Property Tax & Income in Staunton city, Virginia
Staunton city has an effective property tax rate of 0.70%. On the median home value of $259,200, that's roughly $1,818 per year. Median household income is $65,581.
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 | Staunton city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.70% | 0.60% |
| Median home value1 | $259,200 | — |
| 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 Staunton city, VA
In Staunton city, Virginia, the median home value of $259,200 carries an annual real-estate tax bill of about $1,818 at the effective rate of 0.701%. Against a median household income of $65,581, that bill absorbs roughly 2.8 cents of every dollar a household earns. Per-capita income sits at $36,608. The statewide median effective rate is 0.601%, so Staunton taxes property somewhat more heavily than Virginia as a whole, ranking 48th among the state's 133 counties. Nationally, the median effective rate is 0.794%, placing this county below that benchmark. The relationship between local earnings and the tax owed is the key figure: with household income near $65,600, the annual property tax takes a share that shapes housing costs for owners across the city.