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Wallops Island
Wallops Island
Virginia
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Wallops Island is a six-square-mile (16 km2) island off the Eastern Shore of Virginia, part of the Virginia Barrier Islands that stretch along the eastern seaboard of the United States of America. It is located in Accomack County, Virginia. The island is just south of Chincoteague Island, a popular tourist destination. Wallops Island proper, originally known as Kegotank Island, was granted to John Wallop by the Crown on April 29, 1692. Ownership was divided down through the years, until the Commonwealth of Virginia seized the property in 1876 and 1877 in lieu of unpaid taxes. From 1877, ownership was again divided and sub-divided until 1889, when it was held by various trustees for the Wallops Island Club. The Club was incorporated and assumed ownership in 1933 as the Wallops Island Association, Inc. Association members and their families spent the summers fishing and swimming on the island. The Association grazed sheep, cattle, and ponies on the area until the mid-1940s. In 1947, the U.S. Navy began using the upper two-thirds of the island on a lease-rental basis for aviation ordnance testing. The National Advisory Committee for Aeronautics (N.A.C.A.), forerunner of NASA, leased the lower 1,000 acres (4.0 km2) for rocket launching facilities. The island is primarily used for NASA's Wallops Flight Facility, including the Mid-Atlantic Regional Spaceport, although the name also refers to the peninsula area surrounding the island for the purpose of mailing addresses. The Wallops Island National Wildlife Refuge is located on the island. The current population of Wallops Island (the peninsular area, not the island itself) is 434. Additional photography for the World War II film Our Father was partially filmed on location at Wallops Island.

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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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