Floyd County, Virginia Tax Rates
Floyd County's real estate tax rate was $0.440 per $100 of assessed value for tax year 2025, per the Virginia DOT Local Tax Rates Survey - one of the lowest county real estate rates in Virginia. The general personal property tax rate was $3.200 per $100, the Machinery and Tools rate was $1.550 per $100, and the Merchants' Capital rate was $3.500 per $100 - a rare nonzero figure. Most Virginia counties levy $0.000 Merchants' Capital because they substituted the Business Tangible Personal Property tax under Code of Virginia § 58.1-3508.1, but Floyd retained the historical framework. Combined sales tax is 5.3%. Floyd is the only Virginia county located entirely on the Blue Ridge Plateau; the Blue Ridge Parkway runs along the eastern edge of the county. Verify current adopted rates with Floyd County before making financial decisions.
Rates verified May 2026. See our methodology for sourcing and update cadence.
Key Takeaways
- County real estate tax rate: $0.440 per $100 of assessed value (tax year 2025 per Virginia DOT Local Tax Rates Survey). One of the lowest county RE rates in Virginia.
- One incorporated town: Town of Floyd (county seat). Inside the town, the DOT TY2025 Table 3 overlay adds RE +$0.058 and TPP +$0.250. Combined real estate inside Town of Floyd: $0.498/$100.
- No Floyd County district levies appear in Virginia DOT TY2025 Table 4. Properties countywide pay only the county rate (plus the small Town of Floyd overlay where applicable).
- General personal property tax rate: $3.200 per $100 (TY2025 per DOT). The Virginia DOT notes that vehicles may be classified as a separate class and taxed at a different rate. Confirm the current personal use vehicle rate with the Floyd County Commissioner of the Revenue.
- PPTRA state relief applies to qualifying personal use vehicles on the first $20,000 of assessed value. The annual relief percentage is set by the county and changes each year. Contact the Floyd County Commissioner of the Revenue for the current-year rate.
- Sales tax: 5.3% - Floyd County is not within any Virginia regional transportation district. The standard Virginia rate applies countywide.
- County Machinery and Tools tax: $1.550 per $100 (TY2025 per DOT). M&T is materially lower than the general TPP rate, the standard Virginia pattern.
- County Merchants' Capital tax: $3.500 per $100 (TY2025 per DOT) - RARE nonzero. Most Virginia counties levy $0.000 because they substituted Business TPP under § 58.1-3508.1. Floyd retained the original Merchants' Capital framework.
- Adjacent live county pages: Roanoke County (northeast), Montgomery County (north), Franklin County (east), and Patrick County (south).
- The Blue Ridge Parkway runs along the eastern edge of Floyd County. Floyd is the only Virginia county located entirely on the Blue Ridge Plateau.
- Cultural anchors: FloydFest (annual independent music festival), the Floyd Country Store (Friday Night Jamboree), and The Crooked Road - Virginia's Heritage Music Trail.
- Property and vehicle tax due dates: verify current dates with Floyd County. Due dates vary by locality in Virginia.
Floyd County Tax Rates - At a Glance
| Tax Type | County Rate (per $100) | Notes |
|---|---|---|
| Real Estate | $0.440 | One of the lowest county RE rates in VA. Town of Floyd adds +$0.058 overlay. |
| General Personal Property | $3.200 | Personal use vehicle rate may differ - confirm with the Commissioner of the Revenue |
| Machinery and Tools | $1.550 | Lower than TPP - standard Virginia pattern |
| Merchants' Capital | $3.500 | Rare nonzero - Floyd is among the minority of VA counties that retained MC |
| Sales Tax | 5.3% (4.3% state + 1.0% local; not in a regional transportation district; qualifying groceries 1.0%) | |
All rates from Virginia DOT Local Tax Rates Survey TY2025 (Tables 1 and 3). Verify current adopted rates with Floyd County.
Real Estate Tax
Rate and Assessment
Floyd County's real estate tax rate was $0.440 per $100 of assessed value countywide for tax year 2025, as reported in the Virginia Department of Taxation Local Tax Rates Survey Table 1 (County Levies). This is one of the lowest county real estate rates in Virginia. The rate is set annually by the Floyd County Board of Supervisors. Floyd County uses fair-market-value assessment under Code of Virginia § 58.1-3201.
Outside the Town of Floyd, properties pay only the $0.440 county rate. Inside the Town of Floyd (county seat, the only incorporated municipality in the county), the Virginia DOT TY2025 Table 3 lists a small town real estate overlay of $0.058/$100 on top of the county rate, for a combined $0.498/$100. Floyd County does not appear in DOT Table 4 (County District Levies), so there are no countywide sanitary, transportation, or special-service district levies.
Verification note: Rates are from the Virginia DOT Local Tax Rates Survey (tax year 2025). Verify the current adopted county rate at floydcova.gov or by contacting the Floyd County Commissioner of the Revenue.
Incorporated Town Overlays
One incorporated town is inside Floyd County per the Virginia DOT TY2025 Local Tax Rates Survey Table 3 (Town Tax Rates). The Town of Floyd overlay is small and asymmetric: it applies to real estate and tangible personal property only, with no machinery or merchants' capital town levy.
| Town | Real Estate | Tangible Personal Property | Machinery & Tools | Merchants' Capital |
|---|---|---|---|---|
| Town of Floyd (county seat) | $0.058 | $0.250 | $0.000 | $0.000 |
Combined real estate rate inside the Town of Floyd town limits: $0.440 (county) + $0.058 (town) = $0.498/$100. Combined personal property: $3.200 (county) + $0.250 (town) = $3.450/$100. Outside the town, only the county rates apply. Verify current Town of Floyd rates with the town government before making financial decisions.
Exemptions and Relief Programs
Floyd County offers tax relief programs for qualifying senior citizens and disabled residents. Disabled veterans who are 100% service-connected disabled may qualify for a full real estate tax exemption on their primary residence under Code of Virginia § 58.1-3219.5. Contact the Floyd County Commissioner of the Revenue for current eligibility thresholds and procedures.
Source: Virginia DOT Local Tax Rates Survey TY2025 (pdfplumber extraction, direct from source).
Vehicle Personal Property Tax
Rate and Assessment Method
Floyd County's general personal property tax rate was $3.200 per $100 of assessed value countywide for tax year 2025, as reported in the Virginia DOT Local Tax Rates Survey. Inside the Town of Floyd, an additional $0.250/$100 town TPP overlay applies (combined $3.450/$100). Under Code of Virginia § 58.1-3503, localities assess vehicles using a recognized pricing guide as of January 1 of the tax year.
Important note on rate classification: The Virginia DOT Local Tax Rates Survey reports the general tangible personal property rate. The DOT survey explicitly states that "certain items of property, including vehicles, may be considered separate classifications and may be taxed at a different tax rate." The current personal use vehicle rate in Floyd County may differ from the $3.200 general rate. Contact the Floyd County Commissioner of the Revenue to confirm the rate that applies to your vehicle.
PPTRA Relief
Virginia's Personal Property Tax Relief Act (PPTRA), Code of Virginia § 58.1-3524, provides partial state-funded relief on the first $20,000 of assessed value for qualifying personal use vehicles. Virginia distributes a fixed annual block grant of $950 million among all localities. Floyd County calculates its annual PPTRA relief percentage based on its share of that grant and the total qualifying vehicle assessed value in the county. This percentage changes each year. For a deeper explanation of how PPTRA works, see our Virginia PPTRA explained guide.
PPTRA percentage pending official confirmation. Contact the Floyd County Commissioner of the Revenue or visit floydcova.gov to confirm the current-year vehicle personal property tax rate and PPTRA relief percentage.
Rate source: Virginia DOT Local Tax Rates Survey TY2025 (pdfplumber extraction, direct from source).
Merchants' Capital Tax (Rare in Virginia)
Floyd County levies a Merchants' Capital tax of $3.500 per $100 of assessed value for tax year 2025 - one of the higher county MC rates in Virginia. Most Virginia counties levy $0.000 Merchants' Capital because they substituted Business Tangible Personal Property under Code of Virginia § 58.1-3508.1 decades ago. Floyd is part of a small minority of Virginia counties (along with Buchanan, Bland, Caroll, Charles City, Charlotte, Dickenson, Essex, and a handful of others per DOT TY2025 Table 1) that retained the historical Merchants' Capital framework. The Town of Floyd town overlay for Merchants' Capital is $0.000 - the town does not add a separate MC levy on top of the county rate.
If you operate a business in Floyd County selling tangible personal property at retail or wholesale, contact the Floyd County Commissioner of the Revenue for filing requirements, capital assessment methodology, and current return deadlines. Merchants' Capital filing is materially different from Business TPP filing - the assessment base, exemptions, and tax accounting differ between the two regimes.
Source: Virginia DOT Local Tax Rates Survey TY2025 Table 1 (pdfplumber extraction).
Sales Tax
Rate and Composition
The combined sales tax rate in Floyd County is 5.3%. Floyd County is not within the Northern Virginia, Hampton Roads, or Central Virginia regional transportation districts, so no 0.7% regional levy applies. The standard Virginia statewide rate applies countywide. Towns do not add their own sales tax in Virginia.
| Component | Rate |
|---|---|
| Virginia state rate | 4.3% |
| Local rate | 1.0% |
| Combined rate | 5.3% |
Qualifying food and grocery items are subject to Virginia's reduced 1.0% state rate. Adjacent live county pages at the same 5.3% rate: Franklin County (east), Patrick County (south), and Montgomery County (north). Note that the adjacent Roanoke County page is also at the standard 5.3% rate; the higher 6.0% rate applies only to the independent City of Roanoke (which is in the Central Virginia transportation district) - City of Roanoke.
Source: Virginia Department of Taxation - Retail Sales and Use Tax (tax.virginia.gov)
Geography and Context: Blue Ridge Plateau
Floyd County is the only Virginia county located entirely on the Blue Ridge Plateau - a high-elevation plateau region west of the Blue Ridge escarpment. The county seat, the Town of Floyd, sits at the intersection of US-221 and VA-8 at approximately 2,500 feet elevation. The Blue Ridge Parkway runs along the eastern edge of the county. Floyd's economy traditionally relied on agriculture (cattle, sheep, tobacco historically), but in recent decades the county has become a regional cultural anchor: FloydFest is an annual independent music festival; the Floyd Country Store hosts the Friday Night Jamboree (regular old-time and bluegrass music dancing); and The Crooked Road - Virginia's Heritage Music Trail - passes through the Town of Floyd. The county was named for John Floyd, a Virginia governor (1830 to 1834).
Adjacent jurisdictions: Roanoke County (live; northeast - Roanoke Valley anchor), Franklin County (live; east - Smith Mountain Lake region), Patrick County (live; south - Blue Ridge foothills, NC border), Montgomery County (live; north - Blacksburg/Virginia Tech), Carroll County (live 2026-05-19; southwest - Blue Ridge / New River Plateau, NC border), and Pulaski County (live 2026-05-20; northwest - New River Valley).
Southwestern Virginia Blue Ridge Cluster Context
Floyd County is the western anchor of the southwestern Virginia Blue Ridge cluster opened over the prior week of nightly builds. Tonight's batch (Floyd + Appomattox) extends two adjacent live clusters in opposite directions: Floyd extends the southern-VA / Blue Ridge cluster westward (Patrick → Floyd → Carroll/Pulaski unbuilt), while Appomattox extends the central VA / Lynchburg cluster southeast. From Floyd, you can travel through entirely live county pages from the New River Valley (Montgomery) through the Roanoke Valley (Roanoke County and City of Roanoke) and into the Blue Ridge foothills (Franklin and Patrick). All adjacent live counties levy the same 5.3% Virginia general sales tax rate (Roanoke City applies the higher 6.0% Central VA regional rate); their real estate, TPP, and M&T rates vary considerably by jurisdiction. Floyd's $0.440 county RE rate is the lowest among this Blue Ridge cluster.
Virginia Tax Tools
Virginia Car Tax Calculator
Estimate your annual vehicle personal property tax. Note: the Floyd County personal use vehicle rate may differ from the $3.200 general TPP rate published by DOT - confirm with the county before relying on the estimate.
LiveVirginia Property Tax Calculator
Estimate your Floyd County annual real estate tax based on assessed value. Inside Town of Floyd, add the $0.058/$100 town overlay.
LiveVirginia Sales Tax Calculator
Estimate sales tax on purchases in Floyd County at the 5.3% General Virginia rate.
LiveOther Virginia Jurisdictions
Floyd County is in southwestern Virginia on the Blue Ridge Plateau. Compare adjacent live jurisdictions:
- Roanoke County (adjacent northeast - Roanoke Valley anchor)
- Montgomery County (adjacent north - Blacksburg / Virginia Tech)
- Franklin County (adjacent east - Smith Mountain Lake region)
- Patrick County (adjacent south - Blue Ridge foothills, NC border)
- Appomattox County (same publish sequence - central VA / Lynchburg cluster, Appomattox Court House)
For statewide context and a complete list of Virginia jurisdictions, see Virginia County Tax Rates.
Official Sources
-
Floyd County - Official Website
Official source for Floyd County real estate tax rates, vehicle personal property tax rates, Merchants' Capital tax requirements, PPTRA relief percentages, and payment schedules.
floydcova.gov -
Virginia Department of Taxation - Local Tax Rates Survey TY2025
Official statewide survey of real estate, tangible personal property, machinery and tools, and merchants' capital tax rates for all Virginia localities. Includes Floyd County in Table 1 (County Levies) and the Town of Floyd in Table 3 (Town Tax Rates). Floyd has no entries in Table 4 (County District Levies).
tax.virginia.gov/local-tax-rates -
Virginia Department of Taxation - Retail Sales and Use Tax
Official source for Virginia sales tax rates by region.
tax.virginia.gov/retail-sales-and-use-tax -
Code of Virginia § 58.1-3508.1 - Substitution of Merchants' Capital Tax with Business TPP
Statutory authority allowing Virginia localities to substitute Merchants' Capital with Business Tangible Personal Property. Most Virginia counties (but not Floyd) elected the substitution.
law.lis.virginia.gov - § 58.1-3508.1 -
Code of Virginia § 58.1-3524 - Personal Property Tax Relief Act (PPTRA)
Statutory authority for Virginia's vehicle personal property tax relief program.
law.lis.virginia.gov - PPTRA statutory reference
Tax rates are sourced from the Virginia DOT Local Tax Rates Survey (tax year 2025) and the Virginia Department of Taxation. Rates change annually - verify current figures with Floyd County before making financial decisions. Data last verified: May 2026.
Frequently Asked Questions
What is the Floyd County property tax rate?
Floyd County's countywide real estate tax rate was $0.440 per $100 of assessed value for tax year 2025 per the Virginia DOT Local Tax Rates Survey - one of the lowest county RE rates in Virginia. Inside the Town of Floyd, the DOT TY2025 Table 3 overlay adds $0.058 for a combined $0.498. Verify the current adopted rate at floydcova.gov.
What is the Floyd County vehicle personal property tax rate?
Floyd County's general personal property rate was $3.200 per $100 of assessed value countywide for tax year 2025 per the Virginia DOT survey. The personal use vehicle rate may differ because Virginia localities can classify vehicles as a separate property class. PPTRA state relief applies on the first $20,000 of assessed value. Contact the Floyd County Commissioner of the Revenue to confirm the current vehicle rate and PPTRA percentage.
What is the sales tax rate in Floyd County?
The combined sales tax rate in Floyd County is 5.3% (4.3% Virginia state + 1.0% local). Floyd County is not within any Virginia regional transportation district, so no additional 0.7% regional levy applies.
Why does Floyd County still levy a Merchants' Capital tax?
Floyd County levies a Merchants' Capital tax of $3.500 per $100 of assessed value (TY2025 per DOT) - a rare nonzero figure. Most Virginia counties levy $0.000 because they substituted Business Tangible Personal Property tax under Code of Virginia § 58.1-3508.1 decades ago. Floyd retained the historical framework. Contact the Floyd County Commissioner of the Revenue if you operate a retail or wholesale business in the county and need filing details.
What incorporated towns are in Floyd County?
Floyd County has one incorporated town: the Town of Floyd (county seat). Inside the town, the DOT TY2025 Table 3 overlay adds RE +$0.058 and TPP +$0.250. Communities including Check, Indian Valley, Willis, Copper Hill, Pizarro, Howell, Sowers, and Floyd Hollows are unincorporated and pay only the county rate.
Does the Blue Ridge Parkway run through Floyd County?
Yes. The Blue Ridge Parkway crosses through Floyd County along the eastern edge. Floyd is the only Virginia county located entirely on the Blue Ridge Plateau. Floyd is also home to FloydFest (annual independent music festival), the Floyd Country Store (Friday Night Jamboree), and The Crooked Road - Virginia's Heritage Music Trail.