Lake of the Woods CDP, Virginia — Tax Burden
What is the tax burden in Lake of the Woods CDP, Virginia?
Lake of the Woods CDP, Virginia has a total tax burden of 9.37%, ranking #4127 nationally. Property tax rate: 0.62%, state income tax: 5.514%, sales tax: 5.75%. Median household income is $109,196.
Source: US Census ACS, 2022
Ranked #4127 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.37%
Rank: 4127th nationally
Property Tax Rate
0.62%
Rank: 5638th nationally
Income Tax Rate
5.514%
Virginia state rate
Sales Tax Rate
5.75%
State + local combined
Tax Burden Breakdown
Property (21%)Income (59%)Sales (20%)
Median Income: $109,196
Median Home Value: $345,100
Median Property Tax: $2,143/yr
Population: 8,356