Bland County, Virginia Property Taxes
The median property tax rate in Bland County is 0.60%, which is significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Bland County, the typical annual property tax bill is $528, well below the national median of $2,690. Property taxes in Bland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Bland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Bland or another part of Bland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bland County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$526
$488
Ownwell’s Bland County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bland County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bland County 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 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 Bland County, Virginia
Property taxes in Bland play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bland is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Bland set these rates annually, and they can vary significantly between different areas within the county. Each year, Bland 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 Bland's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Bastian has one of the higher property tax rates in Virginia at 0.60%. Analyzing how Bland's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bland County Tax Rate
0.60%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bland County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bastian | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Bland | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Ceres | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Dublin | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Narrows | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Pearisburg | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Rocky Gap | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Bland County, Virginia
In Bland 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 Bland 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 Bland 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. For instance, the median tax bill in Pearisburg is $928, the highest in the region, while Ceres has the lowest median tax bill at $403. 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 Bland County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Bland County Assessed Value
$87,700
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bland County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bastian | $16,110 | $47,425 | $80,300 | $123,525 | $207,740 |
| Bland | $32,840 | $63,400 | $94,800 | $148,800 | $248,340 |
| Ceres | $17,120 | $27,250 | $68,300 | $168,400 | $260,580 |
| Dublin | $24,100 | $49,500 | $93,400 | $176,000 | $249,100 |
| Narrows | $18,000 | $48,800 | $78,300 | $124,300 | $240,600 |
| Pearisburg | $78,580 | $98,300 | $154,600 | $287,125 | $408,690 |
| Rocky Gap | $22,180 | $55,225 | $88,000 | $140,875 | $209,850 |
Source: Ownwell
Property Tax Bills Across Bland County, Virginia
In Bland County, VA, property tax bills are calculated based on the assessed value of your home, which is determined by the local assessor's office. The assessed value is then multiplied by the local property tax rate to determine your annual tax bill. Factors that influence this assessed value include the market value of similar properties in the area, the condition of your home, and any improvements or renovations made. For homeowners in Bland County, the median home price is $87,700. Property tax bills can vary significantly, with the 25th percentile at $320 and the 75th percentile at $866. At the higher end, the 90th percentile sees tax bills around $1,423. Pearisburg has the highest median tax bill at $928, while Ceres has the lowest at $403. Compared to the national median property tax rate of 0.99%, Bland County offers relatively affordable property taxes, making it an attractive option for homeowners looking to manage their expenses efficiently.
Average Bland County Tax Bill
$528
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690