Illinois vs Virginia Taxes: Income, Property & Sales

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

Illinois vs Virginia Income Tax Comparison

	Illinois	Virginia
Income Tax Rates & Thresholds	4.95%	2.00%: $0-$3,000 3.00%: $3,001-$5,000 5.00%: $5,001-$17,000 5.75%: $17,001+
Median Income	$78,020	$85,170
Income Tax Paid On Median Household Income	$13,677	$15,833
Income After Tax Based on Median Household Income	$64,343	$69,337

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Illinois vs Virginia Property Tax Comparison

	Illinois	Virginia
Average Property Tax Rate	1.78%	0.72%
Average House Price By State	$254,128	$376,931
Average Property Tax Owed Per Year	$4,523	$2,714
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$66,623

Illinois vs Virginia Sales Tax Comparison

	Illinois	Virginia
Average State Sales Tax	6.25%	5.30%
Average Local Sales Tax Across the State	2.56%	0.45%
Average Combined Sales Tax Rate	8.81%	5.75%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$3,623
Maximum Disposable Income Based on Median Household Income	$54,976	$63,001

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

	Illinois	Virginia
Income Tax Owed	$4,903	$4,771
After Tax Income	$35,097	$35,229
Income After Income & Property Tax	$30,574	$32,515
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$30,747

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

	Illinois	Virginia
Income Tax Owed	$8,820	$8,848
After Tax Income	$51,180	$51,152
Income After Income & Property Tax	$46,657	$48,438
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$45,804

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

	Illinois	Virginia
Income Tax Owed	$14,210	$14,398
After Tax Income	$65,790	$65,602
Income After Income & Property Tax	$61,267	$62,888
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$59,469

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

	Illinois	Virginia
Income Tax Owed	$19,600	$19,948
After Tax Income	$80,400	$80,052
Income After Income & Property Tax	$75,877	$77,338
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$73,133

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

	Illinois	Virginia
Income Tax Owed	$13,196	$13,349
After Tax Income	$86,804	$86,651
Income After Income & Property Tax	$82,281	$83,937
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$79,373

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

	Illinois	Virginia
Income Tax Owed	$25,726	$26,279
After Tax Income	$124,274	$123,721
Income After Income & Property Tax	$119,751	$121,007
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$114,428

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

	Illinois	Virginia
Income Tax Owed	$39,201	$40,154
After Tax Income	$160,799	$159,846
Income After Income & Property Tax	$156,276	$157,132
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$148,588

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

	Illinois	Virginia
Income Tax Owed	$53,595	$54,948
After Tax Income	$196,405	$195,052
Income After Income & Property Tax	$191,882	$192,338
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$181,880

FAQ

Does Illinois or Virginia have lower income taxes?

Illinois’s income tax falls into the following range: 4.95%

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 Illinois or Virginia have lower property taxes?

Illinois has an average property tax rate of 1.78%

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

Does Illinois or Virginia have lower sales taxes?

Illinois has a state sales tax rate of 6.25% and an average local rate of 2.56% for a combined total rate of 8.81%.

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 Illinois or Virginia?

Based on median household income after income, property and sales taxes Illinois gives you a maximum amount of disposable income of $54,976

In comparison, Virginia gives you $63,001.

More Comparisons:

Illinois vs Washington
Illinois vs Arizona
Illinois vs Tennessee
Illinois vs Massachusetts
Illinois 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/