Home›Property Tax›Virginia›Alleghany County
County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Alleghany County, Virginia

Alleghany County has an effective property tax rate of 0.80%. On the median home value of $125,800, that's roughly $1,000 per year. Median household income is $56,188.

Effective Property Tax Rate1
0.80%
median tax $1,000 ÷ median home $125,800
Median Home Value1
$125,800
owner-occupied
Median Household Income1
$56,188
per-capita $33,863
Est. Annual Tax on Median Home1
$1,000
at 0.80% effective rate

What you'll pay, at a glance

Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.

MetricAlleghany CountyVirginia (state context)
Effective property tax rate10.80%0.60%
Median home value1$125,800—
State income tax3top rate 5.75%top rate 5.75%
State sales tax35.77% combined5.77% combined

How this is calculated

The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.

About Alleghany County, VA

Someone shopping in Alleghany County will find home values averaging $125,800, well below what many Virginia markets command. That lower price point pairs with an effective property tax rate of 0.795%, which sits above the statewide median of 0.601% and ranks 29th among Virginia's 133 counties, though it lands almost exactly on the national figure of 0.794%. The combination produces a median annual tax bill of $1,000 — a fairly contained sum given median household income of $56,188 and per-capita income of $33,863. Buyers weighing Clifton Forge, Iron Gate, or Low Moor should note that the higher-than-state-average rate matters less here because assessments stay low; the tax bill itself, not the percentage, is what shapes the monthly budget. Affordability in this corner of Virginia leans on cheap housing stock rather than a discounted levy.

Frequently asked questions

What is the property tax rate in Alleghany County, VA?
The effective rate is 0.80% — meaning the median tax bill equals about 0.80% of the median home value.
How much are property taxes on a median home?
On the median home ($125,800), the estimated annual bill is about $1,000.
Is Alleghany County's rate high or low?
Compare it to the state median of 0.60% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Alleghany County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Alleghany County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.