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Hot Springs
Hot Springs
Virginia
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Hot Springs is a census-designated place (CDP) in Bath County, Virginia, United States. The population as of the 2010 Census was 738. It is located about 5 miles (8 km) southwest of Warm Springs on U.S. Route 220. Hot Springs has several historic resorts, for the springs helped develop Bath County. Since at least the mid 18th century, travelers came to use the springs. Thomas Bullitt built the first inn to accommodate them in 1766 and Dr. Thomas Goode expanded it. The most prominent modern resort, The Homestead, traces its origin to this inn. Mustoe House, The Yard, Barton Lodge, Switchback School, and Garth Newel are also listed on the National Register of Historic Places.

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Taxes

B

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.

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