22738 Property Tax Rate

Property owners in ZIP code 22738 (Rochelle, Virginia) pay a median of $1,971/year in property taxes on homes valued at $284,500. This translates to an effective tax rate of 0.69%, which is near the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22738 is approximately $164, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $272 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 22738 has lower property taxes. ZIP codes with similar effective rates include 22542 (0.69%) and 22943 (0.69%).

In Rochelle, property taxes represent approximately 2.2% of the median household income of $89,896, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — only local county assessments apply, so Madison County's 0.48% rate is determined entirely by local jurisdiction decisions. If you are age 65 or older, disabled, or a surviving spouse of a military member, contact the Madison County Assessor's Office to apply for the Circuit Breaker tax relief program, which reduces tax liability based on income. File your exemption application with the Madison County Assessor before the county's annual reassessment deadline to ensure benefits apply to your current tax year.