Virginia vs Tennessee Taxes: Income, Property & Sales

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

Virginia vs Tennessee Income Tax Comparison

	Virginia	Tennessee
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	$65,380
Income Tax Paid On Median Household Income	$15,833	$7,151
Income After Tax Based on Median Household Income	$69,337	$58,229

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Virginia vs Tennessee Property Tax Comparison

	Virginia	Tennessee
Average Property Tax Rate	0.72%	0.42%
Average House Price By State	$376,931	$310,782
Average Property Tax Owed Per Year	$2,714	$1,305
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,623	$56,924

Virginia vs Tennessee Sales Tax Comparison

	Virginia	Tennessee
Average State Sales Tax	5.30%	7.00%
Average Local Sales Tax Across the State	0.45%	2.55%
Average Combined Sales Tax Rate	5.75%	9.55%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,623	$4,962
Maximum Disposable Income Based on Median Household Income	$63,001	$51,961

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

	Virginia	Tennessee
Income Tax Owed	$4,771	$3,040
After Tax Income	$35,229	$36,960
Income After Income & Property Tax	$32,515	$35,655
Maximum Disposable Income After Income, Property & Sales Taxes	$30,747	$32,547

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

	Virginia	Tennessee
Income Tax Owed	$8,848	$5,968
After Tax Income	$51,152	$54,032
Income After Income & Property Tax	$48,438	$52,727
Maximum Disposable Income After Income, Property & Sales Taxes	$45,804	$48,130

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

	Virginia	Tennessee
Income Tax Owed	$14,398	$10,368
After Tax Income	$65,602	$69,632
Income After Income & Property Tax	$62,888	$68,327
Maximum Disposable Income After Income, Property & Sales Taxes	$59,469	$62,370

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

	Virginia	Tennessee
Income Tax Owed	$19,948	$14,768
After Tax Income	$80,052	$85,232
Income After Income & Property Tax	$77,338	$83,927
Maximum Disposable Income After Income, Property & Sales Taxes	$73,133	$76,610

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

	Virginia	Tennessee
Income Tax Owed	$13,349	$8,481
After Tax Income	$86,651	$91,519
Income After Income & Property Tax	$83,937	$90,214
Maximum Disposable Income After Income, Property & Sales Taxes	$79,373	$82,349

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

	Virginia	Tennessee
Income Tax Owed	$26,279	$18,536
After Tax Income	$123,721	$131,464
Income After Income & Property Tax	$121,007	$130,159
Maximum Disposable Income After Income, Property & Sales Taxes	$114,428	$118,812

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

	Virginia	Tennessee
Income Tax Owed	$40,154	$29,536
After Tax Income	$159,846	$170,464
Income After Income & Property Tax	$157,132	$169,159
Maximum Disposable Income After Income, Property & Sales Taxes	$148,588	$154,412

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

	Virginia	Tennessee
Income Tax Owed	$54,948	$41,455
After Tax Income	$195,052	$208,545
Income After Income & Property Tax	$192,338	$207,240
Maximum Disposable Income After Income, Property & Sales Taxes	$181,880	$189,174

FAQ

Does Virginia or Tennessee 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 Tennessee’s income tax is the following None

Does Virginia or Tennessee have lower property taxes?

Virginia has an average property tax rate of 0.72%

In comparison, Tennessee has an average property tax rate of 0.42%

Does Virginia or Tennessee 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, Tennessee has a state sales tax rate of 7.00% and an average local rate of 2.55% for a combined total rate of 9.55%.

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

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, Tennessee gives you $51,961.

More Comparisons:

Virginia vs Massachusetts
Virginia vs Indiana
Virginia vs Missouri
Virginia vs Maryland
Virginia vs Wisconsin

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/