Property Taxes in Mouth Of Wilson, Virginia
Median Mouth of Wilson, Virginia effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Mouth of Wilson, Virginia home value: $134,800
Median annual Mouth of Wilson, Virginia tax bill: $740, $1,660 lower than the national median property tax bill of $2,400.
How are property taxes in Grayson calculated?
Property taxes in Mouth of Wilson, 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 Mouth of Wilson's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mouth of Wilson, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mouth Of Wilson Property Tax Calculator Work?
Use this Mouth Of Wilson property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mouth Of Wilson's median effective tax rate of 0.54% — based on actual property records in Grayson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mouth Of Wilson'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 Mouth Of Wilson: rates range from 0.54% in 24363 to 0.54% in 24363, 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 Mouth Of Wilson.
About Mouth Of Wilson Property Taxes
About Property Taxes in Mouth Of Wilson, Grayson, Virginia
Mouth Of Wilson’s median effective property tax rate of 0.54% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Grayson 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 Mouth Of Wilson. Homeowners in ZIP code 24363 carry a median effective rate of 0.54%, while those in the same ZIP code pay 0.54%. This spread reflects how school district boundaries and local assessment districts are drawn across Grayson County. Understanding which part of Mouth Of Wilson you live in can make a meaningful difference to your annual tax bill.
Mouth Of Wilson homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the January 1, 1900 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 Mouth Of Wilson, Grayson 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 Mouth of Wilson'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 Mouth Of Wilson Tax Rate
0.54%
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 Grayson County Tax Rate
0.54%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Mouth Of Wilson, Grayson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24363 | 0.54% | 0.54% | 0.54% | 0.54% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Mouth Of Wilson, Grayson County, Virginia
When examining property taxes in Mouth of Wilson, 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 Grayson 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 Grayson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Mouth of Wilson.
For example, the median home price in Mouth of Wilson is $134,800, with tax bills ranging significantly across the county. 24363 has the highest median home price at $134,800.
Property Tax Assessment Values Across Mouth Of Wilson, Grayson County, Virginia
Source: Ownwell
$77,300
$110,650
$144,000
Median Mouth Of Wilson Market Value
$134,800
Median Grayson County Market Value
$108,700
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Mouth Of Wilson, Grayson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24363 | $40,530 | $77,900 | $134,800 | $215,975 | $352,210 |
Source: Ownwell
Property Tax Bills Across Mouth Of Wilson, Grayson County, Virginia
Property tax bills in Mouth of Wilson are calculated by multiplying a home’s assessed value by the local tax rate set for Grayson County. Local assessors determine assessed value based on the market value of the property, including the home and land, and that figure is then used to calculate the annual bill. For homeowners, this means that changes in market conditions or reassessments can directly affect what they owe.
With a median home price of $134,800, property taxes in the area can still vary widely depending on the specific property and its assessed value. The 25th percentile tax bill is $416, while the 75th percentile is $1,189 and the 90th percentile reaches $1,921. The highest and lowest median tax bill in the area is $740 in ZIP code 24363. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, homeowners in Mouth of Wilson often see lower bills, though individual tax amounts still depend on local assessments and tax rates.
Median Mouth Of Wilson Tax Bill
$740
Median Grayson County Tax Bill
$602
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Mouth Of Wilson, Grayson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24363 | $219 | $416 | $740 | $1,189 | $1,921 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Grayson Tax Assessor | |
| Website | gis.vgsi.com |