Portsmouth, VA 23704

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3910 6990 $13,422 $1,220
(2.56% of returns)
$1,645
(2.81% of returns)
$5,490
$25,000 to $50,000 2220 3850 $32,551 $1,127
(4.95% of returns)
$5,769
(10.36% of returns)
$4,845
$50,000 to $75,000 900 1580 $49,008 $2,141
(13.33% of returns)
$12,407
(14.44% of returns)
$5,323
$75,000 to $100,000 380 760 $58,275 $1,800
(15.79% of returns)
$16,912
(21.05% of returns)
$6,600
$100,000 to $200,000 350 760 $78,159 $4,791
(34.29% of returns)
$22,500
(22.86% of returns)
$8,361
Over $200,000 70 150 $199,616 $31,650
(57.14% of returns)
$26,866
(42.86% of returns)
$11,980
For Zip 7830 14090 $32,841

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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