The real estate tax rates have been finalized for the 2019-20 fiscal year...
- City of Harrisonburg = $0.86 per $100 of assessed value
- Rockingham County = $0.74 per $100 of assessed value
For some context...
- The Harrisonburg tax rate has increased 10% over the past three years.
- The Rockingham County tax rate has increased 6% over the past three years.
For an even broader context...
- The Harrisonburg tax rate has increased 46% over the past ten years.
- The Rockingham County tax rate has increased 23% over the past ten years.
And to translate it into monthly costs...
- The median sales price in the City of Harrisonburg is $189,500 which would result in a property tax bill of $136/month.
- The median sales price in Rockingham County is $225,000 which would result in a property tax bill of $139/month.