.60% |
| Median home value1 | $400,300 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Poquoson city, VA
Poquoson city carries an effective property tax rate of 0.922%, which sits well above Virginia's statewide median of 0.601%. That gap places the county at 13th among the state's 133 counties for property tax rate, signaling a comparatively heavy reliance on real-estate levies. Nationally, the picture shifts somewhat: the U.S. median effective rate is 0.794%, so Poquoson still lands above average, though by a narrower margin. On a median home value of $400,300, owners pay roughly $3,690 annually. Households here earn a median of $120,972, with per-capita income at $51,194. Those income figures help offset what is, by both state and national standards, an elevated rate. Anyone considering property in Poquoson should weigh the tax bill against the area's earning levels rather than judging the rate in isolation.