Virginia · County property tax · ACS 2024
Craig County Property Taxes
The median homeowner in Craig County pays $1,064 a year, an effective rate of 0.56%, well below the U.S. average.
- $1,064
- Median tax / yr · Below-median bill
- 0.56%
- Effective rate · Low rate
- -47%
- vs U.S. average
- #87 of 133
- rank in VA
The verdict
Homeowners in Craig County pay a median $1,064 a year in property tax, an effective rate of 0.56%, more affordable than 76% of U.S. counties (Census ACS 2024).
- $1,064
- Median annual tax bill, 2024
- 0.56%
- Effective rate on median home
- #740 of 3135
- U.S. counties by tax burden
- -47%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($189,000). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Virginia. Population: 4,856. Owner-occupied homes: 1,453.
The median annual property tax in Craig County is $1,064, which is 62% lower than the Virginia state average and 47% below the national average. The effective tax rate is 0.56% on a median home value of $189,000. Property taxes represent 1.5% of the median household income in this county.
Craig County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Craig County's 0.56% effective rate sits near the middle of 3,135 tracked counties (more affordable than 76%).
Decision signal 2
The bill sits well below the national median
Homeowners in Craig County pay a median annual property tax of $1,064, well below the national median and far below the Virginia state median. On a $189,000 median home, that works out to an effective rate of 0.56% once the local assessment base and millage are combined.
Decision signal 3
Income carries a light tax share
Property taxes in Craig County run a bit below the commonly cited 2%-4% national benchmark, at about 1.5% of the $69,057 median household income.
Decision signal 4
Near the middle of Virginia counties by effective rate
Craig County ranks #87 of 133 counties in Virginia by effective rate (35% of in-state counties pay a lower rate).
Decision signal 5
The latest release moved the bill up
Since 2023, the published ACS median estimate has climbed 11.1%, from $958 to $1,064. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.
Informational notice
Figures describe the median homeowner household in Craig County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 35% from $791 to $1,064. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The fullest band here is the $800 to $1,499 range, holding 508 of 1,453 owner-occupied homes (35.0%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Incomes run above the national midpoint and the rate is in the lowest quarter, leaving the median bill at 1.5% of median household income. Both figures move in the same direction here, so the ratio above is not pulled in two directions the way it is in most counties.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Craig County Homeowners Actually Pay
The single largest group of Craig County homeowners, 508 of 1,453 owner-occupied homes (35.0%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 31.6% (459)
- $800 to $1,499 35.0% (508)
- $1,500 to $1,999 4.6% (67)
- $2,000 to $2,999 17.4% (253)
- $3,000 or more 10.3% (150)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
16 homes here (1.1%) report no real estate tax at all. Exemptions are set by state: how Virginia handles assessments and appeals.
With vs Without Mortgage
In Craig County, mortgaged homeowners actually pay 14% less than those without a mortgage, a mild inversion from the national norm worth cross-checking against the historical table above.
Craig County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Craig County's effective rate is higher than 35% of the 133 counties in Virginia - ranking #87 of 133.
Where Craig County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.56% Among the most affordable more affordable than 76% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
What changed since 2020
The median bill in Craig County moved from $791 in the 2020 release to $1,064 in 2024, a change of about 35%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Craig County vs Benchmarks
| Metric | Craig County | Virginia Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Low rate | |||
| Median Home Value | |||
| Tax as % of income Light income burden | 1.5% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Craig County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Virginia counties.
Craig County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,064 +11.1% | 0.56% |
| 2023 | $958 +13.4% | 0.46% |
| 2022 | $845 +7.6% | 0.46% |
| 2021 | $785 -0.8% | 0.44% |
| 2020 | $791 | 0.53% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Craig County: tax takes only 1.5% of income
Counties near Craig County's effective rate
On effective rate, Craig County sits nearest Madison County (TN), Clay County (TN), Union County (SC).
On published median-tax change, the nearest matches are Liberty County (TX), Forsyth County (GA), Steele County (ND).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Craig County: only 3% of returns show Schedule A real-estate tax
Tax year 2022: 60 of 2,290 returns from Craig County reported real estate taxes, averaging $2,833 - 67% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Virginia
Craig County rate FAQs
- How does Craig County property tax compare to the national average?
- Property taxes in Craig County run well below the national median of $1,993, an effective rate of 0.56% versus 0.92% nationally.
- What is the tax affordability score for Craig County?
- Craig County, Virginia scores B+ (79/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-159). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Craig County, Virginia?
- The median annual property tax in Craig County is $1,064, an effective rate of 0.56% on a $189,000 median home (Census ACS, 2024).
- Are property taxes increasing in Craig County?
- The ACS median property-tax bill for Craig County is recorded at $1,064 in the 2024 5-year release against $791 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 1,453 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
- What percentage of income goes to property taxes in Craig County?
- Property taxes in Craig County run a bit below the commonly cited 2%-4% national benchmark, at about 1.5% of the $69,057 median household income.
What to do with Craig County's QUIET rate
Craig County's $1,064 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.5% of Craig County's $69,057 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Craig County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.56%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,064/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Craig County
Nearest ABS(median_tax) ACS peers for Craig County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Cherokee County, NC
ABS(median_tax) peer · tied with Craig County at $1,064/yr; rate 0.46% vs Craig County 0.56%.
Ballard County, KY
ABS(median_tax) peer · $1,065/yr (near-tied bill ABS $1); rate 0.73% vs Craig County 0.56%.
Emmons County, ND
ABS(median_tax) peer · $1,063/yr (near-tied bill ABS $1); rate 0.91% vs Craig County 0.56%.
Washington County, VA
ABS(median_tax) peer · $1,065/yr (near-tied bill ABS $1); rate 0.50% vs Craig County 0.56%.
Virginia county set
State ACS overview for every published Virginia county rate and median bill.
Assessment cycle basics
Craig County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Craig County (QUIET · LIGHT) - ACS medians, not a parcel bill.