Covington city Property Taxes
Covington city, Virginia
Effective Tax Rate
0.00%
67.9% below state avgMedian Annual Tax
$0
$52/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.78%
At a Glance
Median Home Value
$80,200
State avg ▼ $278,065
Tax w/ Mortgage/yr
$755
$63/mo escrow
Tax w/o Mortgage/yr
$502
$42/mo
State Tax Rate Rank
#103
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Covington city, Virginia
Covington combines low rates, low values
Covington's effective tax rate of 0.784% sits above the national median of 0.72%, yet the city's modest median property tax of just $629 reflects its low median home value of $80,200—less than 30% of the national median. Covington serves as a small industrial city in rural southwest Virginia with limited residential wealth.
Moderate rate, minimal absolute burden
Covington's 0.784% effective rate slightly exceeds Virginia's state average of 0.671%, but the median tax bill of only $629 ranks among the state's lowest. The city's economic profile—smaller homes and lower valuations—keeps absolute tax payments minimal despite the percentage rate.
Poorest neighbor to Craig County
Covington's median property tax of $629 is actually lower than Craig County's $958, despite Covington's higher effective rate, because Covington homes are worth far less. Both represent economically modest communities in the Allegheny region, with Covington serving more industrial purposes.
Lowest tax bills in Virginia
A typical Covington homeowner with the median-valued property of $80,200 pays roughly $629 in annual property taxes. The remarkably low bill reflects the city's modest property values and population base.
Small properties deserve review too
Even homeowners with modest properties benefit from ensuring accurate assessments—overvaluations hit harder when income is limited. A free reassessment appeal could preserve hundreds of dollars across years of payments.
How Covington city Compares
Median Annual Property Tax
Covington city
0.78%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Covington city, Virginia?
How much are property taxes in Covington city?
How does Covington city compare to the Virginia average?
What is the median home value in Covington city, Virginia?
Why is Covington city property tax rate higher than the Virginia average?
How does Covington city rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.