Montgomery County, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 20,105.
The median annual property tax in Montgomery County is $2,174, which is 11% higher than the Virginia state average and 13% above the national average. The effective tax rate is 0.77% on a median home value of $283,600. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$2,174
+11% vs State
+13% vs US
Median Home Value
$283,600
+2% vs State
+34% vs US
Effective Tax Rate
0.77%
+15% vs State
-19% vs US
With vs Without Mortgage
With Mortgage
$2,221
$185/mo
Without Mortgage
$2,108
$176/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,174 +6.3% | 0.77% |
| 2022 | $2,046 +10.9% | 0.76% |
| 2021 | $1,845 -1.6% | 0.78% |
| 2020 | $1,875 +2.1% | 0.82% |
| 2019 | $1,836 | 0.81% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$70,769
per year
Monthly Tax
$181
per month
Other Counties in Virginia
Norfolk city
Tax: $2,738/yr Rate: 1.01%
Southampton County
Tax: $1,380/yr Rate: 0.66%
Mecklenburg County
Tax: $826/yr Rate: 0.49%
Charles City County
Tax: $1,354/yr Rate: 0.60%
Rockingham County
Tax: $1,532/yr Rate: 0.53%
Emporia city
Tax: $990/yr Rate: 0.76%
Frequently Asked Questions
What is the average property tax in Montgomery County, Virginia? ▼
The median annual property tax in Montgomery County is $2,174 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.77% on a median home value of $283,600.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 13% above the national average of $1,923. The effective rate of 0.77% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $2,221 in annual property taxes, while homeowners without a mortgage pay $2,108. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 3.1% of the median household income of $70,769. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.