Property Tax in Lee County
via TaxByCounty
Lee County offers extreme affordability
Lee County's effective tax rate of 0.594% is historically low, and with a median home value of just $98,700, residents pay only $586 annually in property taxes—78% less than the national median. This reflects Lee County's position as one of Virginia's most economically challenged regions.
Below-average rate, lowest home values
Lee County's effective tax rate of 0.594% sits slightly below Virginia's state average of 0.671%, but its median home value of $98,700 is less than half the state median. Median taxes of $586 are 70% below Virginia's $1,960 median.
Lowest-value properties in Southwest Virginia
Lee County's median home value of $98,700 is significantly lower than other Southwestern Virginia counties, though its 0.594% tax rate is moderate for the region. The combination yields the lowest absolute tax bills in Virginia.
What $98,700 home costs yearly
On Lee County's median home value of $98,700, homeowners pay approximately $586 per year in property taxes—less than $50 monthly. This reflects the county's severe economic challenges and historically depressed property market.
Even small overassessments add up
While Lee County's overall tax burden is light, even modest overassessments can squeeze already-tight family budgets in this economically vulnerable area. Appeal options exist and could provide meaningful relief.