Four-season retirement with proximity to DC, the Blue Ridge, and the Chesapeake Bay. Income tax applies but a meaningful age 65+ deduction softens it.
| State income tax | Progressive, top rate 5.75% |
| Social Security | Fully exempt |
| Pensions & 401k/IRA | $12K age deduction at 65+ (phases out at higher income); SS fully exempt |
| Avg combined sales tax | 5.77% |
| Estate / inheritance tax | None |
Effective property tax: 0.82% (ranked #23 of 50 states).
Real estate tax relief for elderly/disabled available in most localities — income limits vary
Cost of living index: 101.4 where the US average is 100 — about 1% above the national average.
Four distinct seasons. Mild winters in the south/coast; cooler in the mountains. Warm humid summers.
Excellent — UVA Health (Charlottesville), VCU Health (Richmond), proximity to top DC-area systems.
Williamsburg, Charlottesville, Roanoke
No, Virginia does not tax Social Security retirement benefits.
Progressive, top rate 5.75%. $12K age deduction at 65+; Social Security fully exempt.
Virginia's cost of living index is 101.4 where the US average is 100. Effective property tax averages 0.82% and combined sales tax averages 5.77%.
Popular retirement spots in Virginia include Williamsburg, Charlottesville, Roanoke.
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Tax data current as of 2026 publication. Rates and rules change annually — verify with a CPA before relocating. This page is educational and not personalized tax or legal advice.