Property Taxes in Tazewell, Virginia
Median Tazewell, 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 Tazewell, Virginia home value: $102,500
Median annual Tazewell, Virginia tax bill: $594, lower than the national median property tax bill of $2,400.
How are property taxes in Tazewell calculated?
Property taxes in Tazewell, 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 Tazewell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tazewell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Tazewell Property Tax Calculator Work?
Use this Tazewell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Tazewell'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 Tazewell'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 Tazewell: rates range from 0.58% in 24651 to 0.58% in 24651, 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 Tazewell.
About Tazewell Property Taxes
About Property Taxes in Tazewell, Tazewell, Virginia
Tazewell’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 Tazewell. Homeowners in the 24651 ZIP code carry a median effective rate of 0.58%, while those in the lowest ZIP also pay 0.58%. This reflects how school district boundaries and local assessment districts are drawn across Tazewell County. Understanding which part of Tazewell you live in can make a meaningful difference to your annual tax bill.
Tazewell homeowners who believe their assessed value is too high can file a formal appeal with the 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 Tazewell, 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 Tazewell'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 Tazewell 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 Tazewell, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24651 | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Tazewell, Tazewell County, Virginia
When examining property taxes in Tazewell, 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a 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 Tazewell is $102,500, with a median tax bill of $594. The highest median home price is in 24651, and the median tax bill there is also $594.
Property Tax Assessment Values Across Tazewell, Tazewell County, Virginia
Source: Ownwell
$24,150
$73,875
$123,600
Median Tazewell Market Value
$102,500
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 Tazewell, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24651 | $42,000 | $67,500 | $102,500 | $158,500 | $238,700 |
Source: Ownwell
Property Tax Bills Across Tazewell, Tazewell County, Virginia
Property tax bills in Tazewell are based on the assessed value of a home, not its market listing price. Local tax rates are applied to that assessed value to determine the annual bill, so changes in valuation can directly affect what a homeowner owes. For a home with a median home price of $102,500, the tax burden can vary depending on how the property is assessed and which exemptions or local rules apply.
In Tazewell, the median property tax bill is $594, which is below the national median property tax bill of $2,400. That means many homeowners here pay less than the typical U.S. homeowner, though individual bills can still differ widely. The 25th percentile bill is $392, while the 75th percentile is $919 and the 90th percentile is $1,384, showing how property taxes can rise for higher-valued homes. For homeowners, this bill is a recurring cost that can affect monthly budgeting and long-term housing affordability.
Median Tazewell Tax Bill
$594
Median Tazewell County Tax Bill
$464
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Tazewell, Tazewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24651 | $244 | $392 | $594 | $919 | $1,384 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 19 |
Links | |
|---|---|
| Tazewell Tax Assessor | |
| Website | tazewellcova.interactivegis.com |