24086 Property Tax Rate

Property owners in ZIP code 24086 (Eggleston, Virginia) pay a median of $1,100/year in property taxes on homes valued at $139,300. This translates to an effective tax rate of 0.79%, which is 17% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24086 is approximately $92, which factors into escrow payments on mortgages. This ZIP code is located within Giles County. This is $1,143 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24086 has higher property taxes. ZIP codes with similar effective rates include 23234 (0.79%) and 24201 (0.79%).

In Eggleston, property taxes represent approximately 0.9% of the median household income of $118,707, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — all assessments are set and collected locally by Giles County, with no statewide reassessment mandate at purchase. Giles County offers a Land Use Taxation program for agricultural land and a circuit breaker tax relief for elderly (65+) and disabled homeowners meeting income limits. Contact the Giles County Assessor's office immediately after purchase to register your property and inquire about eligibility for senior or disabled relief programs.