Montgomery County, Virginia Property Taxes
Property Taxes in Montgomery County, Virginia
Median Montgomery County effective property tax rate: 0.75%, significantly lower than the national median of 1.02%.
Median Montgomery County home value: $252,100
Median annual Montgomery County tax bill: $1,892, lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Montgomery County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Montgomery or another part of Montgomery County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montgomery County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$1,891
$1,755
How Does the Montgomery County Property Tax Calculator Work?
Use this Montgomery County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montgomery County's median effective tax rate of 0.75% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessor assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Montgomery County’s median tax rate is lower than the 0.90% state median and below the 1.02% national median property tax rate. The county’s median property tax bill is $1,892, which is $508 lower than the state median and below the $2,400 national median property tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Montgomery County.
Property Tax Rates Across Montgomery County, Virginia
What Are Effective Property Tax Rates Across Montgomery County?
Local government entities set tax rates, which vary widely across Montgomery County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Montgomery County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Montgomery County's median effective rate stands at 0.75%, which is lower than the national median of 1.02%. Within Montgomery County, the highest rate is found in Blacksburg at 0.75%, while Blacksburg has the lowest at 0.75%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Montgomery County Tax Rate
0.75%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montgomery County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blacksburg | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Catawba | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Christiansburg | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Elliston | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Hiwassee | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Lafayette | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Pilot | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Radford | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Riner | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Shawsville | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
| Bent Mountain | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | N/A | N/A | N/A | N/A | N/A |
| Newport | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Virginia
When examining property taxes in Montgomery County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Montgomery County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Montgomery County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Montgomery County.
For example, the median tax bill in Montgomery County is $1,892, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, with Blacksburg at the highest median home price of $325,300.
Property Tax Assessment Values Across Montgomery County, Virginia
Source: Ownwell
$128,150
$226,725
$325,300
Median Montgomery County Market Value
$252,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blacksburg | $157,800 | $229,700 | $325,300 | $458,050 | $617,220 |
| Catawba | $51,100 | $112,550 | $226,500 | $267,050 | $329,860 |
| Christiansburg | $110,600 | $166,900 | $229,000 | $292,100 | $378,510 |
| Elliston | $33,600 | $84,975 | $148,350 | $222,225 | $292,790 |
| Hiwassee | $79,560 | $146,400 | $225,600 | $373,100 | $505,960 |
| Lafayette | $43,930 | $79,700 | $128,150 | $175,400 | $262,580 |
| Pilot | $39,450 | $106,150 | $152,900 | $231,800 | $298,850 |
| Radford | $51,420 | $126,250 | $202,700 | $301,450 | $429,520 |
| Riner | $55,110 | $141,600 | $228,750 | $351,575 | $465,550 |
| Shawsville | $32,700 | $81,125 | $148,100 | $217,725 | $280,900 |
| Bent Mountain | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | N/A | N/A | N/A | N/A | N/A |
| Newport | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Montgomery County, Virginia
Property tax bills in Montgomery County are based on the assessed value of a home and the local tax rate. When a property’s market value changes, the assessed value can change too, which directly affects the amount a homeowner owes. The county’s median home price is $252,100, and that value helps show how the tax burden is tied to local housing costs.
Homeowners with higher-valued properties generally face larger bills, while lower-valued homes usually owe less. In Montgomery County, the tax bill varies widely: the 25th percentile is $1,310, the 75th percentile is $2,693, and the 90th percentile is $3,797. That spread shows how differences in assessed value and tax rates can create very different outcomes for homeowners.
For comparison, the highest median tax bill in the county is $2,439 in Blacksburg, while the lowest is $961 in Lafayette. These differences can significantly affect monthly budgets, escrow payments, and overall housing affordability.
Median Montgomery County Tax Bill
$1,892
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blacksburg | $1,184 | $1,723 | $2,439 | $3,434 | $4,629 |
| Catawba | $383 | $844 | $1,699 | $2,003 | $2,474 |
| Christiansburg | $833 | $1,253 | $1,718 | $2,192 | $2,839 |
| Elliston | $253 | $643 | $1,113 | $1,667 | $2,196 |
| Hiwassee | $597 | $1,098 | $1,692 | $2,798 | $3,795 |
| Lafayette | $329 | $598 | $961 | $1,316 | $1,969 |
| Pilot | $296 | $796 | $1,147 | $1,738 | $2,241 |
| Radford | $386 | $947 | $1,520 | $2,261 | $3,221 |
| Riner | $414 | $1,063 | $1,716 | $2,637 | $3,492 |
| Shawsville | $245 | $608 | $1,111 | $1,633 | $2,107 |
| Bent Mountain | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | N/A | N/A | N/A | N/A | N/A |
| Newport | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | realestate.montva.com |
Frequently Asked Property Tax Questions in Montgomery County, Virginia
How are property taxes calculated in Montgomery County, Virginia?
How do I appeal my property taxes in Montgomery County, Virginia?
What property tax exemptions are available in Montgomery County, Virginia?
When are property taxes due in Montgomery County, Virginia?
How can Ownwell help reduce my property taxes in Montgomery County, Virginia?
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