Taxes. Everyone's got to pay them, and they never go down. That's the bad news.
The good news is that by paying taxes, we're contributing to the infrastructure that makes the New River Valley such a great place to live. But how the heck do they come up with the amount you need to pay? Well, it's based on the rate that's voting on by the various municipalities, and they're detailed below. You'll note that some have TWO rates - one is the Town or City rate, added to the County rate. And should you need more information about a particular location, feel free to use the phone numbers below to contact the taxing authority.
To calculate current yearly tax, take the current assessed value of
the home, divide by 100 and multiply by the current tax rate.
The assessed value of the home is $250000 and the home is in Blacksburg:
$250000/100 = 2500 x .93 = 2325 Yearly tax $2325
The following rates are current as of July 1, 2008
Locale
| Tax Rate
| Phone Number
|
| Blacksburg | $.22 + $.71 = $.93
| 540-961-1105
|
Bland County
| $.69
| 540-688-3741
|
Christiansburg
| $.144 + $.71 = $.854
| 540-382-9519 |
Craig County
| $.52 | 540-864-6241
|
Floyd County
| $.60 | 540-745-9345
|
Giles County
| $.63 | 540-626-7067 |
Montgomery County
| $.71
| 540-382-5717
|
Pulaski County
| $.62 | 540-980-7785 |
Radford City
| $.73 | 540-731-3661 |
Rich Creek
| $.22 + $.63 = $.85
| 540-726-3260 |
Town of Floyd
| $.60
| 540-745-9435
|
Town of Pulaski
| $.32 + $.62 = $.94
| 540-994-8640
|
Town of Narrows
| $.34 + $.63 = $.97
| 540-726-2423
|
Town of Pearisburg
| $.29 + $.63 = $.92
| 540-921-0340
|
Town of Pembroke
| $.30 + $.63 = $.93
| 540-626-7191
|
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