Property Taxes in Hurley, Virginia
Median Hurley, Virginia effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Hurley, Virginia home value: $48,300
Median annual Hurley, Virginia tax bill: $188, $2,212 lower than the national median property tax bill of $2,400.
How are property taxes in Buchanan calculated?
Property taxes in Hurley, 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 Hurley's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hurley, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Hurley Property Tax Calculator Work?
Use this Hurley property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hurley's median effective tax rate of 0.39% — based on actual property records in Buchanan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hurley'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 Hurley: rates range from 0.39% in 24620 to 0.39% in 24620, 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 Hurley.
About Hurley Property Taxes
About Property Taxes in Hurley, Buchanan, Virginia
Hurley’s median effective property tax rate of 0.39% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Buchanan 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 Hurley. Homeowners in the 24620 ZIP code carry a median effective rate of 0.39%, while those in the same ZIP code also pay 0.39%. This spread reflects how school district boundaries and local assessment districts are drawn across Buchanan County. Understanding which part of Hurley you live in can make a meaningful difference to your annual tax bill.
Hurley homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the annual deadline.
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 Hurley, Buchanan 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 Hurley'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 Hurley Tax Rate
0.39%
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 Buchanan County Tax Rate
0.39%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Hurley, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24620 | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Hurley, Buchanan County, Virginia
When examining property taxes in Hurley, 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 Buchanan County tax 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 the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median home price in Hurley is $48,300, with tax bills ranging significantly across the county. Zip code 24620 has the highest median home price at $48,300.
Property Tax Assessment Values Across Hurley, Buchanan County, Virginia
Source: Ownwell
$31,350
$42,075
$52,800
Median Hurley Market Value
$48,300
Median Buchanan County Market Value
$47,800
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Hurley, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24620 | $8,330 | $14,750 | $48,300 | $80,750 | $114,280 |
Source: Ownwell
Property Tax Bills Across Hurley, Buchanan County, Virginia
Property tax bills in Hurley are based on the assessed value of a home and the local tax rate set for Buchanan County. When a property’s market value changes, its assessed value can change too, which affects the amount owed each year. For a home with a median value of $48,300, the bill can vary widely depending on the property and its location within the county.
In Hurley, the tax bill is shaped by several factors, including the home’s assessed value, local levies, and any exemptions that may apply. The typical tax burden is relatively low compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Here, the 25th percentile tax bill is $58, the 75th percentile is $315, and the 90th percentile is $446. The median tax bill is $188 in ZIP code 24620, which means many homeowners pay far less than the national average, but even small changes in assessed value can still affect what they owe.
Median Hurley Tax Bill
$188
Median Buchanan County Tax Bill
$186
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Hurley, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24620 | $32 | $58 | $188 | $315 | $446 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Buchanan Tax Assessor | |
| Website | egov.buchanancounty-va.gov |