Portsmouth, VA 23703

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4190 6530 $12,973 $1,673
(5.49% of returns)
$1,822
(4.3% of returns)
$5,663
$25,000 to $50,000 3460 6240 $32,123 $2,044
(8.38% of returns)
$6,454
(15.32% of returns)
$5,875
$50,000 to $75,000 2040 3900 $47,079 $2,708
(18.14% of returns)
$14,138
(23.04% of returns)
$6,600
$75,000 to $100,000 1360 3100 $54,448 $3,193
(24.26% of returns)
$18,842
(25.74% of returns)
$7,335
$100,000 to $200,000 1590 3940 $73,258 $6,095
(30.82% of returns)
$22,387
(25.79% of returns)
$7,973
Over $200,000 180 450 $187,961 $22,466
(66.67% of returns)
$26,185
(38.89% of returns)
$11,153
For Zip 12820 24160 $42,769

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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