Property Tax & Income in Wise County, Virginia
Wise County has an effective property tax rate of 0.58%. On the median home value of $118,600, that's roughly $693 per year. Median household income is $52,943.
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.
| Metric | Wise County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.58% | 0.60% |
| Median home value1 | $118,600 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% 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 Wise County, VA
Wise County’s effective property tax rate of 0.584% sits below Virginia’s statewide median of 0.601%, placing it 74th among the state’s 133 counties. That ranking lands it in the middle of the pack, though the gap from the state figure is narrow. Against the national median of 0.794%, the difference is wider, and the county’s lower rate shows up in the median annual tax bill of $693 on a home valued at $118,600. With median household income at $52,943 and per-capita income of $25,953, property taxes here take a smaller share of earnings than they would in many other places. Communities such as Appalachia, Pound, and East Stone Gap fall under this county’s tax structure, so homeowners across these towns see the same rate applied to their assessments.