Small Town7,493 people

Woodlake, VA

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

Cost Index
133
📈 Above Average
Population

7,493

State Tax

5.8%

1BR Rent

$1,428

/month

vs National

+2%

above avg

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Rent Prices in Woodlake

🏠

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 Woodlake, VA?

Woodlake 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 Woodlake?

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

Is Woodlake a good place to live?

Woodlake is a small town with a population of 7,493. The cost of living is above average, making it more expensive than average for the US.

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