Roanoke County has the second-highest tax rate in the state, up there with the Northern Virginia tall cotton.
According to published taxation records, the highest real estate taxed counties in Virginia in 2008 were:
- Loudoun County – $1.14/M
- Roanoke Country – $1.09/M
- Chesterfield County – $0.97/M
- Prince William County – $0.97/M
- Fairfax County – $0.92/M
Real estate taxes are assessed typically at a fixed dollar amount per $100 of value of a piece of real property. For example, in Roanoke County, the real estate tax rate is $1.09/M, or said differently, $1.09 for every $100 of value in your home. You can calculate the tax rate by dividing the tax assessed value of your home by 100, then multiplying that number by the tax rate of $1.09.
For example, if your home is tax assessed at $150,000 you would calculate as follows:
($150,000 ÷ 100) X $1.09 = $1,635 (this is what you owe in taxes)
