Franklin County Va Gis (2024)

FAQs

What is the real estate tax rate in Franklin County, VA? ›

In Franklin County every business is required to register with the Commissioner of Revenue office for local taxation. Submit a New Business Registration form to begin the process! There is no fee to register. However, certain types of businesses may require a business license.

Virginia Sales Tax

The highest rates are in Toano, Williamsburg, and Yorktown (7%). The majority of locations in the state have a sales tax rate of 5.3%. The state sales tax rate for food and personal hygiene items is 1%.

Post-election, when voters approved levies for schools and libraries and other entities, those levies added an additional 6% of taxes across Franklin County. Countywide, this translated on average to approximately an additional 12% in property tax, equating to a total increase of $546 for the average homeowner.

Median household income in Franklin County, VA is $59,667. In 2021, the tract with the highest Median Household Income in Franklin County, VA was Census Tract 201.02 with a value of $87,031, followed by Census Tract 202 and Census Tract 204, with respective values of $67,155 and $62,895.

The largest Franklin County racial/ethnic groups are White (86.7%) followed by Black (7.7%) and Hispanic (3.0%).

9th Congressional District of Virginia | Congressman Morgan Griffith.

Generally, home businesses can usually be approved as a “home occupation” as long as there are no employees other than family members residing in the home; there is no signage; and the business utilizes no more than 25% of the floor area in the home.

The filing fee to form an LLC in Virginia is $100. You may also need to pay $25-$50 for a registered business name and $25-$100 for licenses and permits depending on your locality and business activities.

How much does it cost to get a business license in Virginia? ›

The license costs $50, which is the minimal tax if the estimate is less than $100,000. However, If your estimate is larger than $100,000, you will be charged a tax rate. For some other cities such as Lynchburg and Williamsburg, a $30 minimum fee is required for the issuance of a business license.

The Virginia property tax rate is determined by the local government and varies by county. As of 2021, the average property tax rate in Virginia is 0.80%, which is lower than the national average of 1.07%. However, the exact tax rate for your property will depend on its assessed value and location.

The real estate tax rate (effective July 1, 2023 through June 30, 2024) is $0.89 per $100 of assessed value. Real estate taxes are billed on a fiscal year cycle, July 1 through June 30. The bill for the first half of the fiscal year (July 1 through December 31) is due December 5.

Call 877-495-2729 to pay by phone. In-Person: Our tellers are able to accept cash, personal check, business check, money order, cashier's check or certified check at the window. If you would like to use a credit card or debit card, you may use our computer kiosk to make your payment through our website.

Virginia has no estate tax. It is one of 38 states not to levy a tax on an estate of any size.