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.