Property Taxes in Keokee, Virginia
Median Keokee, Virginia effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Keokee, Virginia home value: $29,350
Median annual Keokee, Virginia tax bill: $218, $2,182 lower lower than the national median property tax bill of $2,400.
How are property taxes in Lee calculated?
Property taxes in Keokee, 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 Keokee's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keokee, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Keokee Property Tax Calculator Work?
Use this Keokee property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Keokee's median effective tax rate of 0.74% — based on actual property records in Lee 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 Keokee'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 Keokee: rates range from 0.74% in 24265 to 0.74% in 24265, 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 Keokee.
About Keokee Property Taxes
About Property Taxes in Keokee, Lee, Virginia
Keokee’s median effective property tax rate of 0.74% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Lee 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 Keokee. Homeowners in the 24265 ZIP code carry a median effective rate of 0.74%, while those in the same ZIP code also pay 0.74%. This reflects how school district boundaries and local assessment districts are drawn across Lee County. Understanding which part of Keokee you live in can make a meaningful difference to your annual tax bill.
Keokee homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 30, 2025 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 Keokee, Lee 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 Keokee'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 Keokee Tax Rate
0.74%
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 Lee County Tax Rate
0.74%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Keokee, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24265 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Keokee, Lee County, Virginia
When examining property taxes in Keokee, 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 Lee 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:
In Lee 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. For Keokee, the median home price is $29,350, with tax bills ranging significantly across the county. ZIP code 24265 has the highest median home price at $29,350.
Property Tax Assessment Values Across Keokee, Lee County, Virginia
Source: Ownwell
$16,000
$38,425
$60,850
Median Keokee Market Value
$29,350
Median Lee County Market Value
$50,900
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Keokee, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24265 | $6,640 | $14,700 | $29,350 | $44,275 | $61,060 |
Source: Ownwell
Property Tax Bills Across Keokee, Lee County, Virginia
Keokee property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for determining how much a homeowner owes each year, and changes in market conditions can affect that amount. For homeowners in Keokee, this means a higher assessed value generally leads to a higher tax bill, while a lower assessed value can reduce it.
The median home price in Keokee is $29,350, and the median property tax bill is $218, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills in the area vary, with the 25th percentile at $109 and the 75th percentile at $332, showing how differences in assessed value and local tax rates can affect what homeowners pay.
Median Keokee Tax Bill
$218
Median Lee County Tax Bill
$380
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Keokee, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24265 | $49 | $109 | $218 | $332 | $459 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Lee Tax Assessor | |
| Website | corpac.leecova.org |