Bland, Bland County, Virginia Property Taxes
Median Bland, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Bland, VA home value: $94,800
Median annual Bland, VA tax bill: $569, $1,831 lower than the national median property tax bill of $2,400.
How are property taxes in Bland calculated?
Property taxes in Bland, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bland, Bland County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$569
$528
Property Tax Rates Across Bland, Bland County, Virginia
Local government entities determine tax rates, which can differ significantly across regions. Each year, counties calculate their necessary budget for public services and divide it by the total assessed value of all taxable property within their area. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this process occurs annually.
In Bland, located in Virginia, the effective property tax rate is 0.60%, which is lower than the national median rate of 1.02%. This difference can lead to substantial savings for property owners compared to other areas across the country. Property owners in Bland benefit from a lower tax burden, making it an attractive location for those looking to reduce their annual property tax expenses. By comparing Bland’s effective property tax rate with other cities in Virginia and the national median, property owners can better understand the potential financial benefits of owning property in this region.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bland Tax Rate
0.60%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bland County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bland, Bland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24315 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Bland, Bland County, Virginia
When examining property taxes in Bland, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bland County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: Bland County assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bland. For example, the median home price in Bland is $94,800, with tax bills ranging significantly across the county. 24315 has the highest median home price at $94,800.
Property Tax Assessment Values Across Bland, Bland County, Virginia
Source: Ownwell
$68,300
$111,450
$154,600
Median Bland Market Value
$94,800
Median Bland County Market Value
$87,700
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bland, Bland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24315 | $32,840 | $63,400 | $94,800 | $148,800 | $248,340 |
Source: Ownwell
Property Tax Bills Across Bland, Bland County, Virginia
Median Bland Tax Bill
$569
Median Bland County Tax Bill
$528
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Bland, Bland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24315 | $199 | $380 | $569 | $895 | $1,488 |
Source: Ownwell