Property Taxes in Blue Grass, Virginia
Median Blue Grass, Virginia effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Blue Grass, Virginia home value: $189,850
Median annual Blue Grass, Virginia tax bill: $835, $1,565 lower than the national median property tax bill of $2,400.
How are property taxes in Highland calculated?
Property taxes in Blue Grass, 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 Blue Grass's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Blue Grass, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Blue Grass Property Tax Calculator Work?
Use this Blue Grass property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Blue Grass's median effective tax rate of 0.44% — based on actual property records in Highland 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 Blue Grass'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 Blue Grass: rates range from 0.44% in 24413 to 0.44% in 24413, 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 Blue Grass.
About Blue Grass Property Taxes
About Property Taxes in Blue Grass, Highland, Virginia
Blue Grass’s median effective property tax rate of 0.44% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Highland 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 Blue Grass. Homeowners in ZIP code 24413 carry a median effective rate of 0.44%, while those in the same ZIP also pay 0.44%. This reflects how school district boundaries and local assessment districts are drawn across Highland County. Understanding which part of Blue Grass you live in can make a meaningful difference to your annual tax bill.
Blue Grass homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the May 15, 2024 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 Blue Grass, Highland 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 Blue Grass'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 Blue Grass Tax Rate
0.44%
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 Highland County Tax Rate
0.44%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Blue Grass, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24413 | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Blue Grass, Highland County, Virginia
When examining property taxes in Blue Grass, 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 Highland 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 are sent in the spring 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.
For example, the median home price in Blue Grass is $189,850, and the median tax bill is $835, well below the national median property tax bill of $2,400. In 24413, both the highest median home price and highest median tax bill are $189,850 and $835.
Property Tax Assessment Values Across Blue Grass, Highland County, Virginia
Source: Ownwell
$170,100
$201,275
$232,450
Median Blue Grass Market Value
$189,850
Median Highland County Market Value
$214,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Blue Grass, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24413 | $59,500 | $111,025 | $189,850 | $339,125 | $604,250 |
Source: Ownwell
Property Tax Bills Across Blue Grass, Highland County, Virginia
Property tax bills in Blue Grass are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or adjustments that may reduce the amount owed. The assessed value is based on the market value of the property, so changes in home prices can directly affect the bill. For homeowners, this means a higher assessed value can lead to a larger tax bill, even if the mortgage payment stays the same.
In Highland County, the median home price is $189,850, and property tax bills can vary widely depending on the home and location. The 25th percentile tax bill is $489, while the 75th percentile is $1,492 and the 90th percentile is $2,659. The highest and lowest median tax bill in the county is $835 in ZIP code 24413. These differences show how property taxes can affect homeowners unevenly, making it important to understand how assessments and local rates shape the final bill.
Median Blue Grass Tax Bill
$835
Median Highland County Tax Bill
$943
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Blue Grass, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24413 | $262 | $489 | $835 | $1,492 | $2,659 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Highland Tax Assessor | |
| Website | www.webgis.net |