Charlottesville, colloquially known as Cville by locals, is an independent city in the Commonwealth of Virginia. In 2016, an estimated 46,912 people lived within the city limits. It is the county seat of Albemarle County, which surrounds the city, though the two are separate legal entities. This means a Charlottesville resident will list the City of Charlottesville as both their county and city on official paperwork. It is named after the British Queen Charlotte of Mecklenburg-Strelitz. The Bureau of Economic Analysis combines the City of Charlottesville with the County of Albemarle for statistical purposes, bringing its steadily growing population to approximately 150,000. Charlottesville is the heart of the Charlottesville metropolitan area, which includes Albemarle, Fluvanna, Greene and Nelson counties. Charlottesville was the home of two Presidents, Thomas Jefferson and James Monroe. While both were Governor of Virginia, they lived in Charlottesville, and traveled to and from Richmond, along the 71-mile (114 km) historic Three Notch'd Road. Orange, located 26 miles (42 km) northeast of the city, was the hometown of President James Madison. The University of Virginia, founded by Thomas Jefferson and one of the original Public Ivies, straddles the city's southwestern border. Monticello, 3 miles (4.8 km) southeast of the city, is, along with the University of Virginia, a UNESCO World Heritage Site, attracting thousands of tourists every year.
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How did Virginia earn the grade of B? We examined the state taxes based on how age friendly they are. Virginia has a state sales tax of 5.30%. Of particular interest is that Virginia does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Virginia has an effective property tax rate of 0.79%. Weighing these taxes and other taxes most likely to impact the aging population is how Virginia earned its state tax grade of B.
Learn more about taxes in Virginia