Taxes in Blacksburg

Virginia's near-flat 5.75% income tax applies to Blacksburg residents the same as anywhere else in the state, layered with Blacksburg's own 5.3% combined sales tax -- Virginia's statewide floor rate -- and Montgomery County's $0.76-per-$100 property tax rate.

Exploring the idea of moving?

We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.

Learn more

Virginia's graduated income tax -- restated as place-level context

Virginia applies a four-bracket income tax (2% on the first $3,000, 3% on $3,001-$5,000, 5% on $5,001-$17,000, and 5.75% above $17,000), functioning as a near-flat 5.75% rate for the overwhelming majority of working filers -- identical statewide, not Blacksburg-specific. Social Security is fully exempt at any age; the age-65 deduction (up to $12,000) phases out above $50,000 (single) / $75,000 (married filing jointly) federal AGI.

Blacksburg's floor-rate sales tax and Montgomery County's property tax

Blacksburg's combined 2026 sales tax rate is 5.3%: Virginia's 4.3% state rate plus Montgomery County's 1.0% local rate -- Virginia's statewide floor, matching Harrisonburg, Winchester, and Lynchburg in this same build. Montgomery County's 2026 property tax rate is cited at $0.76 per $100 of assessed value.

No state estate or inheritance tax

Virginia does not levy a state estate tax or inheritance tax -- though residents with sufficiently large estates may still owe the federal estate tax.

Key takeaways

Want to know what your budget actually buys here?

Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.

Get local guidance

Read the full Blacksburg overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

Planning a move?

Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.

Talk to a local expert
Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.