Lexington, Virginia — Tax Burden
What is the tax burden in Lexington, Virginia?
Lexington, Virginia has a total tax burden of 9.65%, ranking #3841 nationally. Property tax rate: 0.95%, state income tax: 5.475%, sales tax: 5.75%. Median household income is $93,651.
Source: US Census ACS, 2022
Ranked #3841 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.65%
Rank: 3841st nationally
Property Tax Rate
0.95%
Rank: 3558th nationally
Income Tax Rate
5.475%
Virginia state rate
Sales Tax Rate
5.75%
State + local combined
Tax Burden Breakdown
Property (24%)Income (57%)Sales (20%)
Median Income: $93,651
Median Home Value: $224,700
Median Property Tax: $2,131/yr
Population: 7,346