Highland County, Virginia Property Taxes

Name: Property Tax Bills Across Highland County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Highland County effective property tax rate: 0.48%, significantly lower than the national median of 1.02%.
Median Highland County home value: $166,600
Median annual Highland County tax bill: $799, $1,601 lower than the national median property tax bill of $2,400.

How are property taxes in Highland County calculated?

Property taxes in Highland County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Monterey or another part of Highland County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Highland County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$800

$742

Ownwell’s Highland County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Highland County with just two data points. By entering your property's estimated assessed value, our calculator applies Highland County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Highland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Highland County, Virginia

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Annually, each county calculates its required budget to provide essential services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Highland County, Virginia, the effective property tax rate is 0.48%, which is notably lower than the national median property tax rate of 1.02%. This means that property owners in Highland County enjoy a significantly lower tax burden compared to many other regions in the United States. For example, the national median property tax bill is $2,400, whereas residents in Highland County benefit from a more affordable rate. This lower tax rate can make Highland County an attractive option for property owners seeking to minimize their annual expenses while still enjoying the benefits of local government services.

Property Tax Rates Across Highland County, Virginia

Source: Ownwell

0.48%

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 Highland County Tax Rate

0.48%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Highland County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Blue Grass	0.48%	0.48%	0.48%	0.48%	0.48%
Doe Hill	0.48%	0.48%	0.48%	0.48%	0.48%
Head Waters	0.48%	0.48%	0.48%	0.48%	0.48%
Mc Dowell	0.48%	0.48%	0.48%	0.48%	0.48%
Monterey	0.48%	0.48%	0.48%	0.48%	0.48%
Warm Springs	0.48%	0.48%	0.48%	0.48%	0.48%
Williamsville	0.48%	0.48%	0.48%	0.48%	0.48%
Mustoe	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Highland County, Virginia

When examining property taxes in Highland County, 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 Highland 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 Highland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Highland County.

For example, the median tax bill in Highland County is $863, with tax bills ranging significantly across the county. Mc Dowell has the highest median home price at $179,800.

Property Tax Assessment Values Across Highland County, Virginia

Source: Ownwell

$131,400

$155,600

$179,800

Median Highland County Market Value

$166,600

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Highland County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Blue Grass	$44,140	$87,750	$143,200	$278,125	$523,350
Doe Hill	$41,770	$78,700	$131,400	$277,775	$401,240
Head Waters	$26,600	$56,450	$151,500	$272,050	$464,820
Mc Dowell	$51,920	$101,700	$179,800	$347,300	$592,440
Monterey	$62,820	$102,100	$172,800	$295,950	$492,720
Warm Springs	$66,210	$92,750	$159,200	$276,400	$373,950
Williamsville	$47,590	$96,675	$152,500	$265,025	$397,140
Mustoe	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Highland County, Virginia

In Highland County, VA, property tax bills are a function of the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Highland County can expect their tax bills to vary based on the assessed value of their property and the specific tax rate applied by the county. The median property tax bill in this area is notably lower than the national median of $2,400, with a range from $631 in Doe Hill to $863 in Mc Dowell. For many homeowners, this means a more manageable annual expense compared to other regions. However, tax bills can still vary significantly, with the 25th percentile at $456 and the 90th percentile reaching $2,380. These variations can impact household budgets, making it crucial for homeowners to understand their property's assessed value and the local tax rate. By staying informed, residents can better anticipate their financial obligations and plan accordingly.

Property Tax Bills Across Highland County, Virginia

Source: Ownwell

$631

$747

$863

Median Highland County Tax Bill

$799

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Highland County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Blue Grass	$212	$421	$687	$1,335	$2,512
Doe Hill	$200	$378	$631	$1,333	$1,926
Head Waters	$128	$271	$727	$1,306	$2,231
Mc Dowell	$249	$488	$863	$1,667	$2,844
Monterey	$301	$489	$829	$1,421	$2,370
Warm Springs	$318	$445	$764	$1,327	$1,795
Williamsville	$228	$464	$732	$1,272	$1,906
Mustoe	N/A	N/A	N/A	N/A	N/A

Source: Ownwell