Area Tax information:

Virginia Individual Income Tax Rates:
Less than $3,000 2% of federal adjusted gross income*
$3,000 - $5,000 $60 + 3% of excess over $3,000
$5,000 - $17,000 $120 + 5% of excess over $5,000
more than $17,000 $720 + 5.75% of excess over $17,000
with exemptions of $800 each and applicable modifications
 
Sales Tax:
Sales tax in Virginia is 4.5% (excluding prescription medicine) and 4% meals tax on prepared food in most localities in the area.
 
Property Tax:
Taxes on real estate and tangible personal property are levied and collected by local authorities. All real estate assessments are made at 1.00% of the market value. Each municipality uses a different assessment for personal property.

Roanoke City $1.23* $3.45 (540) 981-2523
Salem City $1.18* $3.20 (540) 375-3024
Roanoke County $1.13* $3.50 (540) 772-2046
Vinton $1.18* $4.50 (540) 983-0608
Botetourt County $ .75* $1.80 (540) 992-8205
*Per $1.00 of Assessed Value
Information provided by the Roanoke Regional Chamber of Commerce

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