Virginia State Benefits Virginia enjoys an economy with a variety of employers from industries such as agriculture, manufacturing and the military. Technology manufacturing is significant in Virginia and the continued growth of technology manufacturing has resulted in the Dulles Technology Corridor. Some of the more significant employers in Virginia include the federal government, ITT Exelis, DynCorp, GeoEye, Booz Allen Hamilton and Volkswagen. Virginia’s unemployment rate is 4.8 percent, which falls just below the national average. The state uses the federally-mandated minimum wage of $7.25 per hour and enjoys a cost of living below the national average. Virginia State Taxes The minimum income tax rate in Virginia is three percent and the maximum income tax rate is 5.25 percent. This is in line with the median rates throughout the country. The Virginia property tax rate is 34th in the country at 0.74 percent and the state’s sales tax rate is 4.3 percent, which is below the national average.
|Address:||703 E. Main St, Richmond, VA 23219|
|Business Hours:||Office hours not available|