Virginia vs South Dakota Taxes: Income, Property & Sales

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

Virginia vs South Dakota Income Tax Comparison

	Virginia	South Dakota
Income Tax Rates & Thresholds	2.00%: $0-$3,000 3.00%: $3,001-$5,000 5.00%: $5,001-$17,000 5.75%: $17,001+	None
Median Income	$85,170	$67,180
Income Tax Paid On Median Household Income	$15,833	$7,547
Income After Tax Based on Median Household Income	$69,337	$59,633

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Virginia vs South Dakota Property Tax Comparison

	Virginia	South Dakota
Average Property Tax Rate	0.72%	1.03%
Average House Price By State	$376,931	$296,811
Average Property Tax Owed Per Year	$2,714	$3,057
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,623	$56,576

Virginia vs South Dakota Sales Tax Comparison

	Virginia	South Dakota
Average State Sales Tax	5.30%	4.50%
Average Local Sales Tax Across the State	0.45%	1.90%
Average Combined Sales Tax Rate	5.75%	6.40%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,623	$3,403
Maximum Disposable Income Based on Median Household Income	$63,001	$53,173

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

	Virginia	South Dakota
Income Tax Owed	$4,771	$3,040
After Tax Income	$35,229	$36,960
Income After Income & Property Tax	$32,515	$33,903
Maximum Disposable Income After Income, Property & Sales Taxes	$30,747	$31,864

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

	Virginia	South Dakota
Income Tax Owed	$8,848	$5,968
After Tax Income	$51,152	$54,032
Income After Income & Property Tax	$48,438	$50,975
Maximum Disposable Income After Income, Property & Sales Taxes	$45,804	$47,909

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

	Virginia	South Dakota
Income Tax Owed	$14,398	$10,368
After Tax Income	$65,602	$69,632
Income After Income & Property Tax	$62,888	$66,575
Maximum Disposable Income After Income, Property & Sales Taxes	$59,469	$62,570

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

	Virginia	South Dakota
Income Tax Owed	$19,948	$14,768
After Tax Income	$80,052	$85,232
Income After Income & Property Tax	$77,338	$82,175
Maximum Disposable Income After Income, Property & Sales Taxes	$73,133	$77,232

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

	Virginia	South Dakota
Income Tax Owed	$13,349	$8,481
After Tax Income	$86,651	$91,519
Income After Income & Property Tax	$83,937	$88,462
Maximum Disposable Income After Income, Property & Sales Taxes	$79,373	$83,141

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

	Virginia	South Dakota
Income Tax Owed	$26,279	$18,536
After Tax Income	$123,721	$131,464
Income After Income & Property Tax	$121,007	$128,407
Maximum Disposable Income After Income, Property & Sales Taxes	$114,428	$120,683

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

	Virginia	South Dakota
Income Tax Owed	$40,154	$29,536
After Tax Income	$159,846	$170,464
Income After Income & Property Tax	$157,132	$167,407
Maximum Disposable Income After Income, Property & Sales Taxes	$148,588	$157,337

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

	Virginia	South Dakota
Income Tax Owed	$54,948	$41,455
After Tax Income	$195,052	$208,545
Income After Income & Property Tax	$192,338	$205,488
Maximum Disposable Income After Income, Property & Sales Taxes	$181,880	$193,128

FAQ

Does Virginia or South Dakota 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 South Dakota’s income tax is the following None

Does Virginia or South Dakota have lower property taxes?

Virginia has an average property tax rate of 0.72%

In comparison, South Dakota has an average property tax rate of 1.03%

Does Virginia or South Dakota 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, South Dakota has a state sales tax rate of 4.50% and an average local rate of 1.90% for a combined total rate of 6.40%.

Do you get to keep more money in Virginia or South Dakota?

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, South Dakota gives you $53,173.

More Comparisons:

Virginia vs North Dakota
Virginia vs Alaska
Virginia vs Washington DC
Virginia vs Vermont
Virginia vs Wyoming

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/