24651 Property Tax Rate

Property owners in ZIP code 24651 (Tazewell, Virginia) pay a median of $711/year in property taxes on homes valued at $117,700. This translates to an effective tax rate of 0.60%, which is 10% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24651 is approximately $59, which factors into escrow payments on mortgages. This ZIP code is located within Tazewell County. This is $1,532 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24651 has higher property taxes. ZIP codes with similar effective rates include 23022 (0.60%) and 22920 (0.60%).

In Tazewell, property taxes represent approximately 1.5% of the median household income of $45,964, 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.