Property Taxes in Dayton, Virginia
Median Dayton, Virginia effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Dayton, Virginia home value: $230,900
Median annual Dayton, Virginia tax bill: $1,564, $836 lower than the national median property tax bill of $2,400.
How are property taxes in Rockingham calculated?
Property taxes in Dayton, 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 Dayton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dayton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Dayton Property Tax Calculator Work?
Use this Dayton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dayton's median effective tax rate of 0.68% — based on actual property records in Rockingham 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 Dayton'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 Dayton: rates range from 0.68% in 22821 to 0.68% in 22821, 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 Dayton.
About Dayton Property Taxes
About Property Taxes in Dayton, Rockingham, Virginia
Dayton’s median effective property tax rate of 0.68% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Rockingham 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 Dayton. Homeowners in ZIP code 22821 carry a median effective rate of 0.68%, while the same ZIP also reflects the city’s lowest rate at 0.68%. Understanding where you live in Dayton can still make a difference when you review your assessed value and annual tax bill.
Dayton homeowners who believe their assessed value is too high can file a formal appeal with the 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 Dayton, Rockingham 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 Dayton'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 Dayton Tax Rate
0.68%
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 Rockingham County Tax Rate
0.68%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Dayton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22821 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Dayton, Rockingham County, Virginia
When examining property taxes in Dayton, 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 Rockingham County assessment office 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 are sent in March each year. They typically reach your mailbox by the middle of the month.
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. The median home price in Dayton is $230,900, and the median tax bill is $1,564, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. In 22821, the highest median home price is $230,900.
Property Tax Assessment Values Across Dayton, Rockingham County, Virginia
Source: Ownwell
$116,500
$2,015,250
$3,914,000
Median Dayton Market Value
$230,900
Median Rockingham County Market Value
$236,200
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Dayton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22821 | $96,000 | $161,400 | $230,900 | $324,300 | $451,244 |
Source: Ownwell
Property Tax Bills Across Dayton, Rockingham County, Virginia
Property tax bills in Dayton are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. For homeowners, this means the bill depends on both what the home is worth and the tax rate set by local governments.
With a median home price of $230,900, tax bills can vary widely across the city. The 25th percentile tax bill is $1,092, while the 75th percentile is $2,194 and the 90th percentile reaches $3,067. The median tax bill is $1,564, and that same figure appears in ZIP code 22821.
Because assessed values and tax rates can change, property tax bills may rise even if a homeowner has not made any major changes to the home. This can affect monthly budgets and long-term housing costs, making it important for homeowners to understand how their bill is determined.
Median Dayton Tax Bill
$1,564
Median Rockingham County Tax Bill
$1,605
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Dayton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22821 | $633 | $1,092 | $1,564 | $2,194 | $3,067 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Rockingham Tax Assessor | |
| Website | rockinghamcountyva.munisselfservice.com |