Virginia Tax Overview
Virginia has a four-bracket progressive income tax with a top rate of 5.75% on income over $17,000, meaning most workers effectively pay near the top rate. The state has not updated its bracket thresholds in decades despite inflation. Virginia does not tax Social Security benefits and offers additional deductions for elderly and disabled residents.
Virginia Tax Quick Facts (2026)
| Income Tax | progressive (top rate: 5.8%) |
| Sales Tax (State) | 5.30% |
| Property Tax (Avg Effective) | 0.82% |
| Median Household Income | $87,249 |
| Capital | Richmond |
| Population | 8.6 million |
Virginia Income Tax Brackets (2026)
| Income Range | Tax Rate |
|---|---|
| $0 — $3,000 | 2.00% |
| $3,000 — $5,000 | 3.00% |
| $5,000 — $17,000 | 5.00% |
| $17,000+ | 5.75% |
Frequently Asked Questions About Virginia Taxes
Does Virginia have a state income tax?+
Yes, Virginia has a progressive income tax system with a top marginal rate of 5.8%.
What is the property tax rate in Virginia?+
The average effective property tax rate in Virginia is approximately 0.82% of assessed home value. On a $300,000 home, that is about $2,460 per year.
What is the sales tax rate in Virginia?+
The state sales tax rate in Virginia is 5.30%. Local jurisdictions may add additional sales tax.
What is the median household income in Virginia?+
The median household income in Virginia is approximately $87,249 per year.
How does Virginia's tax burden compare to other states?+
Virginia's total tax burden depends on income tax, property tax, and sales tax combined. Use the calculator above to compare your specific situation.
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James Whitfield, CPA, MST
James Whitfield is a Certified Public Accountant with a Master of Science in Taxation. He specializes in US federal and state tax calculations and ensures all tax-related tools meet current IRS guidelines. Last updated: April 2026. Uses 2026 tax year data from state revenue departments and IRS publications.