Property Taxes in Narrows, Virginia
Median NARROWS, 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 NARROWS, Virginia home value: $80,800
Median annual NARROWS, Virginia tax bill: $271, $2,129 lower than the national median property tax bill of $2,400.
How are property taxes in Giles calculated?
Property taxes in NARROWS, 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 NARROWS's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in NARROWS, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Narrows Property Tax Calculator Work?
Use this Narrows property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Narrows' 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 Narrows' 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 Narrows: rates range from 0.34% in 24124 to 0.34% in 24124, 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 Narrows.
About Narrows Property Taxes
About Property Taxes in Narrows, Giles, Virginia
Narrows’ 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 Narrows. Homeowners in the 24124 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 Narrows you live in can make a meaningful difference to your annual tax bill.
Narrows 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 Narrows, 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 NARROWS'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 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 Narrows Tax Rate
0.34%
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 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 Narrows, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24124 | 0.34% | 0.34% | 0.34% | 0.34% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Narrows, Giles County, Virginia
When examining property taxes in Narrows, 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 Giles 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:
In Giles County, assessment notices are sent in March each year. They'll typically reach your mailbox by the middle of March.
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 Narrows is $80,800, with tax bills ranging significantly across the county. 24124 has the highest median home price at $80,800.
Property Tax Assessment Values Across Narrows, Giles County, Virginia
Source: Ownwell
$61,700
$114,650
$167,600
Median Narrows Market Value
$80,800
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 Narrows, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24124 | $35,300 | $56,300 | $80,800 | $117,000 | $168,500 |
Source: Ownwell
Property Tax Bills Across Narrows, Giles County, Virginia
Property tax bills in Narrows are based on the assessed value of a home and the local tax rate set for Giles County. The assessed value is compared with the market value of the property, and the resulting tax bill reflects how much the home is worth for tax purposes. For a home with a median price of $80,800, even small changes in assessment can affect what a homeowner owes.
The typical property tax bill in Narrows is relatively low, with the median bill at $271.00 in ZIP code 24124. That is well below the national median property tax bill of $2,400 and far under the national median property tax rate of 1.02%. Bills can still vary from home to home depending on the property’s assessed value and the local tax rate. For homeowners, this means property taxes can be a manageable part of housing costs, but it also makes it important to review assessments carefully.
Median Narrows Tax Bill
$271
Median Giles County Tax Bill
$330
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Narrows, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24124 | $110 | $183 | $271 | $385 | $551 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 31 |
Links | |
|---|---|
| Giles Tax Assessor | |
| Website | giles.cama.concisesystems.com |