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Taxes in Lynchburg, Virginia

Complete tax guide for Lynchburg, VA. State income tax up to 5.75%, 0.85% property tax, 5.3% sales tax. Calculate your total tax burden.

State Income Tax

5.75%

Virginia

Property Tax

0.85%

Effective rate

Sales Tax

5.3%

Combined rate

Tax Burden

Very Low

Lynchburg, VA Tax Overview

Liberty University; Blue Ridge setting

Population

82,168

Median Income

$44,218

Cost of Living

85.3 (100 = avg)

State Income Tax

5.75%

Median Home Price

$180,000

Lynchburg Tax Calculator

Pre-filled with Lynchburg median: $44,218

Total Tax Burden in Lynchburg

$9,193

Take-Home: $35,025 · Effective Rate: 20.79%

Federal Tax

$3,268

7.39% eff.

VA State

$2,543

5.75% eff.

FICA

$3,383

7.65% eff.

Take-Home

$35,025

79.21% kept

Tax Breakdown

Take-Home 79.21%
VA
FICA
Take-Home Federal Tax VA State Tax FICA
ItemAnnualMonthly
Gross Income$44,218.00$3,684.83
Federal Income Tax-$3,267.66-$272.31
Virginia State Tax-$2,542.54-$211.88
Social Security (6.2%)-$2,741.52-$228.46
Medicare (1.45%)-$641.16-$53.43
Take-Home Pay$35,025.13$2,918.76

Property Tax in Lynchburg

Median Home

$180,000

Annual Tax

$1,530

Monthly Tax

$128

Effective Rate

0.85%

vs. National Average (1.1%)$-450/yr
Median Property Tax Paid$1,530/yr

Sales Tax in Lynchburg

Combined Rate

5.3%

State Portion

~2.8%

Local Portion

~2.5%

The combined sales tax rate in Lynchburg is 5.3%, which is below the national average of 7.12%. On a $100 purchase, you would pay $5.30 in sales tax.

Tax Burden Comparison

Tax TypeLynchburgVirginia AvgNational Avg
Income Tax5.75%5.75%4.6%
Property Tax0.85%~0.85%1.1%
Sales Tax5.3%~5.3%7.12%
Overall BurdenVery LowModerate

Tax Saving Tips for Lynchburg Residents

  • Virginia's income tax rate of 5.75% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Property tax in Lynchburg (0.85%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Virginia Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Lynchburg, VA?

Lynchburg, Virginia has a state income tax rate up to 5.75%. The property tax rate is 0.85% and the combined sales tax rate is 5.3%. Liberty University; Blue Ridge setting

How much is property tax in Lynchburg?

The effective property tax rate in Lynchburg is 0.85%. On the median home price of $180,000, this equals approximately $1,530 per year or $128 per month. This is below the national average of 1.1%.

What is the sales tax rate in Lynchburg?

The combined sales tax rate in Lynchburg is 5.3%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Lynchburg's tax burden compare to other cities?

Lynchburg has a very low overall tax burden. The effective total tax rate for a median-income household is approximately 23.8%. The combination of 5.75% state income tax, 0.85% property tax, and 5.3% sales tax determines the total burden. Cost of living index is 85.3 (100 = national average).

Are there any local taxes in Lynchburg?

Lynchburg does not impose a separate local or city income tax. Residents pay the state income tax of 5.75%, federal income tax, and FICA (Social Security and Medicare). Liberty University; Blue Ridge setting