Rockingham County, Virginia Property Taxes
The median property tax rate in Rockingham is 0.68%, which is significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Rockingham at $237,400, the typical annual property tax bill is $1,584, well below the national median of $2,690. Property taxes in Rockingham are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rockingham's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Harrisonburg or another part of Rockingham, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rockingham County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$1,614
$1,498
Ownwell’s Rockingham Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rockingham with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rockingham to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rockingham County, Virginia
Property taxes in Rockingham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rockingham County is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Rockingham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rockingham County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Rockingham County's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Bergton has one of the higher property tax rates in Virginia at 0.68%, while the city of Bergton also boasts one of the lowest at 0.68%. Analyzing how Rockingham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rockingham County Tax Rate
0.68%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockingham County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergton | 0.39% | 0.62% | 0.68% | 0.68% | 0.68% |
| Bridgewater | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Broadway | 0.65% | 0.68% | 0.68% | 0.68% | 0.68% |
| Criders | 0.40% | 0.56% | 0.68% | 0.68% | 0.68% |
| Dayton | 0.51% | 0.68% | 0.68% | 0.68% | 0.68% |
| Elkton | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Fulks Run | 0.48% | 0.68% | 0.68% | 0.68% | 0.68% |
| Grottoes | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Harrisonburg | 0.40% | 0.68% | 0.68% | 0.68% | 0.68% |
| Hinton | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Keezletown | 0.38% | 0.68% | 0.68% | 0.68% | 0.68% |
| Lacey Spring | N/A | N/A | N/A | N/A | N/A |
| Linville | 0.41% | 0.64% | 0.68% | 0.68% | 0.68% |
| Mcgaheysville | N/A | N/A | N/A | N/A | N/A |
| Mc Gaheysville | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Mount Crawford | 0.42% | 0.68% | 0.68% | 0.68% | 0.68% |
| New Market | 0.38% | 0.62% | 0.68% | 0.68% | 0.68% |
| Penn Laird | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Port Republic | 0.53% | 0.68% | 0.68% | 0.68% | 0.68% |
| Rockingham | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Shenandoah | 0.36% | 0.68% | 0.68% | 0.68% | 0.68% |
| Singers Glen | 0.49% | 0.68% | 0.68% | 0.68% | 0.68% |
| Timberville | 0.60% | 0.68% | 0.68% | 0.68% | 0.68% |
| Weyers Cave | 0.64% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Rockingham County, Virginia
In Rockingham County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rockingham County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Rockingham County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the highest median tax bill in the county is found in McGaheysville at $27,234, while the lowest is in Harrisonburg at $966. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Rockingham County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Rockingham County, Virginia
Source: Ownwell
$144,500
$236,750
$329,000
Average Rockingham County Assessed Value
$237,400
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rockingham County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergton | $38,040 | $102,400 | $173,700 | $260,600 | $363,940 |
| Bridgewater | $151,120 | $205,425 | $260,900 | $340,500 | $460,580 |
| Broadway | $104,880 | $148,950 | $208,400 | $282,750 | $396,380 |
| Criders | $40,680 | $77,450 | $171,250 | $253,300 | $376,810 |
| Dayton | $96,000 | $162,625 | $233,800 | $337,375 | $529,400 |
| Elkton | $68,050 | $136,575 | $199,350 | $284,250 | $396,770 |
| Fulks Run | $30,800 | $85,600 | $156,400 | $257,700 | $361,200 |
| Grottoes | $102,800 | $153,625 | $193,300 | $251,300 | $301,970 |
| Harrisonburg | $16,470 | $51,650 | $160,150 | $302,875 | $439,320 |
| Hinton | $40,440 | $100,200 | $152,800 | $237,000 | $367,360 |
| Keezletown | $109,700 | $171,425 | $246,000 | $364,275 | $588,240 |
| Lacey Spring | N/A | N/A | N/A | N/A | N/A |
| Linville | $84,430 | $153,700 | $240,100 | $393,575 | $610,400 |
| Mcgaheysville | N/A | N/A | N/A | N/A | N/A |
| Mc Gaheysville | $175,800 | $215,100 | $282,800 | $355,600 | $451,500 |
| Mount Crawford | $120,620 | $182,050 | $271,100 | $426,100 | $672,660 |
| New Market | $113,900 | $153,100 | $242,300 | $314,100 | $529,400 |
| Penn Laird | $144,450 | $216,250 | $329,000 | $426,600 | $545,220 |
| Port Republic | $125,400 | $189,000 | $275,200 | $378,725 | $558,940 |
| Rockingham | $154,410 | $205,875 | $286,700 | $413,825 | $581,870 |
| Shenandoah | $84,280 | $176,700 | $244,200 | $349,700 | $496,680 |
| Singers Glen | $61,210 | $134,950 | $219,850 | $322,475 | $478,630 |
| Timberville | $104,310 | $142,100 | $178,750 | $247,950 | $392,470 |
| Weyers Cave | $132,680 | $160,100 | $235,900 | $318,000 | $424,120 |
Source: Ownwell
Property Tax Bills Across Rockingham County, Virginia
In Rockingham County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the county’s property tax rate. For homeowners in Rockingham County, the median home price is $237,400. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,106 and the 75th percentile tax bill at $2,221. At the higher end, the 90th percentile tax bill reaches $3,073. Homeowners in Rockingham County experience a range of property tax bills influenced by factors such as home value, location, and any applicable exemptions. For instance, McGaheysville has the highest median tax bill at $27,234, while Harrisonburg has the lowest at $966. This variation impacts homeowners differently, affecting their annual financial planning and potentially influencing their decisions about buying or selling property. Compared to the national median property tax rate of 0.99%, Rockingham County's property tax landscape presents a diverse financial environment for its residents.
Average Rockingham County Tax Bill
$1,584
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockingham County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bergton | $208 | $587 | $1,098 | $1,571 | $2,001 |
| Bridgewater | $1,001 | $1,382 | $1,756 | $2,275 | $3,026 |
| Broadway | $631 | $992 | $1,375 | $1,864 | $2,497 |
| Criders | $227 | $468 | $1,062 | $1,519 | $2,168 |
| Dayton | $598 | $1,085 | $1,558 | $2,176 | $3,067 |
| Elkton | $345 | $900 | $1,333 | $1,880 | $2,529 |
| Fulks Run | $188 | $509 | $1,008 | $1,604 | $2,228 |
| Grottoes | $671 | $1,044 | $1,310 | $1,700 | $2,053 |
| Harrisonburg | $80 | $272 | $966 | $1,922 | $2,941 |
| Hinton | $261 | $677 | $1,035 | $1,590 | $2,384 |
| Keezletown | $524 | $1,080 | $1,583 | $2,203 | $3,081 |
| Lacey Spring | N/A | N/A | N/A | N/A | N/A |
| Linville | $428 | $991 | $1,479 | $2,361 | $3,177 |
| Mcgaheysville | N/A | N/A | N/A | N/A | N/A |
| Mc Gaheysville | $1,181 | $1,463 | $1,914 | $2,393 | $3,009 |
| Mount Crawford | $744 | $1,184 | $1,761 | $2,590 | $3,586 |
| New Market | $354 | $981 | $1,467 | $2,064 | $3,102 |
| Penn Laird | $958 | $1,448 | $2,198 | $2,873 | $3,537 |
| Port Republic | $816 | $1,267 | $1,813 | $2,387 | $3,327 |
| Rockingham | $1,024 | $1,381 | $1,924 | $2,706 | $3,718 |
| Shenandoah | $240 | $1,052 | $1,592 | $2,120 | $2,900 |
| Singers Glen | $325 | $877 | $1,411 | $2,029 | $2,878 |
| Timberville | $602 | $947 | $1,196 | $1,651 | $2,403 |
| Weyers Cave | $858 | $1,088 | $1,585 | $2,073 | $2,603 |
Source: Ownwell