Elkton, Rockingham County, Virginia Property Taxes
Property Taxes in Elkton, Virginia
Median Elkton, 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 Elkton, Virginia home value: $198,200
Median annual Elkton, Virginia tax bill: $1,342, lower than the national median property tax bill of $2,400.
How are property taxes in Rockingham calculated?
Property taxes in Elkton, 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 Elkton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elkton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elkton, Rockingham County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$1,348
$1,251
How Does the Elkton Property Tax Calculator Work?
Use this Elkton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elkton'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 assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Elkton'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 Elkton: rates range from 0.68% in 22827 to 0.68% in 22827, 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 Elkton.
About Elkton Property Taxes
About Property Taxes in Elkton, Rockingham, Virginia
Elkton’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 Elkton. Homeowners in ZIP code 22827 carry a median effective rate of 0.68%, while the lowest rate is also 0.68%. This reflects how school district boundaries and local assessment districts are drawn across Rockingham County. Understanding where you live in Elkton can still help you better evaluate your annual tax bill.
Elkton 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 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 Elkton, 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 Elkton'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 Elkton 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
1.02%
Property Tax Rates Across Elkton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22827 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Elkton, Rockingham County, Virginia
When examining property taxes in Elkton, 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 and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Elkton is $198,200, with a median property tax bill of $1,342. Tax bills range from $906 at the 25th percentile to $2,534 at the 90th percentile, and ZIP code 22827 has both the highest median home price and the highest median tax bill.
Property Tax Assessment Values Across Elkton, Rockingham County, Virginia
Source: Ownwell
$116,500
$2,015,250
$3,914,000
Median Elkton Market Value
$198,200
Median Rockingham County Market Value
$236,200
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elkton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22827 | $62,760 | $135,650 | $198,200 | $278,600 | $375,640 |
Source: Ownwell
Property Tax Bills Across Elkton, Rockingham County, Virginia
How are property tax bills calculated in Elkton?
Property tax bills in Elkton are based on a home’s assessed value, which is determined by local tax authorities and compared with the tax rate set for Rockingham County and other local jurisdictions. The bill is calculated by applying that rate to the assessed value, so a higher assessed value generally leads to a higher tax bill. Factors such as the home’s market value, location, size, condition, and any applicable exemptions can all affect the final amount.
For homeowners, this means property taxes can change when assessments are updated or when local tax rates shift. Based on local data, the median home price is $198,200, while the median tax bill in the area is $1,342. That is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Property tax bills in Elkton range from $906 at the 25th percentile to $2,534 at the 90th percentile, showing how much bills can vary from one homeowner to another.
Median Elkton Tax Bill
$1,342
Median Rockingham County Tax Bill
$1,605
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Elkton, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22827 | $354 | $906 | $1,342 | $1,884 | $2,534 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Rockingham Tax Assessor | |
| Website | rockinghamcountyva.munisselfservice.com |