Drakes Branch, VA
Discover how far your salary goes in Drakes Branch. Compare taxes, rent, and living costs.
533
5.8%
$1,428
/month
+2%
above avg
How far would your salary go in Drakes Branch?
Enter your income to get a personalized breakdown vs 50+ cities
Rent Prices in Drakes Branch
Studio
$1,142
/month
$13,704/year
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
For a $100k salary, that's ~$5,750/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Drakes Branch, VA?▼
Drakes Branch 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 Drakes Branch?▼
The median rent for a 1-bedroom apartment in Drakes Branch is $1,428/month. For a 2-bedroom, expect to pay around $1,928/month. This is 2% above the national average.
Is Drakes Branch a good place to live?▼
Drakes Branch is a small town with a population of 533. The cost of living is above average, making it more expensive than average for the US.
See the complete picture for Drakes Branch
Our free calculator shows your exact take-home pay, tax breakdown, and how Drakes Branch compares to 50+ other cities.
Calculate My SalaryFree • No signup • 10 seconds