Retire in Virginia: 2026 Tax & Cost of Living Guide
Moderate income tax, no SS or estate tax, low property tax. $12K age-65+ deduction moderately offsets.
State income tax
Progressive — top rate 5.75%
Social Security
Not taxed
Estate tax
None
Property tax
0.82%
How Virginia Taxes Retirement Income
- Social Security
- Not taxed
- Public pensions (state/federal)
- Taxed
- Private pensions
- Taxed
- 401(k) / IRA withdrawals
- Taxed
Exemption / exclusion
$12K age-based deduction age 65+
What Would You Pay in State Income Tax?
Rough estimates at the top marginal rate (actual effective rate will be lower for most retirees due to brackets, exemptions, and standard deduction):
| Annual Retirement Income | Estimated State Tax | Effective Rate |
|---|---|---|
| $50,000 | $2,875 | 5.8% |
| $100,000 | $5,750 | 5.8% |
| $200,000 | $11,500 | 5.8% |
We don't have detailed cost-of-living data for a city in Virginia yet. See our city guides for 300+ other cities worldwide, or compare Virginia against other US states below.
States With No Income Tax
Compare Against Other States
All 50 US States + DC
Ranked by tax-friendliness for retirees. Grouped by income-tax type.
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Tax rates and programs are subject to change. Data is current for 2024–2025. Always consult a qualified tax professional before making relocation decisions.