Rockbridge County, Virginia Property Taxes

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

Median Rockbridge County effective property tax rate: 0.61%, significantly lower than the national median of 1.02%.
Median Rockbridge County home value: $223,300
Median annual Rockbridge County tax bill: $1,277, $1,123 lower than the national median property tax bill of $2,400.

How are property taxes in Rockbridge County calculated?

Property taxes in Rockbridge County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lexington or another part of Rockbridge County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Rockbridge County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,362

$1,264

Ownwell’s Rockbridge County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rockbridge County with just two data points. By entering your property's estimated assessed value, our calculator applies Rockbridge County’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 more 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 Rockbridge County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Rockbridge County, Virginia

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. In Rockbridge County, Virginia, the effective property tax rate is lower than the national median property tax rate of 1.02%. This makes Rockbridge County an attractive location for property owners seeking lower tax burdens. Within the county, Buchanan boasts the highest median tax rate, while Middlebrook offers the lowest. Comparing Rockbridge County's tax rate to other counties in Virginia or the U.S. median property tax rate can provide valuable insight for prospective homeowners and investors. By understanding these local tax dynamics, property owners can make informed decisions that align with their financial goals.

Property Tax Rates Across Rockbridge County, Virginia

Source: Ownwell

0.56%

0.59%

0.61%

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 Rockbridge County Tax Rate

0.61%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rockbridge County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Brownsburg	0.48%	0.61%	0.61%	0.61%	0.61%
Buchanan	0.61%	0.61%	0.61%	0.61%	0.61%
Buena Vista	0.50%	0.61%	0.61%	0.61%	0.61%
Fairfield	0.41%	0.61%	0.61%	0.61%	0.61%
Glasgow	0.60%	0.61%	0.61%	0.61%	0.61%
Goshen	0.35%	0.61%	0.61%	0.61%	0.61%
Lexington	0.47%	0.61%	0.61%	0.61%	0.61%
Middlebrook	0.29%	0.37%	0.56%	0.61%	0.61%
Natural Bridge	0.37%	0.61%	0.61%	0.61%	0.61%
Natural Bridge Station	0.59%	0.61%	0.61%	0.61%	0.61%
Raphine	0.40%	0.61%	0.61%	0.61%	0.61%
Rockbridge Baths	0.37%	0.57%	0.61%	0.61%	0.61%
Vesuvius	0.46%	0.61%	0.61%	0.61%	0.61%
Steeles Tavern	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Rockbridge County, Virginia

When examining property taxes in Rockbridge County, 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 Rockbridge 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 Rockbridge County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Rockbridge County.

For example, the median tax bill in Rockbridge County is $1,662, with tax bills ranging significantly across the county. Middlebrook has the highest median home price at $382,650.

Property Tax Assessment Values Across Rockbridge County, Virginia

Source: Ownwell

$123,300

$252,975

$382,650

Median Rockbridge County Market Value

$223,300

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rockbridge County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Brownsburg	$72,220	$201,900	$282,500	$387,500	$469,880
Buchanan	$75,940	$149,100	$175,900	$206,500	$333,980
Buena Vista	$70,110	$117,975	$171,150	$279,950	$475,890
Fairfield	$121,840	$175,850	$257,800	$390,800	$561,600
Glasgow	$59,500	$92,200	$137,300	$226,600	$388,600
Goshen	$30,200	$72,800	$123,300	$217,000	$366,840
Lexington	$111,940	$172,800	$272,300	$418,700	$598,120
Middlebrook	$155,100	$251,200	$382,650	$521,625	$841,050
Natural Bridge	$86,320	$134,300	$223,500	$362,200	$607,190
Natural Bridge Station	$37,650	$77,625	$125,450	$187,775	$277,210
Raphine	$123,320	$188,100	$290,500	$477,750	$750,840
Rockbridge Baths	$106,990	$174,000	$280,650	$444,775	$674,990
Vesuvius	$62,210	$112,500	$179,950	$299,450	$434,370
Steeles Tavern	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Rockbridge County, Virginia

In Rockbridge County, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, and this figure is crucial in calculating the final tax bill. For homeowners in Rockbridge, the median home price is $223,300, which is below the national median. The tax bills in this county vary significantly, with the 25th percentile at $767 and the 75th percentile reaching $2,081, indicating a broad range of property values and tax burdens. The highest median tax bill in the area is found in Raphine at $1,662, while Goshen has the lowest at $684. Compared to the national median property tax bill of $2,400, Rockbridge County generally maintains lower tax bills, which can alleviate financial pressure on homeowners. This variance in tax bills can significantly impact homeowners' budgets, influencing decisions about purchasing, maintaining, or selling property in the region.

Property Tax Bills Across Rockbridge County, Virginia

Source: Ownwell

$684

$1,173

$1,662

Median Rockbridge County Tax Bill

$1,277

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Rockbridge County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Brownsburg	$366	$1,089	$1,590	$1,978	$2,528
Buchanan	$463	$910	$1,073	$1,260	$2,037
Buena Vista	$344	$678	$1,022	$1,628	$2,528
Fairfield	$604	$985	$1,471	$2,187	$3,095
Glasgow	$330	$534	$825	$1,373	$2,177
Goshen	$147	$401	$684	$1,177	$1,792
Lexington	$562	$991	$1,550	$2,378	$3,347
Middlebrook	$786	$1,368	$1,628	$2,619	$3,756
Natural Bridge	$430	$774	$1,271	$1,919	$3,152
Natural Bridge Station	$193	$411	$717	$1,084	$1,597
Raphine	$673	$1,010	$1,662	$2,503	$3,579
Rockbridge Baths	$527	$981	$1,552	$2,430	$3,526
Vesuvius	$334	$607	$1,018	$1,673	$2,606
Steeles Tavern	N/A	N/A	N/A	N/A	N/A

Source: Ownwell