Austinville, Wythe County, Virginia Property Taxes
Property Taxes in Austinville, Virginia
Median Austinvillle, Virginia effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Austinvillle, Virginia home value: $95,900
Median annual Austinvillle, Virginia tax bill: $508, lower than the national median property tax bill of $2,400.
How are property taxes in Wythe calculated?
Property taxes in Austinvillle, 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 Austinvillle's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Austinvillle, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Austinville, Wythe County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$489
$454
How Does the Austinville Property Tax Calculator Work?
Use this Austinville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Austinville's median effective tax rate of 0.51% — based on actual property records in Wythe 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 Austinville'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 Austinville: rates range from 0.51% in 24312 to 0.51% in 24312, 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 Austinville.
About Austinville Property Taxes
About Property Taxes in Austinville, Wythe, Virginia
Austinville’s median effective property tax rate of 0.51% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Wythe 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 Austinville. Homeowners in the 24312 ZIP code carry a median effective rate of 0.51%, while those in the same ZIP also pay 0.51%. This spread reflects how school district boundaries and local assessment districts are drawn across Wythe County. Understanding which part of Austinville you live in can make a meaningful difference to your annual tax bill.
Austinville 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 Austinville, Wythe 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 Austinville's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Austinville Tax Rate
0.51%
Our median effective property tax rate (tax bill Ă· 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 Wythe County Tax Rate
0.52%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Austinville, Wythe County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24312 | 0.51% | 0.51% | 0.51% | 0.52% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Austinville, Wythe County, Virginia
When examining property taxes in Austinville, 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 Wythe 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.
Assessment notices:
In Wythe 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. 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 Austinville.
For example, the median home price in Austinville is $95,900, with tax bills ranging significantly across the county. 24312 has the highest median home price at $95,900.
Property Tax Assessment Values Across Austinville, Wythe County, Virginia
Source: Ownwell
$95,900
$137,025
$178,150
Median Austinville Market Value
$95,900
Median Wythe County Market Value
$143,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Austinville, Wythe County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24312 | $44,280 | $62,850 | $95,900 | $143,900 | $193,120 |
Source: Ownwell
Property Tax Bills Across Austinville, Wythe County, Virginia
Property tax bills in Austinville are based on the assessed value of a home and the local tax rate set for Wythe County. When a property is reassessed, the county estimates its market value, and that value is used to calculate the tax bill. Homes with higher assessed values generally owe more, while lower-valued homes owe less.
For Austinville homeowners, the median home price is $95,900, which helps explain why tax bills here are relatively modest. The median property tax bill is $508, and the 25th percentile bill is $325. At the higher end, the 75th percentile bill is $767, and the 90th percentile bill is $1,014.
These bills can affect monthly housing costs and long-term affordability, especially when home values rise. Because property taxes are tied to assessed value, even small changes in valuation can influence what a homeowner pays each year.
Median Austinville Tax Bill
$508
Median Wythe County Tax Bill
$757
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Austinville, Wythe County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24312 | $227 | $325 | $508 | $767 | $1,014 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Wythe Tax Assessor | |
| Website | wythe.interactivegis.com |