Pulaski County, Virginia Property Taxes
The median property tax rate in Pulaski County is 0.74%, which is notably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Pulaski County, the typical annual property tax bill is $883, significantly below the national median of $2,690. Property taxes in Pulaski County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Pulaski County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Pulaski or another part of Pulaski County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pulaski County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$888
$824
Ownwell’s Pulaski Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pulaski with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pulaski to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Pulaski County, Virginia
Property taxes in Pulaski play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pulaski is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Pulaski set these rates annually, and they can vary significantly between different areas within the county. Each year, Pulaski estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Pulaski's effective property tax rate with other counties and the national median. For comparison, the city of Allisonia has a property tax rate of 0.74%. Analyzing how Pulaski's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pulaski County Tax Rate
0.74%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pulaski County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allisonia | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Barren Springs | N/A | N/A | N/A | N/A | N/A |
| Belspring | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Draper | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Dublin | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Fairlawn | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Hiwassee | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| New River | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Parrott | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Pulaski | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Radford | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Pulaski County, Virginia
In Pulaski County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Pulaski County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Pulaski County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Pulaski County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, the highest median tax bill in the county is in Radford at $1,760, while the lowest is in New River at $565.
Property Tax Assessment Values Across Pulaski County, Virginia
Source: Ownwell
$76,300
$157,700
$239,100
Average Pulaski County Assessed Value
$120,000
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pulaski County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allisonia | $32,140 | $55,150 | $101,600 | $153,000 | $225,180 |
| Barren Springs | N/A | N/A | N/A | N/A | N/A |
| Belspring | $34,520 | $62,600 | $102,100 | $145,000 | $182,840 |
| Draper | $32,150 | $70,175 | $125,050 | $209,825 | $324,850 |
| Dublin | $56,500 | $102,000 | $139,700 | $198,400 | $281,540 |
| Fairlawn | $75,960 | $100,625 | $137,700 | $188,825 | $254,040 |
| Hiwassee | $26,100 | $54,500 | $110,800 | $170,125 | $280,530 |
| New River | $18,800 | $28,900 | $76,300 | $113,000 | $155,600 |
| Parrott | $34,450 | $56,875 | $85,750 | $118,425 | $164,250 |
| Pulaski | $29,600 | $51,900 | $88,400 | $148,200 | $215,380 |
| Radford | $56,940 | $121,425 | $239,100 | $375,925 | $494,820 |
Source: Ownwell
Property Tax Bills Across Pulaski County, Virginia
In Pulaski County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and condition play a significant role in the assessment process. For example, homes in Radford have the highest median tax bill at $1,760, while those in New River have the lowest at $565. The median home price in Pulaski County is $120,000, and the tax bills can vary widely. Homeowners at the 25th percentile pay approximately $501, whereas those at the 75th percentile pay around $1,367. The 90th percentile tax bill can reach up to $2,086. Compared to the national median property tax rate of 0.99%, Pulaski County's tax rates can offer some relief, but the exact amount varies depending on the specific assessed value of each property. Homeowners need to understand these factors to anticipate their annual tax obligations accurately.
Average Pulaski County Tax Bill
$883
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Pulaski County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allisonia | $237 | $394 | $736 | $1,118 | $1,666 |
| Barren Springs | N/A | N/A | N/A | N/A | N/A |
| Belspring | $241 | $463 | $756 | $1,072 | $1,353 |
| Draper | $223 | $504 | $922 | $1,536 | $2,395 |
| Dublin | $405 | $747 | $1,029 | $1,463 | $2,075 |
| Fairlawn | $540 | $741 | $1,010 | $1,390 | $1,871 |
| Hiwassee | $189 | $388 | $808 | $1,259 | $2,076 |
| New River | $105 | $205 | $565 | $828 | $1,151 |
| Parrott | $228 | $405 | $633 | $859 | $1,200 |
| Pulaski | $208 | $373 | $647 | $1,092 | $1,592 |
| Radford | $394 | $881 | $1,760 | $2,782 | $3,662 |
Source: Ownwell