Shenandoah, Rockingham County, Virginia Property Taxes

Name: Property Tax Bills Across Shenandoah, Rockingham County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Shenandoah, VA effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Shenandoah, VA home value: $244,200
Median annual Shenandoah, VA tax bill: $1,592, $808 lower than the national median property tax bill of $2,400.

How are property taxes in Rockingham calculated?

Property taxes in Shenandoah, VA 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 Shenandoah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shenandoah, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Shenandoah, Rockingham County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$1,661

$1,541

Ownwell’s SHENANDOAH Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in SHENANDOAH with just two data points.

By entering your property's estimated assessed value, our calculator applies SHENANDOAH’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Rockingham County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shenandoah, Rockingham County, Virginia

Local government entities set tax rates, and this can result in significant variations within a state. Each year, counties estimate the necessary budget to provide essential services and divide this by the total value of all taxable property within their area. This process determines the property tax rate. While votes and legislative measures influence the setting of tax rates and budgets, this annual process is the core mechanism.

In Shenandoah, located in Rockingham County, Virginia, the effective property tax rate is a point of interest. When compared to other cities in Virginia, Shenandoah's rate is competitive, aligning closely with the state's median property tax rate. This is notably below the national median property tax rate of 1.02%. For homeowners in Shenandoah, this means potentially lower property tax bills compared to the national average. Understanding these nuances can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Shenandoah, Rockingham County, Virginia

Source: Ownwell

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 Shenandoah Tax Rate

0.68%

Median Effective Rockingham County Tax Rate

0.68%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shenandoah, Rockingham County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
22849	0.36%	0.68%	0.68%	0.68%	0.68%

Source: Ownwell

Property Tax Assessment Values Across Shenandoah, Rockingham County, Virginia

When examining property taxes in Shenandoah, VA, 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 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.

In Rockingham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Shenandoah. For example, the median home price in Shenandoah is $244,200, with tax bills ranging significantly across the county. ZIP code 22849 has the highest median home price at $244,200.

Property Tax Assessment Values Across Shenandoah, Rockingham County, Virginia

Source: Ownwell

$144,500

$236,750

$329,000

Median Shenandoah Market Value

$244,200

Median Rockingham County Market Value

$237,400

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shenandoah, Rockingham County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
22849	$84,280	$176,700	$244,200	$349,700	$496,680

Source: Ownwell

Property Tax Bills Across Shenandoah, Rockingham County, Virginia

In Shenandoah, located in Rockingham County, VA, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. With a median home price of $244,200, the tax bill can vary significantly. For example, homeowners in the 25th percentile pay approximately $1,052, while those in the 75th percentile face a bill around $2,120, and the 90th percentile sees taxes as high as $2,900. These figures highlight the variability in property tax bills, influenced by factors such as property value and location within the city. Compared to the national median property tax bill of $2,400, Shenandoah's taxes can be more favorable for some homeowners. Ownwell offers a way to potentially reduce these costs by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and ensuring it's fair, Ownwell can help you save on your property tax bill, ensuring you only pay what's necessary.

Property Tax Bills Across Shenandoah, Rockingham County, Virginia

Source: Ownwell

$859

$1,529

$2,198

Median Shenandoah Tax Bill

$1,592

Median Rockingham County Tax Bill

$1,584

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Shenandoah, Rockingham County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
22849	$240	$1,052	$1,592	$2,120	$2,900

Source: Ownwell