Property Taxes in Draper, Virginia
Median Draper, 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 Draper, Virginia home value: $125,400
Median annual Draper, Virginia tax bill: $925, $1,475 lower than the national median property tax bill of $2,400.
How are property taxes in Pulaski calculated?
Property taxes in Draper, 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 Draper's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Draper, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Draper Property Tax Calculator Work?
Use this Draper property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Draper's median effective tax rate of 0.74% — based on actual property records in Pulaski County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Draper'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 Draper: rates range from 0.74% in 24324 to 0.74% in 24324, 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 Draper.
About Draper Property Taxes
About Property Taxes in Draper, Pulaski, Virginia
Draper’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 Pulaski 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 Draper. Homeowners in ZIP code 24324 carry a median effective rate of 0.74%, while the same ZIP also reflects the city’s median home price of $125,400 and median tax bill of $925. Understanding how assessed value and local taxing districts affect your bill can make a meaningful difference to your annual property taxes.
Draper homeowners who believe their assessed value is too high can file a formal appeal with the Pulaski County 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 Draper, Pulaski 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 Draper'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 Draper 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 Pulaski County Tax Rate
0.74%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Draper, Pulaski County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24324 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Draper, Pulaski County, Virginia
When examining property taxes in Draper, 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 Pulaski County assessor 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 Pulaski 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 Draper.
For example, the median home price in Draper is $125,400, with tax bills ranging significantly across the county. 24324 has the highest median home price at $125,400.
Property Tax Assessment Values Across Draper, Pulaski County, Virginia
Source: Ownwell
$76,900
$158,225
$239,550
Median Draper Market Value
$125,400
Median Pulaski County Market Value
$120,700
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Draper, Pulaski County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24324 | $32,120 | $69,750 | $125,400 | $212,150 | $328,160 |
Source: Ownwell
Property Tax Bills Across Draper, Pulaski County, Virginia
Property tax bills in Draper are calculated by applying the local tax rate to a home’s assessed market value. For homeowners, that means the bill depends on both the value of the property and the tax rate set by local taxing authorities. When assessed values rise, property tax bills can increase even if the tax rate stays the same.
In Draper, the median home price is $125,400, and property tax bills vary widely across homeowners. The 25th percentile tax bill is $506, while the 75th percentile is $1,547. At the higher end, the 90th percentile reaches $2,420. The median tax bill in ZIP code 24324 is $925, which shows how location within the city can affect what a homeowner pays.
These differences matter because property taxes are a recurring housing cost, and a higher assessed value can lead to a larger bill. For many homeowners, understanding how the bill is determined is the first step toward managing long-term housing expenses.
Median Draper Tax Bill
$925
Median Pulaski County Tax Bill
$887
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Draper, Pulaski County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24324 | $229 | $506 | $925 | $1,547 | $2,420 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Pulaski Tax Assessor | |
| Website | www.pulaskicounty.org |