Portsmouth, VA 23701

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4460 6970 $13,160 $800
(4.93% of returns)
$1,927
(4.93% of returns)
$5,345
$25,000 to $50,000 3570 6220 $31,826 $1,685
(7.56% of returns)
$6,008
(15.97% of returns)
$5,264
$50,000 to $75,000 1840 3430 $44,953 $1,634
(14.13% of returns)
$13,697
(23.91% of returns)
$5,868
$75,000 to $100,000 960 2130 $53,279 $2,072
(18.75% of returns)
$17,379
(25% of returns)
$6,430
$100,000 to $200,000 760 1850 $68,967 $4,628
(27.63% of returns)
$21,500
(26.32% of returns)
$7,340
Over $200,000 60 130 $199,410 $19,800
(66.67% of returns)
$34,100
(33.33% of returns)
$11,225
For Zip 11650 20730 $35,049

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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