Big Stone Gap, Wise County, Virginia Property Taxes

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Property Taxes in Big Stone Gap, Virginia

Median Big Stone Gap, Virginia effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Big Stone Gap, Virginia home value: $81,100
Median annual Big Stone Gap, Virginia tax bill: $557, lower than the national median property tax bill of $2,400.

How are property taxes in Wise calculated?

Property taxes in Big Stone Gap, Virginia 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 Big Stone Gap's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Big Stone Gap, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Big Stone Gap, Wise County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.69%

Estimate Property Tax Bill

$560

$519

How Does the Big Stone Gap Property Tax Calculator Work?

Use this Big Stone Gap property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Big Stone Gap's median effective tax rate of 0.69% — based on actual property records in Wise County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Big Stone Gap's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Big Stone Gap: rates range from 0.69% in 24219 to 0.69% in 24219, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Big Stone Gap.

About Big Stone Gap Property Taxes

About Property Taxes in Big Stone Gap, Wise, Virginia

Big Stone Gap’s median effective property tax rate of 0.69% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Wise County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Big Stone Gap. Homeowners in the 24219 ZIP code carry a median effective rate of 0.69%, while those in the lowest ZIP code pay 0.69%. This spread reflects how school district boundaries and local assessment districts are drawn across Wise County. Understanding which part of Big Stone Gap you live in can make a meaningful difference to your annual tax bill.

Big Stone Gap homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Big Stone Gap, Wise County, Virginia

As noted earlier, 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 Big Stone Gap's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

Property Tax Rates Across Big Stone Gap, Wise County, Virginia

Source: Ownwell

0.69%

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 Big Stone Gap Tax Rate

0.69%

Median Effective Wise County Tax Rate

0.69%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Big Stone Gap, Wise County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24219	0.69%	0.69%	0.69%	0.69%	0.69%

Source: Ownwell

Property Tax Assessment Values Across Big Stone Gap, Wise County, Virginia

When examining property taxes in Big Stone Gap, 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 Wise 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.

Assessment notices:

In Wise County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.

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. For context, the median home price in Big Stone Gap is $81,100, and the median tax bill is $557, well below the national median property tax bill of $2,400 and national median property tax rate of 1.02%.

Property Tax Assessment Values Across Big Stone Gap, Wise County, Virginia

Source: Ownwell

$32,600

$64,600

$96,600

Median Big Stone Gap Market Value

$81,100

Median Wise County Market Value

$76,000

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Big Stone Gap, Wise County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24219	$36,700	$54,500	$81,100	$129,075	$191,490

Source: Ownwell

Property Tax Bills Across Big Stone Gap, Wise County, Virginia

Property tax bills in Big Stone Gap are calculated from the assessed value of a home and the local tax rate set by Wise County and other taxing authorities. When the assessed value rises, the tax bill can increase unless the rate changes. For a home with a median home price of $81,100, the bill reflects how local officials value the property and apply the tax rate to that value.

Homeowners should also know that property tax bills can vary widely across the city. The 25th percentile tax bill is $375, while the 75th percentile tax bill is $885 and the 90th percentile tax bill is $1,311. In ZIP code 24219, the median tax bill is $557.

These taxes help fund local services, but they also affect monthly housing costs and long-term affordability. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Big Stone Gap homeowners often see lower bills, though the amount still depends on the assessed value and local rates.

Property Tax Bills Across Big Stone Gap, Wise County, Virginia

Source: Ownwell

$225

$446

$666

Median Big Stone Gap Tax Bill

$557

Median Wise County Tax Bill

$523

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Big Stone Gap, Wise County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24219	$253	$375	$557	$885	$1,311

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links
Wise Tax Assessor
Website	wisecountyva-web.tylerhost.net

Frequently Asked Property Tax Questions in Big Stone Gap, Virginia

How are property taxes calculated in Big Stone Gap, Virginia?

Property taxes in Big Stone Gap, Virginia are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Big Stone Gap, Virginia?

To appeal your property taxes in Big Stone Gap, Virginia, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Big Stone Gap, Virginia?

Common property tax exemptions in Big Stone Gap, Virginia include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Big Stone Gap, Virginia?

Property tax deadlines in Big Stone Gap, Virginia vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Big Stone Gap, Virginia?

Ownwell provides professional property tax appeal services in Big Stone Gap, Virginia. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.