Tax Rates
Local Rates
| Tax |
Rate |
| Real estate |
$0.1126 per $100 of assessed value |
| Personal property |
$0.45 per $100 of assessed value |
| Mobile homes |
$0.1126 per $100 of assessed value |
| Machinery tools |
$0.45 per $100 of assessed value |
| Furniture / fixtures |
$0.45 per $100 of assessed value |
| Computer equipment |
$0.45 per $100 of assessed value |
| Meals tax |
7.5% in addition to 5% state sales tax |
| Transient lodging tax |
9% in addition to 5% state sales tax |
| Cigarette tax |
$0.40 per pack |
Note: Taxes on real estate, personal property, mobile homes, machinery tools, furniture/fixtures, and computer equipment are all due by December 5th of each year. As a town resident, these taxes are assessed separately by both Christiansburg and Montgomery County. Please see Montgomery County's
website for their tax rates.