Personal Property Taxes
All cities and counties in Virginia have a personal property tax. Roanoke County taxes the following types of personal property:
- Aircraft
- Boats
- Buses
- Cars
- Motor homes
- Motorcycles
- Semitrailers
- Trailers
- Trucks
This tax is assessed by the Commissioner of the Revenue while taxes are paid to the Treasurer’s Office. Real estate assessments are determined by Real Estate Valuation each year based upon the fair market value as of January 1 of that year.
Current Tax Rates
The following tax rates were adopted by the Roanoke County Board of Supervisors on April 11, 2023.
Category
| Tax
|
|---|
| Tangible Business Personal Property | $3.40 per $100 assessed valuation |
| Business Personal Property - Machinery and Tools | $2.80 per $100 assessed valuation |
| Personal Property - Vehicles | $3.40 per $100 assessed valuation |
| Real Estate | $1.06 per $100 assessed valuation |
For More Information
Assessing property is an involved process. If you have any questions or would like more precise details, please contact Real Estate Valuation at 540-772-2035.