Campbell County, Virginia Property Taxes
The median property tax rate in Campbell County is 0.45%, which is significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $187,800 in Campbell County, the typical annual property tax bill is $848, well below the national median of $2,690. Property taxes in Campbell 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 Campbell 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 Rustburg or another part of Campbell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Campbell County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$845
$784
Ownwell’s Campbell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campbell County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Campbell 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 Campbell County, Virginia
Property taxes in Campbell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Campbell County is 0.45%, which is lower than the U.S. national median of 0.99%. Local government entities within Campbell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Campbell County 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 Campbell County's effective property tax rate with the national median. For comparison, the city of Altavista has a tax rate of 0.45%, which is the same as Campbell County's rate. Analyzing how Campbell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Campbell County Tax Rate
0.45%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campbell County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altavista | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Appomattox | N/A | N/A | N/A | N/A | N/A |
| Brookneal | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Concord | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Evington | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Forest | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Gladys | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Long Island | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Lynchburg | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Lynch Station | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Red House | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Rustburg | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Spout Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Campbell County, Virginia
In Campbell 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 Campbell 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 Campbell 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. 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 Campbell County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Forest has the highest median tax bill at $1,064, while Brookneal has the lowest at $450.
Property Tax Assessment Values Across Campbell County, Virginia
Source: Ownwell
$96,800
$166,450
$236,100
Average Campbell County Assessed Value
$187,800
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Campbell County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altavista | $56,100 | $89,250 | $136,600 | $202,700 | $285,400 |
| Appomattox | N/A | N/A | N/A | N/A | N/A |
| Brookneal | $28,390 | $60,450 | $100,100 | $147,200 | $202,960 |
| Concord | $44,790 | $103,025 | $153,000 | $233,200 | $315,450 |
| Evington | $55,200 | $121,150 | $198,900 | $294,800 | $428,200 |
| Forest | $171,990 | $201,450 | $236,100 | $284,600 | $344,910 |
| Gladys | $29,940 | $67,000 | $120,600 | $178,850 | $246,260 |
| Long Island | $25,900 | $46,700 | $96,800 | $209,600 | $285,200 |
| Lynchburg | $111,200 | $165,700 | $222,200 | $272,300 | $333,500 |
| Lynch Station | $38,920 | $82,000 | $141,550 | $282,250 | $504,250 |
| Red House | $32,700 | $49,850 | $131,050 | $263,625 | $323,190 |
| Rustburg | $57,650 | $117,225 | $184,350 | $265,375 | $344,550 |
| Spout Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Campbell County, Virginia
In Campbell County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the home's location, size, and market conditions are considered during the assessment process. For homeowners in Campbell County, the tax bill can vary significantly. The median home price is $187,800, and the median property tax rate is below the national median of 0.99%. Homeowners in the 25th percentile can expect to pay around $526 annually, while those in the 75th percentile may see bills closer to $1,162. At the 90th percentile, the tax bill can reach up to $1,512. In comparison, Forest has the highest median tax bill at $1,064, whereas Brookneal has the lowest at $450. Understanding these variations helps homeowners anticipate their financial obligations and plan accordingly.
Average Campbell County Tax Bill
$848
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Campbell County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altavista | $255 | $403 | $615 | $912 | $1,284 |
| Appomattox | N/A | N/A | N/A | N/A | N/A |
| Brookneal | $128 | $266 | $450 | $662 | $914 |
| Concord | $197 | $460 | $685 | $1,049 | $1,418 |
| Evington | $256 | $549 | $896 | $1,328 | $1,929 |
| Forest | $781 | $909 | $1,064 | $1,281 | $1,552 |
| Gladys | $142 | $309 | $548 | $807 | $1,106 |
| Long Island | $121 | $230 | $451 | $946 | $1,294 |
| Lynchburg | $514 | $752 | $1,003 | $1,227 | $1,501 |
| Lynch Station | $176 | $369 | $637 | $1,269 | $2,269 |
| Red House | $147 | $224 | $590 | $1,186 | $1,454 |
| Rustburg | $263 | $528 | $829 | $1,193 | $1,545 |
| Spout Spring | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell