Roanoke city, Virginia property tax
The median homeowner in Roanoke city, Virginia pays $1,828 a year in property tax on a home worth $180,500, an effective rate of 1.01%. The national effective rate is 0.98%.
What the rate means here
Roanoke city taxes property at 1.01%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,828 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #7 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,032 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.
The median home costs 3.43 times the median household income of $52,671, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. The county has 98,677 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Roanoke city | Virginia | United States | |
|---|---|---|---|
| Effective property tax | 1.01% | 0.74% | 0.98% |
| Median tax bill | $1,828 | $2,686 | $2,969 |
| Median home value | $180,500 | $360,700 | $303,400 |
| Median gross rent | $964 | $1,514 | $1,348 |
| Median household income | $52,671 | $90,974 | $78,538 |
| Home price to income | 3.43× | 3.96× | 3.86× |
| Rent as share of income | 21.96% | 19.97% | 20.6% |
| Owner-occupied | 51.7% | 67.18% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 98,677.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Montgomery County | 0.77% | $2,174 | $283,600 |
| Portsmouth city | 1.07% | $2,452 | $229,400 |
| Roanoke County | 0.88% | $2,340 | $267,300 |
| Suffolk city | 0.93% | $3,073 | $329,600 |
| Frederick County | 0.51% | $1,807 | $355,000 |
Roanoke city property tax: common questions
What is the property tax rate in Roanoke city, Virginia?
The effective rate is 1.01% of home value, from a median tax bill of $1,828 against a median home value of $180,500. That is 0.03 points above the national 0.98%.
How much is property tax on a $400,000 home in Roanoke city?
Roughly $4,040 a year at the county effective rate of 1.01%.
Is Roanoke city expensive compared with the rest of Virginia?
It ranks #7 of 129 Virginia counties by effective property tax rate, and #1032 of 2,826 nationally. That is 0.27 points above the Virginia average of 0.74%.
What does housing cost in Roanoke city?
The median home is worth $180,500 and median gross rent is $964 a month. Median household income is $52,671, which puts the home at 3.43 times annual income and rent at 21.96% of it.