Virginia Minimum Wage and Income Tax 2026
What it costs to pay people and earn money in Virginia.
Minimum wage$12.77per hour
Income tax2.00% to 5.75%
State sales tax5.30%about 5.77% with local tax
Corporate tax6.00%
Minimum wage in Virginia
The minimum wage is $12.77 an hour, $5.52 above the federal $7.25.
Full time at 40 hours, that is $511 a week or $26,562 a year. It ranks 23 of 51, higher than 28 others.
As of July 1, 2026. Source: U.S. Department of Labor.
Income tax in Virginia
Virginia income tax runs from 2.00% to 5.75% across 4 brackets.
The top rate ranks 18 of 51.
Single filers, as of January 1, 2026. Source: Tax Foundation.
Corporate tax in Virginia
The top corporate income tax rate is 6.00%. Local gross receipts taxes may apply.
It ranks 26 of 51.
As of April 2, 2026. Source: Tax Foundation.
Sales tax in Virginia
The state rate is 5.30%. With the average local tax, shoppers pay about 5.77%.
As of July 1, 2026. Source: Tax Foundation.