Madison, VA 22727

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 850 1290 $11,235 $1,633
(7.06% of returns)
$2,200
(4.71% of returns)
$6,900
$25,000 to $50,000 580 1070 $29,841 $3,100
(13.79% of returns)
$6,572
(18.97% of returns)
$6,000
$50,000 to $75,000 400 910 $38,360 $3,350
(25% of returns)
$15,741
(30% of returns)
$6,791
$75,000 to $100,000 240 590 $48,537 $3,133
(25% of returns)
$20,816
(25% of returns)
$8,420
$100,000 to $200,000 370 1010 $72,077 $6,200
(43.24% of returns)
$24,033
(32.43% of returns)
$8,630
Over $200,000 90 210 $227,081 $27,000
(66.67% of returns)
$30,566
(33.33% of returns)
$11,916
For Zip 2530 5080 $45,572

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Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 3000
0.03 3000 5000
0.05 5000 17000
0.0575 17000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0086 30

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.053 0.0035 0.0565 41