Eggleston, Giles County, Virginia Property Taxes
Median Eggleston, VA effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Eggleston, VA home value: $110,650
Median annual Eggleston, VA tax bill: $642, $1,758 lower than the national median property tax bill of $2,400.
How are property taxes in Giles County calculated?
Property taxes in Eggleston, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Eggleston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eggleston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Eggleston, Giles County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$369
$343
Property Tax Rates Across Eggleston, Giles County, Virginia
Local government entities set property tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Eggleston, located in Giles County, Virginia, the effective property tax rate is 0.68%. This rate is significantly lower than the national median property tax rate of 1.02%. This favorable rate can lead to substantial savings for homeowners when compared to other parts of the country. The lower property tax burden in Eggleston makes it an attractive option for property owners looking for affordability. Virginia's median property tax rate is also competitive, offering relief to residents across the state. Understanding these rates and how they compare both locally and nationally can empower homeowners to make informed decisions about their property investments.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Eggleston Tax Rate
0.34%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Giles County Tax Rate
0.34%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eggleston, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24086 | 0.22% | 0.34% | 0.34% | 0.34% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Eggleston, Giles County, Virginia
When examining property taxes in Eggleston, Virginia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Giles County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Giles County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Eggleston.
For example, the median home price in Eggleston is $110,650, with tax bills ranging significantly across the county. Zip code 24086 has the highest median home price at $110,650.
Property Tax Assessment Values Across Eggleston, Giles County, Virginia
Source: Ownwell
$61,700
$114,650
$167,600
Median Eggleston Market Value
$108,650
Median Giles County Market Value
$100,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eggleston, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24086 | $35,540 | $69,925 | $108,650 | $168,075 | $286,840 |
Source: Ownwell
Property Tax Bills Across Eggleston, Giles County, Virginia
Median Eggleston Tax Bill
$329
Median Giles County Tax Bill
$330
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Eggleston, Giles County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24086 | $118 | $225 | $329 | $550 | $838 |
Source: Ownwell