Virginia tax: Overview
Income taxes in Virginia can be a bit higher than the national average for some residents. However, sales tax rates in Virginia are fairly low. Virginia's average combined state and local sales tax rate is 5.77%. The statewide median property tax rate is generally below average, too.
Virginia does not tax Social Security benefits. Railroad Retirement benefits are also exempt.
In the News: Some Virginia officials are exploring a potential new revenue stream by considering a “meals tax.” If approved, the tax would be levied on prepared foods and beverages sold in convenience stores, grocery stores, and restaurants. For more information, see Is a New ‘Meals Tax’ Coming to Virginia?
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Virginia income taxes
Virginia Income Tax Range
Income tax rates for 2024 in Virginia range from 2% to 5.75%.
Virginia Tax Breaks for Other Retirement Income
In addition, Virginia taxpayers age 65 and older can generally claim a deduction of up to $12,000. If you were born on or after January 2, 1939, the amount of the deduction is based on your income.
Virginia sales tax
Virginia's sales tax is 5.30%. The average local sales tax rate is 0.45%, making the average combined state and local rate 5.75%, according to the Tax Foundation.
- Groceries: Taxable (1.5% state rate; local rates may apply)
- Clothing: Taxable
- Motor Vehicles: Exempt from ordinary sales tax, but taxable under special 4.15% excise tax.
- Prescription Drugs: Exempt
How much is property tax in Virginia?
In Virginia, the median property tax rate is 0.87% of assessed home value, according to the Tax Foundation.
Virginia gas tax
Source: Sales Tax Handbook
Virginia tax on tobacco and alcohol
Virginia tobacco taxes
Source: Sales Tax Handbook
Virginia alcohol taxes
Source: Sales Tax Handbook
Virginia estate and inheritance taxes
Virginia has no estate or inheritance tax.