Virginia Tax Policy & Rates 2026
Income tax, sales tax, property tax, and overall tax burden for Virginia in 2026, with political context.
No
No Income Tax
5.75% (top)
Income Tax Rate
#21
Tax Burden Rank (1=highest)
#27
Property Tax Rank (1=highest)
Tax Policy Overview
Virginia has above-average income taxes and moderate overall tax burden. The proximity to Washington DC means many federal workers and contractors live in Virginia. Governor Youngkin has championed income tax reductions over Democratic opposition.
Key Tax Rates
| Tax Type | Rate / Status |
|---|---|
| Income Tax | 5.75% (top) |
| No Income Tax | No |
| Sales Tax | 5.3% (+local) |
| No Sales Tax | No |
| Corporate Tax | 6.0% |
| Property Tax Rank | #27 nationally (1=highest) |
| Overall Tax Burden Rank | #21 nationally (1=highest) |
Political Context
Virginia has been a battleground for tax policy with Governor Youngkin (R) pushing income tax cuts against Democratic legislative resistance. The significant federal employment base means federal tax policy (SALT, federal pay) interacts significantly with state tax concerns. Northern Virginia drives state revenues with high average incomes.