Small Town1,090 people

Brookneal, VA

Discover how far your salary goes in Brookneal. Compare taxes, rent, and living costs.

Cost Index
133
📈 Above Average
Population

1,090

State Tax

5.8%

1BR Rent

$1,428

/month

vs National

+2%

above avg

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Rent Prices in Brookneal

🏠

Studio

$1,142

/month

$13,704/year

Most Common
🛏️

1 Bedroom

$1,428

/month

$17,136/year

🏡

2 Bedroom

$1,928

/month

$23,136/year

🏘️

3 Bedroom

$2,499

/month

$29,988/year

Taxes in Virginia

State Income Tax

Virginia

5.8%

For a $100k salary, that's ~$5,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Brookneal, VA?

Brookneal has a cost of living index of 133, which is 33% above the national average. A 1-bedroom apartment costs around $1,428/month.

What is the state income tax in Virginia?

Virginia has a state income tax rate of approximately 5.8%. This is in addition to federal income tax.

How much is rent in Brookneal?

The median rent for a 1-bedroom apartment in Brookneal is $1,428/month. For a 2-bedroom, expect to pay around $1,928/month. This is 2% above the national average.

Is Brookneal a good place to live?

Brookneal is a small town with a population of 1,090. The cost of living is above average, making it more expensive than average for the US.

See the complete picture for Brookneal

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