Virginia Income Tax Calculator

Taxes in Virginia

Virginia State Tax Quick Facts

• Income tax: 2.00% - 5.75%
• Sales tax: 5.30% - 6.00%
• Property tax: 0.75% average effective rate
• Gas tax: 28 cents per gallon of regular gasoline, 28 cents per gallon of diesel

The state of Virginia has a progressive income tax, with rates ranging from 2% to a top rate of 5.75%. Of the states with a personal income tax, that top rate is slightly lower than average. The Commonwealth’s sales tax ranks near the bottom of the U.S. too. In fact, when taking into account both state and local rates, Virginia’s average of 5.75% is among the lowest in the country. Property and fuel taxes in the state are likewise lower than their respective national averages.

A financial advisor can help you understand how taxes fit into your overall financial goals. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Virginia Income Taxes

There are four tax brackets for filers in Virginia. While low earners pay lower marginal rates, the top bracket begins at just $17,000 in taxable income. This means most taxpayers in Virginia will pay the top rate of 5.75% on at least part of their income. The table below shows the tax brackets for Virginia filers.

Rates apply to Virginia taxable income, which is based on federal adjusted gross income (AGI). Federal deductions will generally match your Virginia deductions (with the exception of the deduction for state income taxes).

In Virginia, you can only claim itemized deductions if you did so on your federal return. Conversely, if you did claim itemized deductions federally, you must itemize your deductions on your Virginia return. That means you cannot claim the Virginia standard deduction of $4,500 ($9,000 for joint filers), even if your itemized deductions are less than that standard deduction.

Additionally, there are several categories of income that are taxable at the federal level, but may be subtracted from your taxable income in Virginia. Among the types of income you can subtract from your AGI to calculate taxable income are disability income, Virginia lottery prizes, Virginia college savings plan distributions and Virginia National Guard income. On the other hand, certain types of income, most notably capital gains, are taxed as regular income and must be included in your state return.

Virginia Sales Tax

The base, statewide sales tax rate of 4.3% in Virginia is combined with a statewide local rate of 1%, meaning the effective floor for sales taxes in Virginia is 5.3%. In addition to that 5.3% rate, localities in the Northern Virginia, Central Virginia and Hampton Roads regions collect a 0.70% sales tax, bringing the total in these areas to 6%. By contrast, cities in Halifax County collect a 1% sales tax, bringing the total there to 6.3%. Communities in the Historic Triangle collect a 1.7% tax, which raises the sales taxes here even further to 7%.

The table below shows the sales tax rates for the counties of Virginia. Additionally, many cities are “independent cities,” which means they are not in any county.

Virginia has a reduced 2.5% tax rate for alcoholic beverages, tobacco, prepared food, seeds and plants grown for food, as well as personal hygiene products that include diapers, bed sheets and sanitary products. Most types of medicine, including nonprescription drugs, are exempt from sales tax in Virginia.

There is one three-day sales tax holiday in Virginia, which takes places during early August. During the holiday, three different types of products, up to a certain price, may be purchased free of sales taxes:

• Hurricane preparedness equipment (up to $60 per item), portable generators (up to $1,000 per item), gas-powered chainsaws (up to $350 per item) and chainsaw accessories (up to $60 per item)
• Clothing and footwear (up to $100 per item) and school supplies (up to $20 per item)
• Energy Star or WaterSense products (up to $2,500 per item)

Virginia Property Tax

The average effective property tax rate in Virginia is 0.75%, 21st-lowest in the country. That means that, on average, Virginians pay 0.75% of their home value in property taxes each year.However, since property taxes in Virginia are assessed and collected at the local level by county and city governments, that rate varies depending on location.

If you’re looking to refinance your home or purchase a new one, take a look at our Virginia mortgage rates guide, where you’ll find information on getting a mortgage and mortgage rates in each county of Virginia.

Virginia Estate Tax

Virginia’s estate tax was repealed on July 1, 2007. Estates of decedents whose death occurred after that date are not required to file an estate tax return.

Virginia Capital Gains Tax

Capital gains (from the sale of a home, for example) in Virginia are taxed as regular income, which means they will likely face the top rate of 5.75%.

Virginia Gas Tax

The state excise tax on regular gas in Virginia is 28 cents per gallon, which is the 24th-lowest in the nation. For diesel gas, the state excise rate is 28.90 cents per gallon. 

• Eight U.S. Presidents were born in Virginia, more than any other state.
• The Virginia General Assembly, which has been in existence since 1619, is the oldest law-making body in the Americas.
• The largest city in Virginia is Virginia Beach, with about 445,000 residents.