24609 Property Tax Rate

Property owners in ZIP code 24609 (Cedar Bluff, Virginia) pay a median of $785/year in property taxes on homes valued at $154,000. This translates to an effective tax rate of 0.51%, which is 24% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24609 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Tazewell County. This is $1,458 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24609 has lower property taxes. ZIP codes with similar effective rates include 22514 (0.51%) and 24053 (0.51%).

In Cedar Bluff, property taxes represent approximately 1.6% of the median household income of $50,145, providing context for the relative tax burden on homeowners in this area.

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.