Property Taxes in Roanoke, Virginia
Median Roanoke, Virginia effective property tax rate: 1.04%, significantly lower than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median Roanoke, Virginia home value: $265,500
Median annual Roanoke, Virginia tax bill: $2,761, $361 higher than the national median property tax bill of $2,400.
How are property taxes in Roanoke County calculated?
Property taxes in Roanoke, 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 Roanoke's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Roanoke, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Roanoke Property Tax Calculator Work?
Use this Roanoke property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Roanoke's median effective tax rate of 1.04% — based on actual property records in Roanoke 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 Roanoke'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 Roanoke: rates range from $2,038.00 in 24014 to $3,090.00 in 24012, primarily due to differences in school district levies and local assessment districts.
Roanoke's median property tax bill is $2,761, which is higher than the Virginia median tax bill by $361 and higher than the national median property tax bill of $2,400. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Roanoke.
About Roanoke Property Taxes
About Property Taxes in Roanoke, Roanoke County, Virginia
Roanoke's median effective property tax rate of 1.04% is lower than the Virginia state median of 0.90% and higher than the national median of 1.02%. This rate reflects the Roanoke 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 Roanoke. Homeowners in the 24012 ZIP code carry a median effective rate of 1.04%, while those in 24014 pay 1.04%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Roanoke County. Understanding which part of Roanoke you live in can make a meaningful difference to your annual tax bill.
Roanoke 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 Roanoke, Roanoke 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 Roanoke'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 Roanoke Tax Rate
1.04%
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 Roanoke County Tax Rate
1.04%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Roanoke, Roanoke County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24012 | 1.22% | 1.31% | 1.33% | 1.36% | 1.40% |
| 24013 | 1.22% | 1.33% | 1.38% | 1.44% | 1.52% |
| 24014 | 1.25% | 1.27% | 1.30% | 1.34% | 1.39% |
| 24015 | 1.27% | 1.29% | 1.30% | 1.32% | 1.34% |
| 24016 | 1.22% | 1.28% | 1.37% | 1.45% | 1.54% |
| 24017 | 1.22% | 1.32% | 1.35% | 1.39% | 1.44% |
| 24018 | 1.27% | 1.28% | 1.30% | 1.32% | 1.34% |
| 24019 | 1.28% | 1.29% | 1.31% | 1.32% | 1.35% |
| 24011 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Roanoke, Roanoke County, Virginia
When examining property taxes in Roanoke, 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. Roanoke County 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 Roanoke County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the spring.
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 Roanoke.
For example, the median home price in Roanoke is $265,500, with tax bills ranging significantly across the county. 24012 has the highest median home price at $297,100.
Property Tax Assessment Values Across Roanoke, Roanoke County, Virginia
Source: Ownwell
$94,900
$191,850
$288,800
Median Roanoke Market Value
$265,500
Median Roanoke County Market Value
$254,900
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Roanoke, Roanoke County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24012 | $101,040 | $132,100 | $165,200 | $196,300 | $228,920 |
| 24013 | $54,200 | $76,400 | $104,200 | $130,800 | $157,900 |
| 24014 | $121,600 | $154,100 | $231,300 | $474,175 | $662,210 |
| 24015 | $158,920 | $196,875 | $242,200 | $300,500 | $375,770 |
| 24016 | $46,670 | $64,500 | $94,900 | $176,625 | $267,960 |
| 24017 | $82,500 | $104,000 | $144,400 | $178,200 | $211,300 |
| 24018 | $209,380 | $241,500 | $288,800 | $385,400 | $527,920 |
| 24019 | $168,550 | $193,800 | $216,300 | $248,175 | $269,200 |
| 24011 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Roanoke, Roanoke County, Virginia
Roanoke property tax bills are calculated by multiplying a home’s assessed value by the local tax rate set by Roanoke County and other taxing authorities. The assessed value is based on the market value of the property, which means homeowners with higher-value homes generally pay more in taxes. Factors such as location, neighborhood, and property characteristics can all influence the final assessment.
For a median home price of $265,500, the property tax bill can vary widely across the city. The 25th percentile tax bill is $2,204, while the 75th percentile is $3,585 and the 90th percentile reaches $4,761. The highest median tax bill is $3,090 in ZIP code 24012, compared with the lowest median tax bill of $2,038 in ZIP code 24014.
These bills can have a meaningful impact on homeowners, especially when local assessments rise faster than household budgets.
Median Roanoke Tax Bill
$2,761
Median Roanoke County Tax Bill
$2,651
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Roanoke, Roanoke County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24012 | $1,336 | $1,763 | $2,181 | $2,584 | $3,001 |
| 24013 | $770 | $1,070 | $1,410 | $1,749 | $2,085 |
| 24014 | $1,630 | $2,052 | $2,995 | $6,020 | $8,370 |
| 24015 | $2,059 | $2,568 | $3,137 | $3,862 | $4,775 |
| 24016 | $640 | $897 | $1,272 | $2,153 | $3,298 |
| 24017 | $1,111 | $1,408 | $1,924 | $2,353 | $2,761 |
| 24018 | $2,714 | $3,129 | $3,771 | $4,932 | $6,704 |
| 24019 | $2,091 | $2,532 | $2,824 | $3,216 | $3,482 |
| 24011 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 1 |
Links |
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