Clarke County Property Taxes
The median property tax rate in Clarke 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 a median home value of $342,200, the typical annual property tax bill in Clarke County reaches $2,002, which is below the national median of $2,690. Property taxes in Clarke County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Clarke 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 Berryville or another part of Clarke County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clarke County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$2,053
$1,905
Ownwell’s Clarke County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Clarke County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Clarke 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 Clarke County, Virginia
Property taxes in Clarke County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clarke County is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Clarke County set these rates annually, and they can vary significantly between different areas within the county. Each year, Clarke 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 Clarke County's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Berryville has a property tax rate of 0.60%, aligning with Clarke County's rate. Analyzing how Clarke County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clarke County Tax Rate
0.60%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarke County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Berryville | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Bluemont | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Boyce | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Front Royal | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Millwood | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Paris | 0.48% | 0.60% | 0.60% | 0.60% | 0.60% |
White Post | 0.52% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Clarke County, Virginia
In Clarke 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 Clarke 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 Clarke 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 Clarke County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Clarke County, Millwood has the highest median tax bill at $2,066, while Bluemont has the lowest at $1,828. This compares to the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Clarke County, Virginia
Source: Ownwell
$309,600
$342,100
$374,600
Average Clarke County Assessed Value
$342,200
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarke County, Virginia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Berryville | $160,550 | $227,925 | $352,200 | $459,475 | $582,600 |
Bluemont | $174,340 | $218,850 | $309,600 | $451,450 | $599,660 |
Boyce | $174,100 | $238,050 | $346,900 | $443,150 | $661,300 |
Front Royal | $196,340 | $248,100 | $311,600 | $407,900 | $460,660 |
Millwood | $344,400 | $344,400 | $344,400 | $344,400 | $344,400 |
Paris | $200,600 | $272,500 | $374,600 | $507,550 | $765,000 |
White Post | $148,500 | $217,700 | $369,450 | $560,000 | $1,030,300 |
Source: Ownwell
Property Tax Bills Across Clarke County, Virginia
In Clarke 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 county's property tax rate to determine the annual tax bill. Homeowners in Clarke County experience a range of tax bills, with the 25th percentile paying around $1,362 and the 75th percentile paying up to $2,645. For those in the 90th percentile, tax bills can reach as high as $3,391. Several factors influence these tax bills, including the home's market value, any applicable exemptions, and the specific tax rate set by the county. Homeowners in Millwood experience the highest median tax bill at $2,066, while those in Bluemont see a slightly lower median at $1,828. Compared to the national median property tax rate of 0.99%, Clarke County's tax rates can significantly impact homeowners, affecting their annual financial planning and overall cost of homeownership.
Average Clarke County Tax Bill
$2,002
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarke County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Berryville | $959 | $1,361 | $2,042 | $2,651 | $3,267 |
Bluemont | $1,046 | $1,312 | $1,828 | $2,600 | $3,484 |
Boyce | $1,042 | $1,402 | $2,024 | $2,588 | $3,682 |
Front Royal | $1,178 | $1,489 | $1,870 | $2,399 | $2,705 |
Millwood | $2,066 | $2,066 | $2,066 | $2,066 | $2,066 |
Paris | $1,133 | $1,583 | $2,046 | $2,909 | $3,779 |
White Post | $891 | $1,300 | $2,039 | $3,096 | $4,891 |
Source: Ownwell