Property Tax in Floyd County, Virginia

In Floyd County, Virginia, the median property tax is $1,245/year — an effective tax rate of 0.55%. The median home value is $225,400.

Median Tax / Year $1,245
Effective Rate 0.55%
Median Home Value $225,400
Median Income $62,191

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Enter your home value in our property tax calculator to see how much you would pay annually and monthly in Floyd County.

How Floyd County Compares

Metric Floyd County Virginia Avg U.S. Avg
Effective Tax Rate 0.55% 0.65% 0.92%
Median Tax / Year $1,245 $2,023 $1,630
Median Home Value $225,400 $295,807 $227,706

Market Analysis

Floyd County's effective property tax rate of 0.55% is 15.6% below the Virginia state average and 40.0% below the U.S. national average. This is a low-tax jurisdiction relative to most U.S. counties.

📝 Property Tax Insight

Analysis for Floyd County is being generated. Check back soon for detailed property tax insights.

Frequently Asked Questions

What is the property tax rate in Floyd County?

The effective property tax rate in Floyd County is 0.55%, based on the median property tax paid ($1,245) divided by the median home value ($225,400).

How does Floyd County compare to the rest of Virginia?

Floyd County's rate is 15.6% below the Virginia state average of 0.65%. See the full Virginia breakdown.

Can I appeal my property tax assessment in Floyd County?

Yes. Most U.S. counties allow property owners to appeal their assessed value. See our Appeal Guide for the process and deadlines.

What exemptions are available in Virginia?

Virginia offers various exemptions, including homestead, senior citizen, veteran, and disability exemptions. See our Exemptions Guide.

Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100. This page is for informational purposes only and does not constitute tax or legal advice.