Florida vs Virginia Taxes: Income, Property & Sales

Does Florida or Virginia have lower taxes? We answer that in a variety of ways below:

Florida vs Virginia Income Tax Comparison

	Florida	Virginia
Income Tax Rates & Thresholds	None	2.00%: $0-$3,000 3.00%: $3,001-$5,000 5.00%: $5,001-$17,000 5.75%: $17,001+
Median Income	$65,370	$85,170
Income Tax Paid On Median Household Income	$7,149	$15,833
Income After Tax Based on Median Household Income	$58,221	$69,337

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Florida vs Virginia Property Tax Comparison

	Florida	Virginia
Average Property Tax Rate	0.67%	0.72%
Average House Price By State	$406,896	$376,931
Average Property Tax Owed Per Year	$2,726	$2,714
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,495	$66,623

Florida vs Virginia Sales Tax Comparison

	Florida	Virginia
Average State Sales Tax	6.00%	5.30%
Average Local Sales Tax Across the State	1.01%	0.45%
Average Combined Sales Tax Rate	7.01%	5.75%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,635	$3,623
Maximum Disposable Income Based on Median Household Income	$51,859	$63,001

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Florida	Virginia
Income Tax Owed	$3,040	$4,771
After Tax Income	$36,960	$35,229
Income After Income & Property Tax	$34,234	$32,515
Maximum Disposable Income After Income, Property & Sales Taxes	$31,991	$30,747

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Florida	Virginia
Income Tax Owed	$5,968	$8,848
After Tax Income	$54,032	$51,152
Income After Income & Property Tax	$51,306	$48,438
Maximum Disposable Income After Income, Property & Sales Taxes	$47,945	$45,804

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Florida	Virginia
Income Tax Owed	$10,368	$14,398
After Tax Income	$69,632	$65,602
Income After Income & Property Tax	$66,906	$62,888
Maximum Disposable Income After Income, Property & Sales Taxes	$62,523	$59,469

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Florida	Virginia
Income Tax Owed	$14,768	$19,948
After Tax Income	$85,232	$80,052
Income After Income & Property Tax	$82,506	$77,338
Maximum Disposable Income After Income, Property & Sales Taxes	$77,101	$73,133

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Florida	Virginia
Income Tax Owed	$8,481	$13,349
After Tax Income	$91,519	$86,651
Income After Income & Property Tax	$88,793	$83,937
Maximum Disposable Income After Income, Property & Sales Taxes	$82,976	$79,373

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Florida	Virginia
Income Tax Owed	$18,536	$26,279
After Tax Income	$131,464	$123,721
Income After Income & Property Tax	$128,738	$121,007
Maximum Disposable Income After Income, Property & Sales Taxes	$120,304	$114,428

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Florida	Virginia
Income Tax Owed	$29,536	$40,154
After Tax Income	$170,464	$159,846
Income After Income & Property Tax	$167,738	$157,132
Maximum Disposable Income After Income, Property & Sales Taxes	$156,750	$148,588

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Florida	Virginia
Income Tax Owed	$41,455	$54,948
After Tax Income	$208,545	$195,052
Income After Income & Property Tax	$205,819	$192,338
Maximum Disposable Income After Income, Property & Sales Taxes	$192,336	$181,880

FAQ

Does Florida or Virginia have lower income taxes?

Florida’s income tax falls into the following range: None

Whereas Virginia’s income tax is the following

• 2.00%: $0-$3,000
• 3.00%: $3,001-$5,000
• 5.00%: $5,001-$17,000
• 5.75%: $17,001+

Does Florida or Virginia have lower property taxes?

Florida has an average property tax rate of 0.67%

In comparison, Virginia has an average property tax rate of 0.72%

Does Florida or Virginia have lower sales taxes?

Florida has a state sales tax rate of 6.00% and an average local rate of 1.01% for a combined total rate of 7.01%.

In contrast, Virginia has a state sales tax rate of 5.30% and an average local rate of 0.45% for a combined total rate of 5.75%.

Do you get to keep more money in Florida or Virginia?

Based on median household income after income, property and sales taxes Florida gives you a maximum amount of disposable income of $51,859

In comparison, Virginia gives you $63,001.

More Comparisons:

Florida vs Washington
Florida vs Arizona
Florida vs Tennessee
Florida vs Massachusetts
Florida vs Indiana

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/