The average Virginian is taxed at a rate of 0.74% for property, a maximum of 5.75% for income and up to 5.30% for sales. Compared to the national averages Virginia earns a score of good 👍 for property taxes, average for income taxes and good 👍 for combined local and state sales tax. Quick links to regions of Virginia with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Virginia
Virginia has approximately 8,414,380 residents. A common term for people in Virginia is "Virginian". Within this population there are around 101,515 births and 66,786 deaths per year. Approximately 76.8% of this population speaks English exclusively. Conversely, 1.2% of this population has no verbal English skill. On average, real estate listings in Virginia are on the market for 71 days. The Market Health Index for Virginia is 1.57. Virginia has one of the top ten largest income disparities between the wealthiest and poorest counties. Loudoun is the wealthiest of all counties in Virginia. The least wealthy of all counties in Virginia is Buchanan.
Daily state facts: Virginia was split during the American Civil war when 48 of its original western counties chose to remain free.
According to the Bureau of Labor Statistics, Virginia employment in December 2023 was 4,623,066, unemployment was 138,771 or 3.0% of total jobs.