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Updated 2025 Tax Year

Alleghany County
Property Tax Guide

Everything you need to know about property taxes in Alleghany County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
$0.57 per $100 assessed value (varies by special taxing districts)
1st Due
Dec 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Alleghany County, Virginia operates on a property tax system that serves as the primary funding source for local government services, including public schools, emergency services, road maintenance, and county administration. The county assesses property taxes on both real estate and personal property, with real estate taxes being the largest revenue source for essential county operations.

Property tax rates in Alleghany County can vary by location within the county due to special taxing districts and additional assessments. The effective tax rate depends on your property's assessed value, applicable tax credits (which require application), and any special district taxes that may apply to your specific area. Property owners should be aware that tax credits are not automatically applied and must be requested through the proper application process with specific deadlines.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Real Estate Base Rate$0.49 per $100FY 2025 base rate for all real property
Personal Property$2.98 per $100FY 2025 rate for vehicles, boats, etc.
Machinery & Equipment$2.98 per $100FY 2025 rate for business equipment
Millage Rate6.43 millsEquivalent rate expression

Note: Rates shown are for FY 2025 and may vary by special taxing districts within Alleghany County. Additional assessments for school bonds, fire districts, or other special services may apply depending on your property location. Contact the Alleghany County Commissioner of Revenue for district-specific rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Alleghany County, property taxes are due in two installments:

First Installment
Dec 5
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Alleghany County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements made after the annual assessment date. These taxes are calculated based on the prorated value of the change from the effective date through the end of the current tax year.

Common triggers for supplemental taxes include: property sales that result in reassessment to market value, completion of new construction or major renovations, and changes in property use or zoning. For example, if you complete a $50,000 home addition in July, you would receive a supplemental tax bill for the increased assessed value from July through December 5th (the end of the tax year), calculated at the current $0.49 per $100 rate.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Elderly/Disabled Tax Credit (if applicable): -$0
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 ÷ 100 × $0.49 = $1,470
  • Monthly Escrow: $122.50

Example 2: $600,000 Home with Tax Relief

  • Assessed Value: $600,000
  • Less: Tax Relief for Elderly/Disabled Credit: -$1,000
  • Net Taxable Value: $599,000
  • Annual Tax: $599,000 ÷ 100 × $0.49 = $2,935.10
  • Monthly Escrow: $244.59

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Available Tax Credits: -$0
  • Net Taxable Value: $1,000,000
  • Annual Tax: $1,000,000 ÷ 100 × $0.49 = $4,900
  • Monthly Escrow: $408.33

Note: Tax credits shown require application and qualification. Credits are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Alleghany County require borrowers to maintain an escrow account for property tax payments. Your lender collects monthly deposits equal to 1/12 of your estimated annual tax bill and pays the county directly when taxes are due on December 5th. Lenders typically collect an additional 2-month cushion as required by federal regulations.

Your lender will receive tax bills directly from Alleghany County and should make payments before the December 5th deadline to avoid penalties. It's important to review your annual escrow analysis statement to ensure adequate funds are being collected, especially after reassessments or rate changes. If you pay taxes independently, you're responsible for making full payment by December 5th to avoid interest and penalty charges that accrue after the due date.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Alleghany County? A: Real estate taxes are due December 5th for FY 2025. Personal property filing is due May 1st, with payment due December 5th.

Q: What tax credits are available and how do I apply? A: Tax Relief for the Elderly or Disabled is available with application deadline of July 1st. Rehabilitation tax credits may be available for qualifying property improvements. All credits require application - none are automatic.

Q: How does the homestead exemption work? A: Alleghany County offers homestead exemptions for primary residences only. You can only have one homestead exemption, and it must be applied for - it's not automatic. Additional homesteads will be removed and subject to interest and penalties.

Q: How often is my property reassessed? A: Contact the Commissioner of Revenue for current assessment schedules. Reassessments can trigger supplemental taxes if values increase significantly.

Q: What happens if I pay late? A: Interest and penalties accrue after December 5th. Contact the Treasurer's office for specific penalty rates and payment arrangements.

Q: Can I pay property taxes online? A: Contact Alleghany County Treasurer's office for current online payment options and accepted payment methods.

Q: How do I appeal my assessment? A: Assessment appeals must be filed with the Board of Equalization. Contact the Commissioner of Revenue for appeal procedures and deadlines.

Q: Do special districts affect my tax rate? A: Yes, additional taxes for fire districts, school bonds, or other special assessments may apply depending on your property location within Alleghany County.

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