Real Estate Tax Rates in the New River Valley

New real estate tax rates have been updated across the New River Valley, and you can find the latest real estate rates in the table below. These are current as of August 2011.

When making a mortgage payment every month, one of the pieces of that payment includes your real estate taxes.  These amounts will vary from locality to locality, and in some cases a municipality will have TWO rates – one rate will be for the City or Town, and the other rate will be for the corresponding County.  Feel free to use the phone numbers below to contact the taxing authority if you have questions.*

The good news is that by paying taxes, we’re contributing to the infrastructure that makes the New River Valley such a great place to live.  But how the heck do they come up with the amount you need to pay?  Well, it’s based on the rate that’s voting on by the various municipalities, and they’re detailed below.  And should you need more information about a particular location, feel free to use the phone numbers below to contact the taxing authority.

To calculate current yearly tax, take the current assessed value of the home, divide by 100 and multiply by the current tax rate.

The assessed value of the home is $250000 and the home is in Blacksburg:
$250000/100 = 2500 x .97 = 2425           Yearly tax $2425

Locale Tax Rate Phone Number
Blacksburg $.22 + $.75 = $.97 540-961-1105
Bland County $.55 540-688-3741
Christiansburg $.1126 + $.75 = $.8626 540-382-9519
Craig County $.56 540-864-6241
Floyd County $.50 540-745-9345
Giles County $.54 540-626-7067
Montgomery County $.74 540-382-5717
Pulaski County $.54 540-980-7785
Radford City $.76 540-731-3661
Rich Creek $.20 + $.54 = $.74 540-726-3260
Town of Floyd $.47 540-745-9435
Town of Pulaski $.30 + $.54 = $.84 540-994-8640
Town of Narrows $.38 + $.54 = $.92 540-726-2423
Town of Pearisburg $.27 + $.54 = $.81 540-921-0340
Town of Pembroke $.30 + $.54 = $.84 540-626-7191
Wythe County $.44 276-223-6070

* Tax information is assumed reliable – contact the local Commissioner of the Revenue for more information.  Updated 8/22/11.

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