Roanoke, VA Property Tax Rates

Compare property tax rates across 9 ZIP codes in Roanoke, Virginia.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.94%

Avg Annual Tax

$2,364

Avg Home Value

$273,689

ZIP Codes

9

Property Tax Overview: Roanoke, VA

Roanoke has 9 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.94%, which is 40% above the Virginia average of 0.67%. Annual property taxes range from $5,987 (ZIP 24011) to $1,370 (ZIP 24016).

For a home at Roanoke's median value of $273,689, property taxes add approximately $215/month to housing costs. Roanoke home values are below the Virginia median of $315,212, which moderates the overall monthly tax burden.

Property tax rates within Roanoke vary by 0.44 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Roanoke, VA

ZIP CodeEffective RateMedian TaxMedian Home Value
240110.71%$5,987$839,300
240140.84%$2,185$260,300
240180.84%$2,753$327,600
240190.91%$2,167$237,900
240150.97%$2,430$251,000
240130.99%$1,104$111,500
240121.01%$1,785$177,000
240171.07%$1,493$139,800
240161.15%$1,370$118,800

Roanoke vs Virginia Average

Effective Tax Rate

Roanoke0.94%
Virginia Avg0.67%

40% above state average

Annual Property Tax

Roanoke$2,364
Virginia Avg$2,243

Median Home Value

Roanoke$273,689
Virginia Avg$315,212

Frequently Asked Questions

What is the average property tax rate in Roanoke, VA?

The average effective property tax rate in Roanoke, Virginia is 0.94%, based on 9 ZIP codes.

How much is property tax in Roanoke, VA?

The average median annual property tax in Roanoke is $2,364 per year, with a median home value of $273,689.

Which ZIP code in Roanoke has the lowest property tax rate?

ZIP code 24011 has the lowest effective tax rate in Roanoke at 0.71%, with a median annual tax of $5,987.

How many ZIP codes are in Roanoke, VA?

Roanoke, Virginia has 9 ZIP codes with property tax data available.

Which ZIP code in Roanoke has the highest property tax rate?

ZIP code 24016 has the highest effective tax rate in Roanoke at 1.15%, with a median annual tax of $1,370.

How do Roanoke property taxes compare to the Virginia average?

Roanoke's average effective rate of 0.94% is 40% above the Virginia state average of 0.67%.

What factors affect property tax rates between ZIP codes in Roanoke?

Property tax rate differences within Roanoke are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Roanoke Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Virginia reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Roanoke, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Roanoke city on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →