Pembroke, Giles County, Virginia Property Taxes
Median Pembroke, VA effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and also lower than the Virginia state median of 0.89%.
Median Pembroke, VA home value: $108,100
Median annual Pembroke, VA tax bill: $711, $1,689 lower than the national median property tax bill of $2,400.
How are property taxes in Giles calculated?
Property taxes in Pembroke, 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 Pembroke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pembroke, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pembroke, 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
$370
$343
Property Tax Rates Across Pembroke, Giles County, Virginia
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Pembroke’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Pembroke, located in Giles County, has a median property tax rate that aligns with the state’s highest and lowest rates. This rate is notably lower than the national median property tax rate of 1.02%. Homeowners in Pembroke benefit from this lower rate, which can result in significant annual savings compared to the national average property tax bill of $2,400. Understanding these differences can be crucial for homeowners looking to optimize their property tax expenses and make informed decisions about property investments in Pembroke.
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 Pembroke 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 Pembroke, Giles County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24136 | 0.34% | 0.34% | 0.34% | 0.34% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Pembroke, Giles County, Virginia
When examining property taxes in Pembroke, VA, 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. Giles County 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 the spring season. 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 Pembroke.
For example, the median home price in Pembroke is $108,100, with tax bills ranging significantly across the county. Zip code 24136 has the highest median home price at $108,100.
Property Tax Assessment Values Across Pembroke, Giles County, Virginia
Source: Ownwell
$61,700
$114,650
$167,600
Median Pembroke Market Value
$108,800
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 Pembroke, Giles County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24136 | $48,530 | $75,200 | $108,800 | $171,750 | $266,000 |
Source: Ownwell
Property Tax Bills Across Pembroke, Giles County, Virginia
In Pembroke, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. In Pembroke, the median home price is $108,100, and property tax bills vary widely, with the 25th percentile at $492 and the 75th percentile reaching $1,081. The 90th percentile tax bill is $1,641, which is still below the national median property tax bill of $2,400.
This variation in tax bills can significantly affect homeowners, influencing their overall financial planning and homeownership costs. Ownwell can assist homeowners in Pembroke by reviewing their property assessments and identifying potential inaccuracies. By appealing inaccurate assessments, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This service can lead to substantial savings, allowing homeowners to allocate their resources more effectively and reduce the financial burden of property taxes.
Median Pembroke Tax Bill
$364
Median Giles County Tax Bill
$330
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Pembroke, Giles County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24136 | $151 | $252 | $364 | $558 | $852 |
Source: Ownwell