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Updated 2025 Tax Year

Giles County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
$0.790 per $100 of assessed value (0.79% effective rate), may vary by district
Exemptions
4+ Available
Section 1

How Property Tax Works

Giles County, Virginia operates under a property tax system that serves as the primary funding source for essential local government services, including public schools, public safety, infrastructure maintenance, and county administration. Property owners in Giles County pay taxes based on the assessed value of their real estate, with assessments conducted by the county's assessment office to determine fair market value.

The property tax system in Giles County follows Virginia state guidelines, with the county setting its own tax rates within legal parameters. Based on 2024 data, Giles County's property tax rate was $0.790 per $100 of assessed value, which translates to an effective rate of 0.79%. It's important to note that actual tax rates can vary by location within the county due to special taxing districts, such as fire districts or service districts, which may impose additional assessments on properties within their boundaries. Property owners should verify their specific tax rate based on their property's location and applicable special districts.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100 AV)Description
Base County Levy$0.790General county operations, schools, and services (FY 2024)
Fire District (if applicable)VariesAdditional assessment for properties in special fire service districts
Service District (if applicable)VariesAdditional assessment for enhanced services in specific areas

Note: The rates shown reflect the 2024 levy year. Rates for 2025 are not yet available and should be confirmed with Giles County government offices. Properties located within special taxing districts will have additional assessments beyond the base county rate. Contact the Giles County Commissioner of Revenue or visit the county website for current rates and to determine which districts apply to your specific property location.

Section 3

When Are Property Taxes Due?

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

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 Giles County are additional property tax assessments that occur outside the regular annual billing cycle. These are typically triggered by significant changes to a property, such as new construction, substantial improvements, or changes in property ownership that affect the assessed value. When improvements are made to a property during the tax year, the county assessor may issue a supplemental assessment to capture the increased value.

The supplemental tax is calculated by determining the difference between the original assessed value and the new assessed value, then applying the current tax rate to that difference. The tax is prorated based on the number of months remaining in the fiscal year from when the change became effective. For example, if a $50,000 addition is completed in January and increases the assessed value by that amount, the supplemental tax would be calculated as: ($50,000 ÷ 100) × $0.790 × (remaining months ÷ 12). Property owners typically receive supplemental tax bills separately from their regular annual property tax bills.

Example Calculation

Example 1: $300,000 Property

  • Assessed Value: $300,000
  • Less: Homestead Tax Credit (if applied): -$0
  • Net Taxable Value: $300,000
  • Annual Tax: ($300,000 ÷ 100) × $0.790 = $2,370
  • Monthly Escrow: $2,370 ÷ 12 = $197.50

Example 2: $600,000 Property

  • Assessed Value: $600,000
  • Less: Senior/Disabled Tax Credit (if qualified and applied): -$500
  • Net Taxable Value: $599,500
  • Annual Tax: ($599,500 ÷ 100) × $0.790 = $4,736.05
  • Monthly Escrow: $4,736.05 ÷ 12 = $394.67

Example 3: $1,000,000 Property

  • Assessed Value: $1,000,000
  • Less: Veteran Disability Tax Credit (if qualified and applied): -$0
  • Net Taxable Value: $1,000,000
  • Annual Tax: ($1,000,000 ÷ 100) × $0.790 = $7,900
  • Monthly Escrow: $7,900 ÷ 12 = $658.33

Note: Tax credits require annual application and qualification verification. Credits shown are examples and actual amounts may vary.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Giles County require borrowers to maintain an escrow account for property tax payments, particularly when the loan-to-value ratio exceeds 80%. The lender collects monthly escrow payments along with the mortgage payment, typically calculated by dividing the annual property tax bill by 12 months. Lenders usually add a cushion amount to ensure sufficient funds are available when taxes are due.

Property tax payments in Giles County are typically due by December 1st annually. Lenders generally make tax payments on behalf of borrowers before the due date to avoid penalties and interest charges. Property owners should verify that their lender has received current tax bills and made timely payments. If there are changes in assessed value or tax rates, escrow payments may be adjusted during the annual escrow analysis. Property owners can request escrow account statements from their lender and should review annual escrow analysis statements to understand any payment changes. Those without escrow accounts are responsible for making direct payments to Giles County by the established due dates.

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Section 6

Frequently Asked Questions

Q: When are Giles County property taxes due for the current fiscal year? A: Property taxes in Giles County are typically due by December 1st annually. Late payments incur penalties and interest charges.

Q: What tax credits are available and do they require application? A: Virginia offers various tax credits including homestead credits, senior/disabled credits, and veteran disability credits. All credits require annual application and qualification verification - they are NOT automatic.

Q: How does the homestead tax credit work? A: The homestead credit limits annual assessment increases rather than reducing market value. It typically caps assessment growth to protect long-term residents from rapid property value increases. Application is required annually.

Q: How often are properties reassessed in Giles County? A: Contact the Giles County Assessor's office for the current reassessment schedule. Property owners have appeal rights if they disagree with assessed values.

Q: What are the penalties for late property tax payments? A: Late payments incur penalties and interest charges. Contact the Giles County Treasurer's office for current penalty rates and payment options.

Q: Can I pay property taxes online? A: Check the Giles County government website or contact the Treasurer's office for available online payment options and accepted payment methods.

Q: Do special districts affect my property tax rate? A: Yes, properties located within fire districts or other special service districts may have additional assessments beyond the base county rate.

Q: How do I apply for available tax credits? A: Contact the Giles County Commissioner of Revenue for credit applications, eligibility requirements, and annual filing deadlines. Most applications have specific deadline dates.

Q: What if I disagree with my property assessment? A: Property owners have the right to appeal assessments. Contact the Giles County Assessor's office for appeal procedures, deadlines, and required documentation.

Q: Are there payment plan options for property taxes? A: Contact the Giles County Treasurer's office to inquire about payment plan availability, qualification requirements, and terms for property tax obligations.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Tax Rates for County, City, Town, and Districts. TY 2024tax.virginia.gov
02
Tax Doc
VAST01124888 - Virginia Taxtax.virginia.gov
03
County
Tax Rates for County, City, Town, and Districts. TY 2023tax.virginia.gov
04
County
County Business VIRGINIAkinggeorgecountyva.gov
05
Tax Doc
2025 FORM 760ES - Virginia Taxtax.virginia.gov
06
Tax Doc
Personal Property Tax Relief Payment Schedulefinance.virginia.gov
07
Tax Doc
Tax Exemptions | Virginia Department of Veterans Servicesdvs.virginia.gov
08
Tax Doc
Personal Property Public Tax Roll Summaryloudoun.gov
09
163 FERC ¶ 61197roanokecountyva.gov
10
Bill Tracking - 2020 session > Legislationlegacylis.virginia.gov
All sources verified as of 2025 Tax Year

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