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Virginia · County property tax · ACS 2024

Radford city Property Taxes

The median homeowner in Radford city pays $1,581 a year, an effective rate of 0.72%, notably lower than the U.S. average.

$1,581
Median tax / yr · Below-median bill
0.72%
Effective rate · Below-median rate
-21%
vs U.S. average
#43 of 133
rank in VA

The verdict

Homeowners in Radford city pay a median $1,581 a year in property tax, an effective rate of 0.72%, more affordable than 58% of U.S. counties (Census ACS 2024).

$1,581
Median annual tax bill, 2024
0.72%
Effective rate on median home
#1325 of 3135
U.S. counties by tax burden
-21%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($220,700). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Virginia. Population: 16,726. Owner-occupied homes: 2,343.

The median annual property tax in Radford city is $1,581, which is 43% lower than the Virginia state average and 21% below the national average. The effective tax rate is 0.72% on a median home value of $220,700. Property taxes represent 2.8% of the median household income in this county.

Radford city's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Radford city's 0.72% effective rate sits near the middle of 3,135 tracked counties (more affordable than 58%).

Decision signal 2

The bill sits below the Virginia median

Homeowners in Radford city pay a median annual property tax of $1,581, notably lower than the national median and well below the Virginia state median. On a $220,700 median home, that works out to an effective rate of 0.72% once the local assessment base and millage are combined.

Decision signal 3

Near the middle of Virginia counties by effective rate

Radford city ranks #43 of 133 counties in Virginia by effective rate (68% of in-state counties pay a lower rate).

Decision signal 4

The latest release moved the bill up

Since 2023, the published ACS median estimate has ticked up 6.3%, from $1,488 to $1,581. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.

Decision signal 5

Income and the tax bill sit in the middle band

Property taxes in Radford city run within the commonly cited 2%-4% national benchmark, at about 2.8% of the $57,348 median household income.

Informational notice

Figures describe the median homeowner household in Radford city 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.

Median Annual Tax
$1,581
Below-median bill
-43% vs State -21% vs US
Median Home Value
$220,700
-42% vs State -3% vs US
Effective Tax Rate
0.72%
Below-median rate
-1% vs State -22% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 31% from $1,203 to $1,581. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The fullest band here is the $800 to $1,499 range, holding 631 of 2,343 owner-occupied homes (26.9%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.

Both figures cluster near the middle of the national range, and the median bill comes to 2.8% of median household income. Counties like this are the reason a national average exists at all, and also the reason it explains so little.

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 Radford city Homeowners Actually Pay

The single largest group of Radford city homeowners, 631 of 2,343 owner-occupied homes (26.9%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.

  • Less than $800 14.8% (347)
  • $800 to $1,499 26.9% (631)
  • $1,500 to $1,999 25.9% (606)
  • $2,000 to $2,999 14.9% (349)
  • $3,000 or more 9.4% (220)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

190 homes here (8.1%) report no real estate tax at all. Exemptions are set by state: how Virginia handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$1,533
$128/mo
Without Mortgage
$1,638
$137/mo

Mortgaged and non-mortgaged homeowners in Radford city pay about the same bill, within a 6% gap either way.

Radford city's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Radford city 0.72%
Virginia average 0.73%
U.S. average 0.92%

Radford city's effective rate is higher than 68% of the 133 counties in Virginia - ranking #43 of 133.

Where Radford city sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.72% more affordable than 58% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

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

What changed since 2020

The median bill in Radford city moved from $1,203 in the 2020 release to $1,581 in 2024, a change of about 31%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.

Radford city vs Benchmarks

Metric Radford city Virginia Avg U.S. Avg
Median Annual Tax Below-median bill $1,581 $2,790 $1,993
Effective Tax Rate Below-median rate 0.72% 0.73% 0.92%
Median Home Value $220,700 $383,700 $227,791
Tax as % of income Above-median income burden 2.8% - -

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.

Radford city is UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Virginia counties.

Radford city rate trail · UNDER

$1,100$1,200$1,300$1,400$1,500$1,600 20202021202220232024 $1,581
Radford city ACS median tax 2020–2024: +31% ($1,203 → $1,581).
Year Median Tax (vs prior release) Effective Rate
2024 $1,581 +6.3% 0.72%
2023 $1,488 +6.5% 0.70%
2022 $1,397 +9.5% 0.68%
2021 $1,276 +6.1% 0.73%
2020 $1,203 0.70%

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.

Radford city: tax-to-income at 2.8%

Tax-to-Income Ratio
2.8%
of median household income
Median Income
$57,348
per year
Monthly Tax
$132
per month

Counties near Radford city's effective rate

On effective rate, Radford city sits nearest Noble County (OH), Bottineau County (ND), Mora County (NM).

On published median-tax change, the nearest matches are Sargent County (ND), Atascosa County (TX), Mercer County (ND).

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.

Radford city: only 3% of returns show Schedule A real-estate tax

Tax year 2022: 180 of 5,840 returns from Radford city reported real estate taxes, averaging $3,194 - 33% 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

View all counties in Virginia →

Radford city rate FAQs

How does Radford city property tax compare to the national average?
Property taxes in Radford city run notably lower than the national median of $1,993, an effective rate of 0.72% versus 0.92% nationally.
What is the average property tax in Radford city, Virginia?
The median annual property tax in Radford city is $1,581, an effective rate of 0.72% on a $220,700 median home (Census ACS, 2024).
What is the tax affordability score for Radford city?
Radford city, Virginia scores C (56/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-105). 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.
Are property taxes increasing in Radford city?
The ACS median property-tax bill for Radford city is recorded at $1,581 in the 2024 5-year release against $1,203 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 2,343 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
What percentage of income goes to property taxes in Radford city?
Property taxes in Radford city run within the commonly cited 2%-4% national benchmark, at about 2.8% of the $57,348 median household income.

What to do with Radford city's UNDER rate

Inside Virginia, Radford city's $1,581 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Virginia overview →

Radford city ranks #43 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 Radford city'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: 0.72%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $1,581/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Radford city

Nearest ABS(median_tax) ACS peers for Radford city (UNDER · MID), replacing the old fixed Keep exploring strip.

UNDER MID

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 Radford city (UNDER · MID) - ACS medians, not a parcel bill.