Property Taxes in Gate City, Virginia
Median Gate City, Virginia effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Gate City, Virginia home value: $99,900
Median annual Gate City, Virginia tax bill: $756, lower than the national median property tax bill of $2,400.
How are property taxes in Scott calculated?
Property taxes in Gate City, 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 Gate City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gate City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Gate City Property Tax Calculator Work?
Use this Gate City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gate City's median effective tax rate of 0.77% — based on actual property records in Scott County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Gate City'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 Gate City: rates range from 0.77% in 24251 to 0.77% in 24251, 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 Gate City.
About Gate City Property Taxes
About Property Taxes in Gate City, Scott, Virginia
Gate City's median effective property tax rate of 0.77% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Scott 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 Gate City. Homeowners in the 24251 ZIP code carry a median effective rate of 0.77%, while those in the lowest ZIP code pay 0.77%. This spread reflects how school district boundaries and local assessment districts are drawn across Scott County. Understanding which part of Gate City you live in can make a meaningful difference to your annual tax bill.
Gate City homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Gate City, Scott 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 Gate City’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 Gate City Tax Rate
0.77%
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 Scott County Tax Rate
0.77%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Gate City, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24251 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Gate City, Scott County, Virginia
When examining property taxes in Gate City, 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 Scott 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 Scott 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 Gate City.
For example, the median home price in Gate City is $99,900, with tax bills ranging significantly across the county. 24251 has the highest median home price at $99,900.
Property Tax Assessment Values Across Gate City, Scott County, Virginia
Source: Ownwell
$52,550
$84,075
$115,600
Median Gate City Market Value
$99,900
Median Scott County Market Value
$96,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Gate City, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24251 | $36,300 | $65,100 | $99,900 | $154,900 | $216,960 |
Source: Ownwell
Property Tax Bills Across Gate City, Scott County, Virginia
How are property tax bills calculated in Gate City?
Property tax bills in Gate City are based on the assessed value of a home and the local tax rate set for Scott County. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners with higher-valued homes generally pay more, while lower-valued homes usually pay less.
What factors are considered?
The main factors are the home’s assessed value, the local tax rate, and any exemptions that may apply. With a median home price of $99,900, the typical tax burden remains below the national median property tax bill of $2,400. In Gate City, the median tax bill is $756, and bills range from $477 at the 25th percentile to $1,180 at the 75th percentile, with the 90th percentile reaching $1,669.
How does this affect homeowners?
A higher assessed value can mean a higher tax bill, even if the homeowner’s income does not change. That makes property taxes an important part of homeownership costs in Gate City.
Median Gate City Tax Bill
$756
Median Scott County Tax Bill
$722
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Gate City, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24251 | $254 | $477 | $756 | $1,180 | $1,669 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Scott Tax Assessor | |
| Website | scottcova.interactivegis.com |