24377 Property Tax Rate

Tannersville, Virginia · Part of Tazewell County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.77%

61.7% below state avg

Median Annual Tax

$858

$72/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$858

Monthly

$71

Eff. Rate

0.77%

vs. Virginia Avg61.7% below
vs. National Avg68.1% below

How ZIP 24377 Compares

Median Annual Property Tax

ZIP 24377$858
Virginia Average$2,243
National Average$2,690

ZIP 24377

0.77%

Effective rate

Virginia Avg

0.67%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Virginia

0.26%state avg 0.67%2.69%

Higher than 73% of ZIP codes in Virginia(73th percentile, 779 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 24377

Property owners in ZIP code 24377 (Tannersville, Virginia) pay a median of $858/year in property taxes on homes valued at $111,800. This translates to an effective tax rate of 0.77%, which is 14% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24377 is approximately $72, which factors into escrow payments on mortgages. This ZIP code is located within Tazewell County. This is $1,385 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24377 has lower property taxes. ZIP codes with similar effective rates include 23230 (0.77%) and 23830 (0.77%).

Virginia has no state property tax — Tazewell County sets assessments locally with no automatic reassessment at sale. Tazewell County offers circuit breaker tax credits for seniors 65+ and permanently disabled residents earning below the county income limit, and Land Use Taxation for qualifying agricultural land. Contact the Tazewell County Assessor immediately after purchase to apply for relief programs and confirm your assessment.

Frequently Asked Questions

What is the property tax rate in ZIP code 24377?
The effective property tax rate in ZIP code 24377 (Tannersville, VA) is 0.77%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Tannersville, VA (24377)?
The median annual property tax payment in ZIP code 24377 is $858. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 24377 compare to the Virginia average?
ZIP code 24377's effective tax rate of 0.77% is higher than the Virginia state average of 0.67%. The median annual property tax in this ZIP is $858, compared to the state average of $2,243.
What is the median home value in ZIP 24377?
The median home value in ZIP code 24377 (Tannersville, VA) is $111,800, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 24377 in?
ZIP code 24377 is part of Tazewell County in Virginia. For broader county-level property tax data, including comparisons with other counties in Virginia, visit the Tazewell County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$263. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 24377 is part of Tazewell County, Virginia. View the full county profile for broader context and more data.

View Tazewell County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →