Property Taxes in Coeburn, Virginia
Median Coeburn, Virginia effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Coeburn, Virginia home value: $72,800
Median annual Coeburn, Virginia tax bill: $501, lower than the national median property tax bill of $2,400.
How are property taxes in Wise calculated?
Property taxes in Coeburn, 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 Coeburn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coeburn, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Coeburn Property Tax Calculator Work?
Use this Coeburn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Coeburn's median effective tax rate of 0.69% — based on actual property records in Wise County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Coeburn'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 Coeburn: rates range from 0.69% in 24230 to 0.69% in 24230, 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 Coeburn.
About Coeburn Property Taxes
About Property Taxes in Coeburn, Wise, Virginia
Coeburn's median effective property tax rate of 0.69% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Wise 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 Coeburn. Homeowners in the 24230 ZIP code carry a median effective rate of 0.69%, while those in 24230 pay 0.69%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Wise County. Understanding which part of Coeburn you live in can make a meaningful difference to your annual tax bill.
Coeburn 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 Coeburn, Wise 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 Coeburn'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 Coeburn Tax Rate
0.69%
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 Wise County Tax Rate
0.69%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Coeburn, Wise County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24230 | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Coeburn, Wise County, Virginia
When examining property taxes in Coeburn, 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 Wise County assessment office 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 Wise 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 Coeburn is $72,800, with the highest median home price in 24230 at $72,800. The median property tax bill is $501, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Coeburn, Wise County, Virginia
Source: Ownwell
$32,600
$64,600
$96,600
Median Coeburn Market Value
$72,800
Median Wise County Market Value
$76,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Coeburn, Wise County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24230 | $30,900 | $48,300 | $72,800 | $107,400 | $147,760 |
Source: Ownwell
Property Tax Bills Across Coeburn, Wise County, Virginia
How are property tax bills calculated in Coeburn?
Property tax bills in Coeburn are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s assessed value changes, the tax bill can change as well, even if the homeowner has not made any improvements. For a home with a median value of $72,800, the tax bill reflects how local officials value the property for tax purposes rather than what a buyer might pay on the market.
Homeowners in Coeburn typically see tax bills that vary widely depending on property value and location. The median tax bill in the area is $501, while bills at the 25th percentile are $333 and reach $736 at the 75th percentile. At the 90th percentile, the bill rises to $1,017. These differences show how assessed value and local tax rates combine to affect what each homeowner owes each year.
Median Coeburn Tax Bill
$501
Median Wise County Tax Bill
$523
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Coeburn, Wise County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24230 | $214 | $333 | $501 | $736 | $1,017 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Wise Tax Assessor | |
| Website | wisecountyva-web.tylerhost.net |