Property Tax & Income in Roanoke city, Virginia
Roanoke city has an effective property tax rate of 0.99%. On the median home value of $190,500, that's roughly $1,893 per year. Median household income is $55,378.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Roanoke city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.99% | 0.60% |
| Median home value1 | $190,500 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Roanoke city, VA
In Roanoke city, Virginia, the median home value of $190,500 produces an annual property tax bill of about $1,893, based on an effective rate of 0.994%. Against a median household income of $55,378, that tax equals roughly 3.4 cents of every dollar a household earns. The city's rate sits well above Virginia's statewide median of 0.601%, and it ranks 7th among the state's 133 counties for property tax rate. Nationally, the median effective rate is 0.794%, so Roanoke also lands above that benchmark. Per-capita income comes in at $36,576. What this means is that property taxes take a larger bite out of local paychecks than in most Virginia communities, even though the dollar amount itself stays under $2,000.