Property Tax in Grayson County
via TaxByCounty
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.