Taxes & Insurance in Short Pump
Short Pump inherits Henrico County's tax structure directly -- a moderate 6.0% combined sales tax, a genuinely low $0.85-per-$100 property tax rate, and Virginia's statewide graduated income tax.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA real, low property tax rate inherited from Henrico County
Henrico County's real estate tax rate is $0.85 per $100 of assessed value for 2026 (per henrico-va.js, itself sourced to PropertyTaxByState.com and Ownwell) -- meaningfully below Richmond city's $1.20-per-$100 rate, and Short Pump inherits this county rate directly since it has no separate municipal tax authority of its own.
A single, straightforward combined sales tax rate
Henrico County's combined sales tax rate is 6.0%: Virginia's 4.3% state rate, plus a 1% local-option rate, plus a 0.7% regional Central Virginia transportation tax -- applied uniformly across the county, including Short Pump.
Virginia's near-flat graduated income tax
Virginia's income tax brackets (2% on the first $3,000, 3% on $3,001-$5,000, 5% on $5,001-$17,000, 5.75% above $17,000) function as a near-flat 5.75% tax for most working filers given the low $17,000 top-bracket threshold. Social Security is fully exempt; the age-65 deduction (up to $12,000 per qualifying taxpayer) phases out above $50,000 (single) / $75,000 (MFJ) federal AGI.
Homeowners insurance and hazard exposure follow the Henrico/Richmond regional baseline
Short Pump shares Henrico County's genuinely inland hazard profile -- real, low-frequency tornado risk and remnant-tropical-system flood history documented at the county and regional level -- rather than any coastal-hurricane or storm-surge exposure. See the climate topic page for the full picture.
Key takeaways
- Henrico County's $0.85-per-$100 real estate tax rate (2026) applies directly to Short Pump -- meaningfully below Richmond city's $1.20 rate.
- The county's 6.0% combined sales tax rate (4.3% state + 1% local + 0.7% regional) applies uniformly across Short Pump.
- Virginia's graduated income tax functions as a near-flat 5.75% for most working filers; Social Security is fully exempt.
- Hazard exposure is genuinely inland (tornado risk, remnant-tropical-system flooding), not coastal-hurricane risk.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Short Pump overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert