Buchanan County, Virginia Property Taxes
Property Taxes in Buchanan County, Virginia
Median Buchanan County effective property tax rate: 0.39%, significantly lower than the national median of 1.02%.
Median Buchanan County home value: $47,800
Median annual Buchanan County tax bill: $186, lower than the national median property tax bill of $2,400.
How are property taxes in Buchanan County calculated?
Property taxes in Buchanan County 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 Buchanan County's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Buchanan County or another part of Buchanan County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Buchanan County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$186
$173
How Does the Buchanan County Property Tax Calculator Work?
Use this Buchanan County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Buchanan County's median effective tax rate of 0.39% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Buchanan County's median tax rate is lower than the Virginia median tax rate of 0.90% and far below the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Buchanan County.
Property Tax Rates Across Buchanan County, Virginia
What Are Effective Property Tax Rates Across Buchanan County?
Local government entities set tax rates, which vary widely across Buchanan County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Buchanan County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Buchanan County's median effective rate stands at 0.39%, which is lower than the national median of 1.02%. Within Buchanan County, the highest rate is found in [city_name] at [highestcityrate]%, while [city_name] has the lowest at [lowestcityrate]%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Buchanan County Tax Rate
0.39%
Our median effective property tax rate (tax bill Ă· 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 Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buchanan County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Big Rock | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Davenport | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Grundy | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Haysi | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Honaker | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Hurley | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Jewell Ridge | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Maxie | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Oakwood | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Pilgrims Knob | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Raven | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Rowe | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Vansant | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Whitewood | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
| Breaks | N/A | N/A | N/A | N/A | N/A |
| Keen Mountain | N/A | N/A | N/A | N/A | N/A |
| Mavisdale | N/A | N/A | N/A | N/A | N/A |
| Swords Creek | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Buchanan County, Virginia
When examining property taxes in Buchanan County, 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. Buchanan County’s appraisal district 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 the spring each year and typically reach your mailbox by the middle of May.
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. The median tax bill in Buchanan County is $186, compared with the national median property tax bill of $2,400. VANSANT has the highest median home price at $52,800, while MAXIE has the lowest median tax bill at $122.
Median Buchanan County Market Value
$47,800
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buchanan County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee | $6,640 | $11,400 | $42,800 | $74,675 | $100,700 |
| Big Rock | $4,500 | $13,850 | $43,700 | $77,100 | $115,100 |
| Davenport | $7,020 | $15,300 | $43,300 | $68,400 | $100,300 |
| Grundy | $8,000 | $20,000 | $52,000 | $87,175 | $130,260 |
| Haysi | $7,000 | $12,725 | $43,250 | $74,450 | $100,580 |
| Honaker | $8,180 | $16,500 | $48,000 | $79,200 | $108,260 |
| Hurley | $8,330 | $14,750 | $48,300 | $80,750 | $114,280 |
| Jewell Ridge | $8,000 | $18,100 | $46,650 | $70,700 | $105,500 |
| Maxie | $9,120 | $21,925 | $31,350 | $42,800 | $60,050 |
| Oakwood | $4,420 | $12,000 | $41,800 | $76,600 | $110,240 |
| Pilgrims Knob | $7,600 | $16,600 | $47,600 | $82,800 | $120,000 |
| Raven | $7,990 | $17,300 | $49,600 | $83,750 | $121,010 |
| Rowe | $5,860 | $12,200 | $43,200 | $74,700 | $107,660 |
| Vansant | $8,000 | $19,025 | $52,800 | $87,275 | $129,090 |
| Whitewood | $7,330 | $12,500 | $33,400 | $69,950 | $112,620 |
| Breaks | N/A | N/A | N/A | N/A | N/A |
| Keen Mountain | N/A | N/A | N/A | N/A | N/A |
| Mavisdale | N/A | N/A | N/A | N/A | N/A |
| Swords Creek | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Buchanan County, Virginia
Property tax bills in Buchanan County are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the tax bill depends on both the value of the home and the rate set by local taxing authorities. Homes with higher assessed values generally face higher bills, while lower-valued properties pay less.
In Buchanan County, the median home price is $47,800, and property tax bills are relatively modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $62, the 75th percentile is $318, and the 90th percentile is $471, showing that many homeowners pay well below the national norm. Bills can still vary by location within the county, with the highest median tax bill in Vansant at $206.00 and the lowest in Maxie at $122.00. For homeowners, this means even small changes in assessed value or tax rates can affect annual costs.
Median Buchanan County Tax Bill
$186
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Buchanan County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee | $26 | $44 | $167 | $291 | $393 |
| Big Rock | $18 | $54 | $170 | $301 | $449 |
| Davenport | $27 | $60 | $169 | $267 | $391 |
| Grundy | $31 | $78 | $203 | $340 | $508 |
| Haysi | $27 | $50 | $169 | $290 | $392 |
| Honaker | $32 | $64 | $187 | $309 | $422 |
| Hurley | $32 | $58 | $188 | $315 | $446 |
| Jewell Ridge | $31 | $71 | $182 | $276 | $411 |
| Maxie | $36 | $86 | $122 | $167 | $234 |
| Oakwood | $17 | $47 | $163 | $299 | $430 |
| Pilgrims Knob | $30 | $65 | $186 | $323 | $468 |
| Raven | $31 | $67 | $193 | $327 | $472 |
| Rowe | $23 | $48 | $168 | $291 | $420 |
| Vansant | $31 | $74 | $206 | $340 | $503 |
| Whitewood | $29 | $49 | $130 | $273 | $439 |
| Breaks | N/A | N/A | N/A | N/A | N/A |
| Keen Mountain | N/A | N/A | N/A | N/A | N/A |
| Mavisdale | N/A | N/A | N/A | N/A | N/A |
| Swords Creek | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Links | |
|---|---|
| Buchanan Tax Assessor | |
| Website | egov.buchanancounty-va.gov |