Grayson County Property Taxes

Grayson County, Virginia

Effective Tax Rate

0.00%

58.2% below state avg

Median Annual Tax

$0

$68/mo escrow

#66 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.62%

vs. Virginia Avg58.2% below
vs. National Avg69.5% below

At a Glance

Median Home Value

$132,300

State avg $278,065

Tax w/ Mortgage/yr

$896

$75/mo escrow

Tax w/o Mortgage/yr

$763

$64/mo

State Tax Rate Rank

#66

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Grayson County, Virginia

Grayson County keeps taxes far below national levels

Grayson County's effective tax rate of 0.620% significantly undercuts the national median of 0.80%, placing it in the bottom quartile of U.S. counties. The median property tax of $820 annually is just 31% of the national median of $2,690.

Among Virginia's lowest-taxing rural counties

Grayson County's 0.620% rate ranks in the bottom third of Virginia's 95 counties and cities, staying below the state average of 0.671%. With median taxes of $820, residents pay less than 42% of Virginia's statewide median of $1,960.

Tax rate matches Giles County across the mountains

Grayson County's 0.620% effective rate aligns closely with Giles County (0.632%), both serving as Appalachian communities with modest home values. At $820 in median taxes, Grayson's bill runs slightly lower than Giles ($907) despite comparable rates.

Median home of $132,300 means $820 annual tax

Grayson County homeowners with a median-valued $132,300 property pay approximately $820 in yearly property taxes. Mortgage holders see the bill rise to $896, while outright owners pay closer to $763.

Appeal your assessment before it's too late

Even in affordable Grayson County, assessors sometimes overshoot fair market value, and you can challenge the determination. A successful appeal could lower your $820 annual bill and ensure you pay only what your home is truly worth.

How Grayson County Compares

Median Annual Property Tax

Grayson County$820
Virginia State Average$1,960
National Average$1,924

Grayson County

0.62%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Grayson County, Virginia?
The effective property tax rate in Grayson County, Virginia is 0.62%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Grayson County?
The median annual property tax payment in Grayson County is $820. Homeowners with a mortgage pay a median of $896, while those without a mortgage pay $763.
How does Grayson County compare to the Virginia average?
Grayson County's effective tax rate of 0.62% is lower than the Virginia state average of 0.70%. The median annual property tax in Grayson County is $820, compared to the state average of $1,960.
What is the median home value in Grayson County, Virginia?
The median home value in Grayson County, Virginia is $132,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Grayson County a low property tax area in Virginia?
Yes — Grayson County's effective property tax rate of 0.62% is below the Virginia average of 0.70%. The median annual property tax of $820 is also lower the state average of $1,960, making it a relatively affordable area for property taxes.
How does Grayson County rank for property taxes in Virginia?
Grayson County ranks #66 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.62% and median annual tax of $820, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

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.