Allisonia, Pulaski County, Virginia Property Taxes

Name: Property Tax Bills Across Allisonia, Pulaski County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Allisonia, VA effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Allisonia, VA home value: $101,600
Median annual Allisonia, VA tax bill: $736, $1,664 lower than the national median property tax bill of $2,400.

How are property taxes in Pulaski County calculated?

Property taxes in Allisonia, VA 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 Allisonia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Allisonia, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Allisonia, Pulaski County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$758

$704

Ownwell’s Allisonia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Allisonia with just two data points. By entering your property's estimated assessed value, our calculator applies Allisonia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pulaski County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Allisonia, Pulaski County, Virginia

Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget for 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. In Allisonia, Pulaski County, VA, the effective property tax rate is 0.74%, which is below the national median of 1.02%. This lower rate can be appealing to property owners looking for potential savings. Compared to other cities in Virginia, Allisonia's rate is consistent, as it matches both the highest and the lowest median tax rates within the region. This consistency can offer stability for homeowners who wish to budget their expenses effectively. By understanding these dynamics, property owners in Allisonia can make informed decisions about their real estate investments and potentially benefit from appealing or adjusting their property tax assessments.

Property Tax Rates Across Allisonia, Pulaski County, Virginia

Source: Ownwell

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 Allisonia Tax Rate

0.74%

Median Effective Pulaski County Tax Rate

0.74%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Allisonia, Pulaski County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24347	0.74%	0.74%	0.74%	0.74%	0.74%

Source: Ownwell

Property Tax Assessment Values Across Allisonia, Pulaski County, Virginia

When examining property taxes in Allisonia, VA, 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 Pulaski 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.

In Pulaski County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Allisonia.

For example, the median home price in Allisonia is $101,600, with tax bills ranging significantly across the county. Zip code 24347 has the highest median home price at $101,600.

Property Tax Assessment Values Across Allisonia, Pulaski County, Virginia

Source: Ownwell

$76,900

$158,225

$239,550

Median Allisonia Market Value

$102,450

Median Pulaski County Market Value

$120,700

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Allisonia, Pulaski County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24347	$32,040	$54,525	$102,450	$155,400	$258,310

Source: Ownwell

Property Tax Bills Across Allisonia, Pulaski County, Virginia

In Allisonia, Pulaski County, VA, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is determined by the county and reflects a percentage of the property's market value. With a median home price of $101,600, homeowners in this area face a range of property tax bills. The 25th percentile tax bill is approximately $394, while the 75th percentile reaches $1,118, and the 90th percentile can be as high as $1,666. Compared to the national median property tax bill of $2,400, Allisonia homeowners generally experience lower tax burdens. However, the impact on individual homeowners can vary significantly based on the assessed value of their property. Ownwell assists homeowners in Allisonia by reviewing their property assessments and identifying potential errors or opportunities for exemptions. By appealing incorrect assessments, Ownwell can help reduce property tax bills, ensuring homeowners pay only their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Allisonia, Pulaski County, Virginia

Source: Ownwell

$569

$1,167

$1,764

Median Allisonia Tax Bill

$756

Median Pulaski County Tax Bill

$887

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Allisonia, Pulaski County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24347	$235	$383	$756	$1,150	$1,738

Source: Ownwell