Property Tax in Alleghany County
via TaxByCounty
Alleghany's 0.827% rate ranks in the top 10% nationally
Alleghany County's effective property tax rate of 0.827% significantly exceeds the national median of 0.71%, placing it among the highest-taxed counties nationwide. Yet the median tax bill of $1,011 remains below the national median of $2,690, thanks to modest property values averaging $122,300.
Alleghany ranks among Virginia's highest-rate counties
At 0.827%, Alleghany's effective rate is 23% above Virginia's state average of 0.671%, ranking it in the top 10% statewide. Despite the high rate, median taxes of $1,011 stay below the state median of $1,960 due to lower home values.
Alleghany taxes higher than nearby mountain counties
Alleghany's 0.827% rate substantially exceeds most surrounding rural Virginia counties, reflecting higher service costs in the region's mountainous terrain. Home values around $122,300 are among the lowest in the state, yet residents still face steep percentage rates.
Alleghany homeowners pay about $1,000 per year
A median-value home at $122,300 generates approximately $1,011 in annual property taxes at Alleghany's 0.827% rate. Owners with mortgages pay $1,181, while those without mortgages pay $902.
Even modest Alleghany homes can be overassessed
High effective tax rates like Alleghany's 0.827% make assessment accuracy critical for households. Homeowners should review their assessments to ensure their $122,000-range properties haven't been overvalued, as even small correction could reduce their annual tax burden.