Property Taxes in Low Moor, Virginia
Median Low Moor, Virginia effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Low Moor, Virginia home value: $48,300
Median annual Low Moor, Virginia tax bill: $351, $2,049 lower than the national median property tax bill of $2,400.
How are property taxes in Alleghany calculated?
Property taxes in Low Moor, Virginia are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Low Moor's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Low Moor, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Low Moor Property Tax Calculator Work?
Use this Low Moor property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Low Moor's median effective tax rate of 0.73% — based on actual property records in Alleghany County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Low Moor's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Low Moor: rates range from $351 in 24457 to $351 in 24457, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Low Moor.
About Low Moor Property Taxes
About Property Taxes in Low Moor, Alleghany, Virginia
Low Moor’s median effective property tax rate of 0.73% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Alleghany County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Low Moor. Homeowners in ZIP code 24457 carry a median effective rate of 0.73%, and the same ZIP also posts the city’s median home price of $48,300 and median tax bill of $351. Understanding where you live can still make a meaningful difference to your annual tax bill.
Low Moor homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Low Moor, Alleghany County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Low Moor’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Low Moor Tax Rate
0.73%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alleghany County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Low Moor, Alleghany County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24457 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Low Moor, Alleghany County, Virginia
When examining property taxes in Low Moor, Virginia, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Alleghany County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in January each year. They typically reach your mailbox by the middle of January.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. In Low Moor, the median home price is $48,300, with a median tax bill of $351. That is far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The highest median home price is in 24457 at $48,300.
Property Tax Assessment Values Across Low Moor, Alleghany County, Virginia
Source: Ownwell
$48,300
$82,500
$116,700
Median Low Moor Market Value
$48,300
Median Alleghany County Market Value
$87,250
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Low Moor, Alleghany County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24457 | $4,250 | $16,425 | $48,300 | $67,125 | $95,800 |
Source: Ownwell
Property Tax Bills Across Low Moor, Alleghany County, Virginia
Low Moor property tax bills are calculated from the assessed value of a home and the local tax rate set by Alleghany County and other taxing authorities. The assessed value is compared with the market value of the property, and the resulting tax bill is based on that valuation rather than what a homeowner originally paid.
For many homeowners, the median home price in Low Moor is $48,300, which helps explain why bills can remain relatively modest compared with the national median property tax bill of $2,400. The median tax bill in the area is $351, and the 25th and 75th percentile bills are $118 and $483, showing that taxes can vary widely depending on a property’s assessed value and the local rate.
Homeowners with higher assessed values or properties in areas with higher tax rates generally pay more, while lower-valued homes may see smaller bills. Because property taxes are tied to valuation, changes in the market and assessment process can directly affect what homeowners owe each year.
Median Low Moor Tax Bill
$351
Median Alleghany County Tax Bill
$623
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Low Moor, Alleghany County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24457 | $31 | $118 | $351 | $483 | $700 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Alleghany Tax Assessor | |
| Website | www.bttaxpayerportal.com |