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Allison Gap, Virginia property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.52%

Homeowners in Allison Gap, Virginia paid a median $361 a year in property tax on a median home worth $69,900, an effective rate of about 0.52% (Census 2020–2024).

Census ACS 2020–2024 5-year medians · Census-designated place

#66 lowest of 368Virginia places we cover

0.58%Smyth County overall
Median tax paid
$361
per year, 2020–24
Median home value
$69,900
owner-occupied
Effective rate
0.52%
tax ÷ value
Tax vs. income
1.0%
of $36,635 median household income
Owner costs
$1,057/mo
median with a mortgage, incl. tax & insurance

Allison Gap vs county, state and US

Effective rate

Allison Gap0.52%
Smyth County0.58%
Virginia0.73%
United States0.94%

Median tax paid per year

Allison Gap$361
Smyth County$805
Virginia$2,790
United States$3,119

Tax on a home in Allison Gap

At the local 0.52% effective rate

Home valueEstimated yearly taxPer month
$150,000$775$65
$250,000$1,291$108
$350,000$1,808$151
$500,000$2,582$215

Buying a home in Smyth County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Allison Gap, Virginia?

Homeowners in Allison Gap, Virginia paid a median $361 a year in property tax on a median home worth $69,900, an effective rate of about 0.52% (Census 2020–2024).

How much is property tax on a $250,000 home in Allison Gap?

About $1,291 a year at the 0.52% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Allison Gap higher than the rest of Virginia?

Allison Gap ranks #66 lowest of 368 Virginia places we track. The statewide effective rate is 0.73%. Smyth County overall is 0.58%.