Smyth County, Virginia Property Taxes
Property Taxes in Smyth County, Virginia
Median Smyth County effective property tax rate: 0.59%, significantly lower than the national median of 1.02%.
Median Smyth County home value: $109,200
Median annual Smyth County tax bill: $634, lower than the national median property tax bill of $2,400.
How are property taxes in Smyth County calculated?
Property taxes in Smyth County 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 Smyth County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Marion or another part of Smyth County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Smyth County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$644
$598
How Does the Smyth County Property Tax Calculator Work?
Use this Smyth County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Smyth County's median effective tax rate of 0.59% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
Smyth County's median property tax rate is lower than Virginia's 0.90% median rate and far below the national median property tax rate of 1.02%. The median property tax bill is $634, compared with the national median property tax bill of $2,400 and $1,766 lower than the state median bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Smyth County.
Property Tax Rates Across Smyth County, Virginia
What Are Effective Property Tax Rates Across Smyth County?
Local government entities set tax rates, which vary widely across Smyth County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Smyth County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Smyth County's median effective rate stands at 0.59%, which is lower than the national median of 1.02%. Within Smyth County, the highest rate is found in ATKINS at 0.59%, while ATKINS has the lowest at 0.59%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Smyth County Tax Rate
0.59%
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 Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Smyth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkins | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Ceres | 0.53% | 0.59% | 0.59% | 0.59% | 0.59% |
| Chilhowie | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Damascus | 0.50% | 0.59% | 0.59% | 0.59% | 0.59% |
| Marion | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Rural Retreat | 0.56% | 0.59% | 0.59% | 0.59% | 0.59% |
| Saltville | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Sugar Grove | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Troutdale | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| Broadford | N/A | N/A | N/A | N/A | N/A |
| Glade Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Smyth County, Virginia
When examining property taxes in Smyth County, 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 Smyth County Commissioner of the Revenue 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 Smyth County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 Smyth County.
For example, the median tax bill in Smyth County is $634, with tax bills ranging significantly across the county. Chilhowie has the highest median home price at $132,400.
Median Smyth County Market Value
$109,200
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Smyth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkins | $22,790 | $62,100 | $103,350 | $155,100 | $199,020 |
| Ceres | $11,260 | $30,500 | $88,100 | $132,900 | $177,440 |
| Chilhowie | $22,120 | $75,200 | $132,400 | $191,200 | $258,900 |
| Damascus | $13,450 | $38,625 | $127,500 | $171,900 | $217,650 |
| Marion | $28,490 | $71,800 | $120,000 | $174,325 | $241,320 |
| Rural Retreat | $15,860 | $42,950 | $107,300 | $163,025 | $225,610 |
| Saltville | $14,500 | $40,050 | $74,200 | $126,650 | $185,780 |
| Sugar Grove | $10,600 | $21,200 | $80,300 | $132,900 | $183,500 |
| Troutdale | $17,380 | $50,425 | $78,600 | $127,300 | $177,050 |
| Broadford | N/A | N/A | N/A | N/A | N/A |
| Glade Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Smyth County, Virginia
Property tax bills in Smyth County are calculated by multiplying a home’s assessed value by the local tax rate, so the amount a homeowner owes depends on both the market value of the property and the rate set by local taxing authorities. When assessments rise, tax bills can increase even if the homeowner has not made any changes to the home. Factors such as location, property characteristics, and local budget needs all play a role in the final bill.
For many homeowners, the median home price is $109,200, and the typical tax burden can vary widely across the county. The 25th percentile tax bill is $318, while the 75th percentile is $960 and the 90th percentile is $1,354. Median tax bills also differ by city, from $418.00 in Saltville to $764.00 in Chilhowie. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Smyth County homeowners often face lower bills, but even modest increases can affect monthly budgets.
Median Smyth County Tax Bill
$634
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Smyth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atkins | $121 | $358 | $607 | $907 | $1,164 |
| Ceres | $39 | $141 | $508 | $785 | $1,039 |
| Chilhowie | $114 | $414 | $764 | $1,114 | $1,515 |
| Damascus | $65 | $156 | $747 | $1,014 | $1,284 |
| Marion | $151 | $409 | $699 | $1,020 | $1,417 |
| Rural Retreat | $84 | $220 | $631 | $946 | $1,345 |
| Saltville | $80 | $223 | $418 | $739 | $1,081 |
| Sugar Grove | $62 | $121 | $470 | $781 | $1,079 |
| Troutdale | $98 | $264 | $447 | $717 | $1,027 |
| Broadford | N/A | N/A | N/A | N/A | N/A |
| Glade Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Smyth Tax Assessor | |
| Website | gis.vgsi.com |