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Wise
Wise
Virginia
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Wise is a town in Wise County, Virginia, United States. The population was 3,286 at the 2010 census. It is the county seat of Wise County. It was originally incorporated as the town of Gladeville in 1874. The town's name was changed to Wise in 1924. Wise is named after Henry A. Wise, the last Virginia governor before the American Civil War and the first governor to hail from the Eastern Shore of Virginia. The town is also the home of the University of Virginia's College at Wise.

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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.

Learn more about taxes in Virginia

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