Does Virginia or Kentucky have lower taxes? We answer that in a variety of ways below:
Virginia vs Kentucky Income Tax Comparison
Virginia | Kentucky | |
Income Tax Rates & Thresholds |
| 5.00% |
Median Income | $85,170 | $55,880 |
Income Tax Paid On Median Household Income | $15,833 | $7,680 |
Income After Tax Based on Median Household Income | $69,337 | $48,200 |
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Virginia vs Kentucky Property Tax Comparison
Virginia | Kentucky | |
Average Property Tax Rate | 0.72% | 0.60% |
Average House Price By State | $376,931 | $201,033 |
Average Property Tax Owed Per Year | $2,714 | $1,206 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,623 | $46,994 |
Virginia vs Kentucky Sales Tax Comparison
Virginia | Kentucky | |
Average State Sales Tax | 5.30% | 6.00% |
Average Local Sales Tax Across the State | 0.45% | 0.00% |
Average Combined Sales Tax Rate | 5.75% | 6.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,623 | $2,660 |
Maximum Disposable Income Based on Median Household Income | $63,001 | $44,334 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Virginia | Kentucky | |
Income Tax Owed | $4,771 | $4,865 |
After Tax Income | $35,229 | $35,135 |
Income After Income & Property Tax | $32,515 | $33,929 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,747 | $32,008 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Virginia | Kentucky | |
Income Tax Owed | $8,848 | $8,793 |
After Tax Income | $51,152 | $51,207 |
Income After Income & Property Tax | $48,438 | $50,001 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,804 | $47,171 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Virginia | Kentucky | |
Income Tax Owed | $14,398 | $14,193 |
After Tax Income | $65,602 | $65,807 |
Income After Income & Property Tax | $62,888 | $64,601 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,469 | $60,944 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Virginia | Kentucky | |
Income Tax Owed | $19,948 | $19,593 |
After Tax Income | $80,052 | $80,407 |
Income After Income & Property Tax | $77,338 | $79,201 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,133 | $74,718 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Virginia | Kentucky | |
Income Tax Owed | $13,349 | $13,081 |
After Tax Income | $86,651 | $86,919 |
Income After Income & Property Tax | $83,937 | $85,713 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,373 | $80,861 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Virginia | Kentucky | |
Income Tax Owed | $26,279 | $25,636 |
After Tax Income | $123,721 | $124,364 |
Income After Income & Property Tax | $121,007 | $123,158 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,428 | $116,187 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Virginia | Kentucky | |
Income Tax Owed | $40,154 | $39,136 |
After Tax Income | $159,846 | $160,864 |
Income After Income & Property Tax | $157,132 | $159,658 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,588 | $150,621 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Virginia | Kentucky | |
Income Tax Owed | $54,948 | $53,555 |
After Tax Income | $195,052 | $196,445 |
Income After Income & Property Tax | $192,338 | $195,239 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,880 | $184,188 |
FAQ
Does Virginia or Kentucky have lower income taxes?
Virginia’s income tax falls into the following range:
- 2.00%: $0-$3,000
- 3.00%: $3,001-$5,000
- 5.00%: $5,001-$17,000
- 5.75%: $17,001+
Whereas Kentucky’s income tax is the following 5.00%
Does Virginia or Kentucky have lower property taxes?
Virginia has an average property tax rate of 0.72%
In comparison, Kentucky has an average property tax rate of 0.60%
Does Virginia or Kentucky have lower sales taxes?
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%.
In contrast, Kentucky has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
Do you get to keep more money in Virginia or Kentucky?
Based on median household income after income, property and sales taxes Virginia gives you a maximum amount of disposable income of $63,001
In comparison, Kentucky gives you $44,334.
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