Shenandoah, Rockingham County, Virginia Property Taxes
Property Taxes in Shenandoah, Virginia
Median Shenandoah, 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 Shenandoah, Virginia home value: $234,500
Median annual Shenandoah, Virginia tax bill: $1,595, lower than the national median property tax bill of $2,400.
How are property taxes in Rockingham calculated?
Property taxes in Shenandoah, 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 Shenandoah's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shenandoah, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Shenandoah, 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
$1,595
$1,480
How Does the Shenandoah Property Tax Calculator Work?
Use this Shenandoah property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Shenandoah'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 appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Shenandoah'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 Shenandoah: rates range from 0.68% in 22849 to 0.68% in 22849, 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 Shenandoah.
About Shenandoah Property Taxes
About Property Taxes in Shenandoah, Rockingham, Virginia
Shenandoah’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 Shenandoah. Homeowners in ZIP code 22849 carry a median effective rate of 0.68%, while the same ZIP also reflects a median tax bill of $1,595. Understanding how assessed value and local taxing districts affect your bill can make a meaningful difference to your annual property taxes.
Shenandoah homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
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 Shenandoah, 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 Shenandoah'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 Shenandoah 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 Shenandoah, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22849 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Shenandoah, Rockingham County, Virginia
When examining property taxes in Shenandoah, 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Shenandoah.
For example, the median home price in Shenandoah is $234,500, with tax bills ranging significantly across the county. 22849 has the highest median home price at $234,500.
Property Tax Assessment Values Across Shenandoah, Rockingham County, Virginia
Source: Ownwell
$116,500
$2,015,250
$3,914,000
Median Shenandoah Market Value
$234,500
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 Shenandoah, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22849 | $57,286 | $157,100 | $234,500 | $336,700 | $454,012 |
Source: Ownwell
Property Tax Bills Across Shenandoah, Rockingham County, Virginia
Property tax bills in Shenandoah are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. Homeowners in Shenandoah should also know that exemptions or appeals can affect what they ultimately owe.
The median home price in Shenandoah is $234,500, and the median property tax bill is $1,595, which is below the national median property tax bill of $2,400. For many homeowners, this means property taxes are a meaningful but manageable part of ownership costs. Tax bills can vary widely, with the 25th percentile at $1,053 and the 75th percentile at $2,290, showing how differences in assessed value and local rates can shape what each homeowner pays.
Median Shenandoah Tax Bill
$1,595
Median Rockingham County Tax Bill
$1,605
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Shenandoah, Rockingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22849 | $256 | $1,053 | $1,595 | $2,290 | $3,087 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Rockingham Tax Assessor | |
| Website | rockinghamcountyva.munisselfservice.com |