Local Tax Rates

Current Local Nominal Tax Rates

2021 Tax Rates

  • Real Estate
    • $0.79 for every $100
    • 100% of Fair Market
  • Personal Property
    • $2.71 for every $100
    • 100% of J.D. Power Used Car Guide (NADA) for vehicles
  • Manufacturing Machinery
    • $1.80 for every $100 at 50% of the original capitalized cost for first 5 years
    • 42% thereafter
  • Mobile Homes
    • $0.79 for every $100 assessed value
  • Prepared Food / Meals Tax: 4%
  • Public Utilities: $0.79 for every $100 assessed value
  • Transient Occupancy Tax: 7%

Current State Tax Rates

  • Corporate Income: 6% of the corporation's Virginia taxable income
  • Individual Income: 
    • 2%: $3,000
    • 3%: 3,001 to 5,000
    • 5%: 5,001 to 17,000
    • 5.75%: 17,001 and over
  • Retail Sales: 5.3% on all goods