Property Taxes in Glen Lyn, Virginia
Median Glen Lyn, Virginia effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Glen Lyn, Virginia home value: $74,700
Median annual Glen Lyn, Virginia tax bill: $254, lower than the national median property tax bill of $2,400.
How are property taxes in Giles calculated?
Property taxes in Glen Lyn, 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 Glen Lyn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Lyn, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Glen Lyn Property Tax Calculator Work?
Use this Glen Lyn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Glen Lyn's median effective tax rate of 0.34% — based on actual property records in Giles 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 Glen Lyn'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 Glen Lyn: rates range from 0.34% in 24093 to 0.34% in 24093, 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 Glen Lyn.
About Glen Lyn Property Taxes
About Property Taxes in Glen Lyn, Giles, Virginia
Glen Lyn’s median effective property tax rate of 0.34% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Giles 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 Glen Lyn. Homeowners in the 24093 ZIP code carry a median effective rate of 0.34%, while those in the same ZIP code pay 0.34%. This spread reflects how school district boundaries and local assessment districts are drawn across Giles County. Understanding which part of Glen Lyn you live in can make a meaningful difference to your annual tax bill.
Glen Lyn homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Glen Lyn, Giles 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 Glen Lyn'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 Glen Lyn Tax Rate
0.34%
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 Giles County Tax Rate
0.34%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Glen Lyn, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24093 | 0.34% | 0.34% | 0.34% | 0.34% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Glen Lyn, Giles County, Virginia
When examining property taxes in Glen Lyn, 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. Giles County 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 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 March each year and typically reach your mailbox by the middle of the month.
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 Glen Lyn, the median home price is $74,700, with a median tax bill of $254. Tax bills range across the county, and zip code 24093 has the highest median home price at $74,700.
Property Tax Assessment Values Across Glen Lyn, Giles County, Virginia
Source: Ownwell
$61,700
$114,650
$167,600
Median Glen Lyn Market Value
$74,700
Median Giles County Market Value
$100,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Glen Lyn, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24093 | $26,200 | $44,375 | $74,700 | $113,200 | $142,530 |
Source: Ownwell
Property Tax Bills Across Glen Lyn, Giles County, Virginia
Property tax bills in Glen Lyn are based on the assessed value of a home and the local tax rate set for Giles County. When a property is reassessed, the county uses that value to calculate the bill, so homes with higher market values generally face higher taxes. For a median home price of $74,700, the tax bill can vary widely depending on the property’s assessed value and any local rate differences.
For many homeowners, the bill is a meaningful part of annual housing costs. In Glen Lyn, the median tax bill is $254, with bills ranging from $139 at the 25th percentile to $390 at the 75th percentile and $485 at the 90th percentile. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Even so, changes in assessment can still affect what homeowners owe each year.
Median Glen Lyn Tax Bill
$254
Median Giles County Tax Bill
$330
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Glen Lyn, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24093 | $84 | $139 | $254 | $390 | $485 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 31 |
Links | |
|---|---|
| Giles Tax Assessor | |
| Website | giles.cama.concisesystems.com |