Property Taxes in Allisonia, Virginia
Median Allisonia, Virginia effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Allisonia, Virginia home value: $71,850
Median annual Allisonia, Virginia tax bill: $424, $1,976 lower than the national median property tax bill of $2,400.
How are property taxes in Carroll calculated?
Property taxes in Allisonia, 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 Allisonia's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Allisonia, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Allisonia Property Tax Calculator Work?
Use this Allisonia property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Allisonia's median effective tax rate of 0.59% — based on actual property records in Carroll County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Allisonia'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 Allisonia: rates range from 0.59% in 24347 to 0.59% in 24347, 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 Allisonia.
About Allisonia Property Taxes
About Property Taxes in Allisonia, Carroll, Virginia
Allisonia’s median effective property tax rate of 0.59% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Carroll 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 Allisonia. Homeowners in the 24347 ZIP code carry a median effective rate of 0.59%, while those in the lowest ZIP also pay 0.59%. This spread reflects how school district boundaries and local assessment districts are drawn across Carroll County. Understanding which part of Allisonia you live in can make a meaningful difference to your annual tax bill.
Allisonia homeowners who believe their assessed value is too high can file a formal appeal with the Carroll County 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 Allisonia, Carroll 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 Allisonia'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 Allisonia Tax Rate
0.59%
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 Carroll County Tax Rate
0.59%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Allisonia, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24347 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Allisonia, Carroll County, Virginia
When examining property taxes in Allisonia, 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 Carroll County 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 November. 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 Allisonia is $71,850, with tax bills ranging across the county. ZIP code 24347 has the highest median home price at $71,850.
Property Tax Assessment Values Across Allisonia, Carroll County, Virginia
Source: Ownwell
$51,750
$101,350
$150,950
Median Allisonia Market Value
$71,850
Median Carroll County Market Value
$89,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Allisonia, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24347 | $24,890 | $44,425 | $71,850 | $111,825 | $132,000 |
Source: Ownwell
Property Tax Bills Across Allisonia, Carroll County, Virginia
Property tax bills in Allisonia are based on the assessed value of a home and the local tax rate set for Carroll County. When a property is assessed at a higher market value, the tax bill can rise, while a lower assessed value can help keep taxes down. For homeowners in Allisonia, the median home price is $71,850, which helps explain why tax bills are generally modest compared with the national median property tax bill of $2,400.
The typical property tax bill in the area is much lower than the national norm, with the 25th percentile at $262 and the 75th percentile at $660. The 90th percentile reaches $779, showing how bills can vary based on a home’s assessed value and location. In zip code 24347, the median tax bill is $424.00. These costs affect homeowners by adding to the annual cost of owning a home, making it important to understand how assessments and local rates shape the final bill.
Median Allisonia Tax Bill
$424
Median Carroll County Tax Bill
$529
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Allisonia, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24347 | $147 | $262 | $424 | $660 | $779 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 2 |
Links | |
|---|---|
| Carroll Tax Assessor | |
| Website | carrollcova.interactivegis.com |