Callands, Virginia Property Taxes
The median property tax rate in Callands, VA is 0.62%, significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Callands, the typical annual property tax bill amounts to $272, far below the national median of $2,690. Property taxes in Callands are calculated based on the assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Callands' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Callands or another part of Pittsylvania County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Callands, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$210
$194
Ownwell’s Callands Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Callands with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Callands to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Callands, Virginia
Property taxes in Callands, Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Callands is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Callands set these rates annually, and they can vary significantly across different neighborhoods. Each year, Callands estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Callands' effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 24530 has both the highest and the lowest median property tax rate of 0.62%. Understanding how these cities compare with Callands provides valuable insights into the varying tax landscape across Pittsylvania County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Callands Tax Rate
0.62%
Average Pittsylvania County Tax Rate
0.67%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callands, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24530 | 0.43% | 0.62% | 0.62% | 0.77% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Callands, Virginia
In Callands, Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Pittsylvania County Appraisal District for tax purposes. In contrast, the assessed value 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. In Callands, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Callands helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Callands are both reported at $272.00, with the zip code 24530 reflecting these values.
Average Callands Assessed Value
$33,800
Average Pittsylvania County Assessed Value
$56,200
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callands, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24530 | $6,000 | $12,000 | $33,800 | $103,400 | $188,440 |
Source: Ownwell
Property Tax Bills Across Callands, Virginia
In Callands, Pittsylvania County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $33,800, the tax bill can vary significantly. The 25th percentile tax bill is around $68, while the 75th percentile tax bill reaches up to $720. Homeowners at the 90th percentile might see tax bills as high as $1,101. These tax bills are influenced by several factors, including property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in Callands may find their tax obligations relatively manageable. Understanding these calculations helps homeowners better anticipate their financial commitments and plan accordingly.
Average Callands Tax Bill
$272
Average Pittsylvania County Tax Bill
$436
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Callands, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24530 | $29 | $68 | $272 | $720 | $1,101 |
Source: Ownwell