Virginia · County property tax · ACS 2024
Montgomery County Property Taxes
The median homeowner in Montgomery County pays $2,249 a year, an effective rate of 0.74%, notably higher than the U.S. average.
- $2,249
- Median tax / yr · Above-median bill
- 0.74%
- Effective rate · Below-median rate
- +13%
- vs U.S. average
- #41 of 133
- rank in VA
The verdict
Homeowners in Montgomery County pay a median $2,249 a year in property tax, an effective rate of 0.74%, more affordable than 56% of U.S. counties (Census ACS 2024).
- $2,249
- Median annual tax bill, 2024
- 0.74%
- Effective rate on median home
- #1390 of 3135
- U.S. counties by tax burden
- +13%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($304,600). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Virginia. Population: 99,101. Owner-occupied homes: 20,438.
The median annual property tax in Montgomery County is $2,249, which is 19% lower than the Virginia state average and 13% above the national average. The effective tax rate is 0.74% on a median home value of $304,600. Property taxes represent 3.1% of the median household income in this county.
Montgomery County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Montgomery County's 0.74% effective rate sits near the middle of 3,135 tracked counties (more affordable than 56%).
Decision signal 2
Near the middle of Virginia counties by effective rate
Montgomery County ranks #41 of 133 counties in Virginia by effective rate (69% of in-state counties pay a lower rate).
Decision signal 3
The bill is near the usual comparison points
Homeowners in Montgomery County pay a median annual property tax of $2,249, notably higher than the national median and notably lower than the Virginia state median. On a $304,600 median home, that works out to an effective rate of 0.74% once the local assessment base and millage are combined.
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Montgomery County run within the commonly cited 2%-4% national benchmark, at about 3.1% of the $72,715 median household income.
Informational notice
Figures describe the median homeowner household in Montgomery County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
Most of the market's rise reached the bill
The effective rate here moved 9.4% down between 2020 and 2024, a smaller shift than in 62% of U.S. counties. With the median home value rose 32.4%, the median bill rose 19.9% to $2,249: the rate did comparatively little to offset the market.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,875 to $2,249, a gain of 20%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The heaviest band is also the fullest one here: 6,573 of 20,438 owner-occupied homes (32.2%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.
Above-median earnings meet a slightly-below-median rate, and the median bill amounts to 3.1% of median household income. That is the comfortable middle of this dataset, and comfortable middles are easy to overlook when only rankings get published.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Montgomery County Homeowners Actually Pay
The single largest group of Montgomery County homeowners, 6,573 of 20,438 owner-occupied homes (32.2%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 13.4% (2,736)
- $800 to $1,499 15.7% (3,216)
- $1,500 to $1,999 13.8% (2,821)
- $2,000 to $2,999 21.5% (4,385)
- $3,000 or more 32.2% (6,573)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
707 homes here (3.5%) report no real estate tax at all. Exemptions are set by state: how Virginia handles assessments and appeals.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Montgomery County pay about the same bill, a 6% gap.
Montgomery County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Montgomery County's effective rate is higher than 69% of the 133 counties in Virginia - ranking #41 of 133.
Where Montgomery County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.74% more affordable than 56% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Same rate as Virginia, a smaller bill
The effective rate here sits within 1% of the Virginia median, yet the median bill runs 19% below it. When the rate matches and the cheque does not, the difference is in what is being taxed, not how heavily: the same percentage applied to cheaper housing produces $2,249 here. That is why comparing counties on rate alone can invert the answer a homeowner actually cares about.
Montgomery County vs Benchmarks
| Metric | Montgomery County | Virginia Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 3.1% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Montgomery County is UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Virginia counties.
Montgomery County rate trail · UNDER
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,249 +3.4% | 0.74% |
| 2023 | $2,174 +6.3% | 0.77% |
| 2022 | $2,046 +10.9% | 0.76% |
| 2021 | $1,845 -1.6% | 0.78% |
| 2020 | $1,875 | 0.82% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Montgomery County: tax-to-income at 3.1%
Counties near Montgomery County's effective rate
On effective rate, Montgomery County sits nearest Marion County (TX), Jackson County (OR), Columbia County (OR).
On published median-tax change, the nearest matches are Medina County (OH), Prince George's County (MD), Wilson County (TN).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Montgomery County: only 7% of returns show Schedule A real-estate tax
Tax year 2022: 2,440 of 36,020 returns from Montgomery County reported real estate taxes, averaging $4,470 - 39% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Virginia
Montgomery County rate FAQs
- What is the tax affordability score for Montgomery County?
- Montgomery County, Virginia scores D (44/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at B (+$135). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Montgomery County, Virginia?
- The median annual property tax in Montgomery County is $2,249, an effective rate of 0.74% on a $304,600 median home (Census ACS, 2024).
- How does Montgomery County property tax compare to the national average?
- Property taxes in Montgomery County run notably higher than the national median of $1,993, an effective rate of 0.74% versus 0.92% nationally.
- Are property taxes increasing in Montgomery County?
- The ACS median property-tax bill for Montgomery County climbed 19.9% between the 2020 and 2024 5-year releases, from $1,875 to $2,249, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- What percentage of income goes to property taxes in Montgomery County?
- Property taxes in Montgomery County run within the commonly cited 2%-4% national benchmark, at about 3.1% of the $72,715 median household income.
What to do with Montgomery County's UNDER rate
At Montgomery County's 0.74% effective rate, a $304,600 home implies about $2,249/yr - plug in your own assessed value rather than quoting the county median. Estimate your bill →
Montgomery County ranks #41 of 133 Virginia counties by effective rate - on the higher-burden half of the state ACS set. Virginia overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Montgomery County's UNDER effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.74%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,249/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Montgomery County
Nearest ABS(median_tax) ACS peers for Montgomery County (UNDER · MID), replacing the old fixed Keep exploring strip.
UNDER MID
Lee County, GA
ABS(median_tax) peer · $2,250/yr (near-tied bill ABS $1); rate 0.97% vs Montgomery County 0.74%.
Shiawassee County, MI
ABS(median_tax) peer · $2,251/yr (near-tied bill ABS $2); rate 1.31% vs Montgomery County 0.74%.
Polk County, MN
ABS(median_tax) peer · $2,245/yr (near-tied bill ABS $4); rate 1.01% vs Montgomery County 0.74%.
Atascosa County, TX
ABS(median_tax) peer · $2,254/yr (near-tied bill ABS $5); rate 1.29% vs Montgomery County 0.74%.
Virginia county set
State ACS overview for every published Virginia county rate and median bill.
Assessment cycle basics
Montgomery County stamps UNDER · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Montgomery County (UNDER · MID) - ACS medians, not a parcel bill.