Martinsville city Property Taxes
Martinsville city, Virginia
Effective Tax Rate
0.00%
61.9% below state avgMedian Annual Tax
$0
$62/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.81%
At a Glance
Median Home Value
$92,500
State avg ▼ $278,065
Tax w/ Mortgage/yr
$797
$66/mo escrow
Tax w/o Mortgage/yr
$673
$56/mo
State Tax Rate Rank
#105
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Martinsville city, Virginia
Martinsville taxes moderate on dollar amount
Martinsville's effective tax rate of 0.806% sits above the national average as a percentage, yet the median annual property tax is just $746—far below the national median of $2,690. This reflects Martinsville's lower median home values combined with a higher-than-average tax rate.
Above-average rate within Virginia
Martinsville charges 0.806%, modestly above Virginia's 0.671% average, ranking in the upper-middle tier of the state's jurisdictions. Despite the higher rate percentage, the city's lower home values keep absolute tax bills modest.
Mid-range among regional options
Martinsville's 0.806% rate falls between Lynchburg city (0.840%) and Madison County (0.594%). It's significantly higher than the lowest-taxed counties like Lunenburg (0.436%), but lower than Manassas-area cities.
Median annual tax: $746
With a median home value of just $92,500 and a 0.806% effective rate, the typical Martinsville homeowner pays $746 per year in property taxes—roughly $62 monthly. This is among the lowest absolute tax bills statewide.
Even modest assessments deserve review
Although Martinsville's property tax bills are relatively low in absolute terms, homeowners shouldn't assume their assessments are correct. Overvaluation can still occur, and even modest reductions in assessed value provide meaningful savings.
How Martinsville city Compares
Median Annual Property Tax
Martinsville city
0.81%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Martinsville city, Virginia?
How much are property taxes in Martinsville city?
How does Martinsville city compare to the Virginia average?
What is the median home value in Martinsville city, Virginia?
Why is Martinsville city property tax rate higher than the Virginia average?
How does Martinsville city rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.