24323 Property Tax Rate

Property owners in ZIP code 24323 (Crockett, Virginia) pay a median of $491/year in property taxes on homes valued at $146,300. This translates to an effective tax rate of 0.34%, which is 50% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24323 is approximately $41, which factors into escrow payments on mortgages. This ZIP code is located within Wythe County. This is $1,752 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24323 has higher property taxes. ZIP codes with similar effective rates include 24598 (0.34%) and 23066 (0.33%).

In Crockett, property taxes represent approximately 0.7% of the median household income of $71,094, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Wythe County performs local assessments with no statewide reassessment mandate at purchase. Wythe County provides circuit breaker relief for seniors 65+ and disabled homeowners below income thresholds, plus Land Use Taxation for farm and forest parcels. Apply for senior, disability, or agricultural relief with the Wythe County Assessor within 30 days of closing.