Montgomery County Property Taxes

Montgomery County, Virginia

Effective Tax Rate

0.00%

10.9% above state avg

Median Annual Tax

$0

$181/mo escrow

#95 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.77%

vs. Virginia Avg10.9% above
vs. National Avg19.2% below

At a Glance

Median Home Value

$283,600

State avg $278,065

Tax w/ Mortgage/yr

$2,221

$185/mo escrow

Tax w/o Mortgage/yr

$2,108

$176/mo

State Tax Rate Rank

#95

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Montgomery County, Virginia

Montgomery taxes track near national norms

Montgomery's effective tax rate of 0.767% sits slightly above the national median, with a median tax of $2,174 that's 19% lower than the national median of $2,690. The county ranks near the middle nationally, offering moderate tax burden for homeowners.

Slightly above Virginia's average rate

At 0.767%, Montgomery's effective rate exceeds Virginia's state average of 0.671%, ranking it in the higher-tax half of the state's counties. The median tax of $2,174 is 11% above Virginia's state average of $1,960.

Montgomery leads regional tax burden

Among southwestern Virginia counties, Montgomery carries one of the highest effective rates, outpaced only by similar mid-sized college towns in the region. It exceeds Middlesex (0.564%) and Nelson (0.536%), though remains below urban centers like Newport News and Norfolk.

A typical Montgomery home's annual tax

The median-valued home in Montgomery County at $283,600 produces an annual property tax of approximately $2,174. That's about $181 per month—reasonable for a county with strong schools and services.

Appeal your assessment, Montgomery homeowners

If you believe your home is overvalued on the county's books, you have the right to appeal your assessment at no cost. Many homeowners discover errors in assessed value and successfully reduce their tax burden through this simple process.

How Montgomery County Compares

Median Annual Property Tax

Montgomery County$2,174
Virginia State Average$1,960
National Average$1,924

Montgomery County

0.77%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Montgomery County, Virginia?
The effective property tax rate in Montgomery County, Virginia is 0.77%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Montgomery County?
The median annual property tax payment in Montgomery County is $2,174. Homeowners with a mortgage pay a median of $2,221, while those without a mortgage pay $2,108.
How does Montgomery County compare to the Virginia average?
Montgomery County's effective tax rate of 0.77% is higher than the Virginia state average of 0.70%. The median annual property tax in Montgomery County is $2,174, compared to the state average of $1,960.
What is the median home value in Montgomery County, Virginia?
The median home value in Montgomery County, Virginia is $283,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Montgomery County property tax rate higher than the Virginia average?
Montgomery County's effective property tax rate of 0.77% is higher than the Virginia average of 0.70%. This difference of 0.06% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Montgomery County rank for property taxes in Virginia?
Montgomery County ranks #95 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.77% and median annual tax of $2,174, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

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.