Port Republic, Rockingham County, Virginia Property Taxes
Property Taxes in Port Republic, Virginia
Median Port Republic, Virginia effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Port Republic, Virginia home value: $268,700
Median annual Port Republic, Virginia tax bill: $1,822, lower than the national median property tax bill of $2,400.
How are property taxes in Rockingham calculated?
Property taxes in Port Republic, Virginia are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Port Republic's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Port Republic, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Port Republic, Rockingham County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$1,827
$1,696
How Does the Port Republic Property Tax Calculator Work?
Use this Port Republic property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Port Republic's median effective tax rate of 0.68% — based on actual property records in Rockingham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Port Republic's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Port Republic: rates range from 0.68% in 24471 to 0.68% in 24471, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Port Republic.
About Port Republic Property Taxes
About Property Taxes in Port Republic, Rockingham, Virginia
Port Republic’s median effective property tax rate of 0.68% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Rockingham County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Port Republic. Homeowners in the 24471 ZIP code carry a median effective rate of 0.68%, while those in the lowest ZIP code also pay 0.68%. This spread reflects how school district boundaries and local assessment districts are drawn across Rockingham County. Understanding which part of Port Republic you live in can make a meaningful difference to your annual tax bill.
Port Republic homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before June 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Port Republic, Rockingham County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Port Republic's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Port Republic Tax Rate
0.68%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Rockingham County Tax Rate
0.68%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Port Republic, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24471 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Port Republic, Rockingham County, Virginia
When examining property taxes in Port Republic, Virginia, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Rockingham County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Rockingham County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of March.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For Port Republic, the median home price is $268,700, and the median tax bill is $1,822, compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400. The highest median home price is in 24471 at $268,700.
Property Tax Assessment Values Across Port Republic, Rockingham County, Virginia
Source: Ownwell
$116,500
$2,015,250
$3,914,000
Median Port Republic Market Value
$268,700
Median Rockingham County Market Value
$236,200
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Port Republic, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24471 | $125,492 | $188,500 | $268,700 | $351,300 | $493,860 |
Source: Ownwell
Property Tax Bills Across Port Republic, Rockingham County, Virginia
Property tax bills in Port Republic are based on the assessed value of a home and the local tax rate set for Rockingham County. When a property’s market value changes, the assessed value can change too, which affects the amount owed each year. Homeowners are taxed on the value of their real estate, not on what they paid for it, so two similar homes can have different bills if their assessments differ.
With a median home price of $268,700, the typical property tax bill in this area is $1,822, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $1,283 and the 75th percentile at $2,392. For higher-valued properties, the 90th percentile reaches $3,361.
These taxes help fund local services, but they also directly affect monthly housing costs and long-term affordability for homeowners.
Property Tax Bills Across Port Republic, Rockingham County, Virginia
Source: Ownwell
$795
$13,705
$26,615
Median Port Republic Tax Bill
$1,822
Median Rockingham County Tax Bill
$1,605
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Port Republic, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24471 | $840 | $1,283 | $1,822 | $2,392 | $3,361 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Rockingham Tax Assessor | |
| Website | rockinghamcountyva.munisselfservice.com |