Property Taxes in Bastian, Virginia
Median Bastian, Virginia effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Bastian, Virginia home value: $123,600
Median annual Bastian, Virginia tax bill: $717, lower than the national median property tax bill of $2,400.
How are property taxes in Tazewell calculated?
Property taxes in Bastian, 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 Bastian's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bastian, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Bastian Property Tax Calculator Work?
Use this Bastian property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bastian's median effective tax rate of 0.58% — based on actual property records in Tazewell 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 Bastian'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 Bastian: rates range from 0.58% in 24314 to 0.58% in 24314, 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 Bastian.
About Bastian Property Taxes
About Property Taxes in Bastian, Tazewell, Virginia
Bastian's median effective property tax rate of 0.58% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Tazewell 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 Bastian. Homeowners in the 24314 ZIP code carry a median effective rate of 0.58%, while those in 24314 pay 0.58%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Tazewell County. Understanding which part of Bastian you live in can make a meaningful difference to your annual tax bill.
Bastian 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 Bastian, Tazewell 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 Bastian'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 Bastian Tax Rate
0.58%
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 Tazewell County Tax Rate
0.58%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Bastian, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24314 | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Bastian, Tazewell County, Virginia
When examining property taxes in Bastian, 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 Tazewell 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 Tazewell County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 example, the median home price in Bastian is $123,600, with tax bills ranging significantly across the county. ZIP code 24314 has the highest median home price at $123,600.
Property Tax Assessment Values Across Bastian, Tazewell County, Virginia
Source: Ownwell
$24,150
$73,875
$123,600
Median Bastian Market Value
$123,600
Median Tazewell County Market Value
$80,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Bastian, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24314 | $51,320 | $76,600 | $123,600 | $234,300 | $352,720 |
Source: Ownwell
Property Tax Bills Across Bastian, Tazewell County, Virginia
How are property tax bills calculated in Bastian?
Property tax bills in Bastian are based on the assessed value of a home and the local tax rate set for the area. For a home with a median market value of $123,600, the tax bill can vary depending on how the property is assessed and which exemptions or local rules apply. In Tazewell County, the median property tax bill is $717, which is well below the national median property tax bill of $2,400 and far under the national median property tax rate of 1.02%.
What affects a homeowner’s bill?
A homeowner’s bill is influenced by the home’s market value, the assessed value used by the county, and any tax relief that may reduce the amount owed. Bills in the area range from $444 at the 25th percentile to $1,359 at the 75th percentile, with the 90th percentile reaching $2,046. That means homeowners with higher-valued or more heavily assessed properties can see much larger tax bills than neighbors with similar homes.
Median Bastian Tax Bill
$717
Median Tazewell County Tax Bill
$464
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Bastian, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24314 | $298 | $444 | $717 | $1,359 | $2,046 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 19 |
Links | |
|---|---|
| Tazewell Tax Assessor | |
| Website | tazewellcova.interactivegis.com |