McDowell is an unincorporated community in Highland County, Virginia, United States. McDowell is located 7.2 miles (11.6 km) southeast of Monterey, Virginia on U.S. Route 250. It is situated in the Bullpasture Valley near the mouth of Crab Run on the Bullpasture River. The community was named after James McDowell, Governor of Virginia from 1843 to 1846. McDowell is the location of the May 8, 1862 Battle of McDowell during the American Civil War. The community has a post office with ZIP code 24458 that was established in 1828. The Crab Run Lane Truss Bridge, Mansion House, and McClung Farm Historic District are listed on the National Register of Historic Places.
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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