Grayson County Property Tax Rate
Virginia
Grayson County, Virginia has an effective property tax rate of 0.56%, which is 39% lower than the national average of 0.92%. On a home valued at $150,100, homeowners pay approximately $843 per year in property taxes. Grayson County ranks #86 out of 133 counties in Virginia for property tax rates.
$843
Per year
$150,100
2024 estimate
1.77%
Median income: $47,730
#86
of 133 counties in VA
Tax Breakdown
With Mortgage
$866
median annual tax
Without Mortgage
$830
median annual tax
Homeowners with a mortgage in Grayson County pay on average $36 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.
How Grayson County Compares
Top Counties in Virginia
Virginia Property Tax Exemptions
Available to Grayson County homeowners
Real Estate Tax Relief (Elderly/Disabled)
Varies by locality; may exempt or defer a portion or all of property taxes
Homeowners age 65+ or permanently disabled; income and net worth limits set by locality (typically income under $50,000-$72,000)
Disabled Veteran
100% exemption from property taxes on primary residence
Veterans with 100% permanent and total service-connected disability; surviving spouse may retain
Veteran Exemption (Partial Disability)
Varies by locality
Veterans with service-connected disability; locality must have adopted the exemption
Property Tax Calculator
Estimate your annual property tax in Grayson County
Estimated Annual Property Tax
$1,680
$140/month · Rate: 0.56%
Quick Facts
Think your property tax is too high?
Homeowners save an average of $1,148/year by appealing their assessment.
Learn How to Appeal →Frequently Asked Questions
Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.