Property Taxes in Riner, Virginia
Median Riner, Virginia effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Riner, Virginia home value: $228,750
Median annual Riner, Virginia tax bill: $1,716, lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Riner, Virginia 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 Riner's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Riner, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Riner Property Tax Calculator Work?
Use this Riner property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Riner's median effective tax rate of 0.75% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Riner's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Riner: rates range from 0.75% in 24149 to 0.75% in 24149, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Riner.
About Riner Property Taxes
About Property Taxes in Riner, Montgomery, Virginia
Riner’s median effective property tax rate of 0.75% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Montgomery County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Riner. Homeowners in the 24149 ZIP code carry a median effective rate of 0.75%, while those in the lowest ZIP also pay 0.75%. This spread reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Riner you live in can make a meaningful difference to your annual tax bill.
Riner homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Riner, Montgomery County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Riner's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Riner 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 Montgomery County Tax Rate
0.75%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Riner, Montgomery County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24149 | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Riner, Montgomery County, Virginia
When examining property taxes in Riner, Virginia, 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 the month when notices are sent.
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 Riner.
For example, the median home price in Riner is $228,750, with tax bills ranging significantly across the county. 24149 has the highest median home price at $228,750.
Property Tax Assessment Values Across Riner, Montgomery County, Virginia
Source: Ownwell
$128,150
$226,725
$325,300
Median Riner Market Value
$228,750
Median Montgomery County Market Value
$252,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Riner, Montgomery County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24149 | $55,110 | $141,600 | $228,750 | $351,575 | $465,550 |
Source: Ownwell
Property Tax Bills Across Riner, Montgomery County, Virginia
Property tax bills in Riner are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For a home with a median price of $228,750, the bill can vary depending on how the property is assessed and the specific tax rate set for Montgomery County.
What a homeowner pays also depends on local exemptions, any changes in assessed value, and how the property compares with others in the area. In Riner, the median tax bill is $1,716.00, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, this means property taxes can be a meaningful part of annual housing costs. A higher assessed value can lead to a higher bill, while a lower assessment may reduce what is owed.
Median Riner Tax Bill
$1,716
Median Montgomery County Tax Bill
$1,892
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Riner, Montgomery County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24149 | $414 | $1,063 | $1,716 | $2,637 | $3,492 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | realestate.montva.com |