Grayson County, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 5,080.
The median annual property tax in Grayson County is $820, which is 58% lower than the Virginia state average and 57% below the national average. The effective tax rate is 0.62% on a median home value of $132,300. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$820
-58% vs State
-57% vs US
Median Home Value
$132,300
-52% vs State
-37% vs US
Effective Tax Rate
0.62%
-7% vs State
-35% vs US
With vs Without Mortgage
With Mortgage
$896
$75/mo
Without Mortgage
$763
$64/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $820 +8.6% | 0.62% |
| 2022 | $755 +6.9% | 0.58% |
| 2021 | $706 +3.7% | 0.62% |
| 2020 | $681 +6.6% | 0.62% |
| 2019 | $639 | 0.62% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$42,864
per year
Monthly Tax
$68
per month
Other Counties in Virginia
Arlington County
Tax: $7,774/yr Rate: 0.90%
Halifax County
Tax: $729/yr Rate: 0.49%
Louisa County
Tax: $1,781/yr Rate: 0.65%
Chesapeake city
Tax: $2,937/yr Rate: 0.82%
Franklin County
Tax: $1,188/yr Rate: 0.53%
Henrico County
Tax: $2,416/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Grayson County, Virginia? ▼
The median annual property tax in Grayson County is $820 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.62% on a median home value of $132,300.
How does Grayson County property tax compare to the national average? ▼
Property taxes in Grayson County are 57% below the national average of $1,923. The effective rate of 0.62% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Grayson County? ▼
In Grayson County, homeowners with a mortgage pay a median of $896 in annual property taxes, while homeowners without a mortgage pay $763. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Grayson County? ▼
Property taxes in Grayson County represent approximately 1.9% of the median household income of $42,864. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.