StateRates

Botetourt County, Virginia property tax

The median homeowner in Botetourt County, Virginia pays $1,761 a year in property tax on a home worth $268,900, an effective rate of 0.65%. The national effective rate is 0.98%.

Effective rate 0.65% #58 of 129 in Virginia
Median tax bill $1,761 per year
Median home value $268,900 owner-occupied
Median income $80,467 household

What the rate means here

At 0.65%, Botetourt County taxes property more lightly than the national 0.98%. That puts the median bill at $1,761. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #58 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,922 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.34 times the median household income of $80,467, close to the national 3.86. With 33,875 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,625 per year at 0.65%
$400,000 home $2,600 per year at 0.65%
$600,000 home $3,900 per year at 0.65%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Botetourt County, Virginia against Virginia and the country
Botetourt County Virginia United States
Effective property tax 0.65% 0.74% 0.98%
Median tax bill $1,761 $2,686 $2,969
Median home value $268,900 $360,700 $303,400
Median gross rent $951 $1,514 $1,348
Median household income $80,467 $90,974 $78,538
Home price to income 3.34× 3.96× 3.86×
Rent as share of income 14.18% 19.97% 20.6%
Owner-occupied 85.81% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 33,875.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Halifax County 0.49% $729 $148,900
Pulaski County 0.64% $1,176 $182,500
Petersburg city 0.92% $1,449 $157,900
Accomack County 0.50% $962 $193,100
Wise County 0.56% $658 $116,500

Botetourt County property tax: common questions

What is the property tax rate in Botetourt County, Virginia?

The effective rate is 0.65% of home value, from a median tax bill of $1,761 against a median home value of $268,900. That is 0.33 points below the national 0.98%.

How much is property tax on a $400,000 home in Botetourt County?

Roughly $2,600 a year at the county effective rate of 0.65%.

Is Botetourt County expensive compared with the rest of Virginia?

It ranks #58 of 129 Virginia counties by effective property tax rate, and #1922 of 2,826 nationally. That is 0.09 points below the Virginia average of 0.74%.

What does housing cost in Botetourt County?

The median home is worth $268,900 and median gross rent is $951 a month. Median household income is $80,467, which puts the home at 3.34 times annual income and rent at 14.18% of it.