Carson, Virginia Property Taxes
The median property tax rate in Carson, VA is 0.74%, notably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $328,050 in Carson, the typical annual property tax bill amounts to $2,432, which is below the national median of $2,690. Property taxes in Carson are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Carson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Carson or another part of Prince George County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carson, Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,780
Ownwell’s Carson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carson 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 Carson, Virginia
Property taxes in Carson, Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Carson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carson 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 Carson's effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 23830 has both the highest and lowest median property tax rate of 0.74%. Understanding how these cities compare with Carson provides valuable insights into the varying tax landscape across Prince George County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson Tax Rate
0.74%
Average Prince George County Tax Rate
0.76%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carson, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23830 | 0.73% | 0.74% | 0.74% | 0.74% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Carson, Virginia
In Carson, 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 Prince George 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 Carson, 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 Carson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Carson is $328,050, with the highest median tax bill recorded at $2,432 in the 23830 zip code.
Average Carson Assessed Value
$328,050
Average Prince George County Assessed Value
$279,600
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carson, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23830 | $184,360 | $248,525 | $328,050 | $395,375 | $478,620 |
Source: Ownwell
Property Tax Bills Across Carson, Virginia
In Carson, VA, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the local assessor’s office and reflects the market value of the property. This assessed value is then multiplied by the property tax rate set by the county to determine the annual tax bill. Factors influencing the tax bill include the market value of the property, any improvements made, and changes in the local tax rate. For example, a median home price in Carson is $328,050, and property tax bills can vary significantly. The 25th percentile tax bill is around $1,813, while the 75th percentile tax bill is approximately $2,958. The highest median tax bill recorded in the area is $2,432. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners by maintaining and improving community standards and services. Homeowners should be aware of these factors as they can influence overall housing affordability and investment decisions.
Average Carson Tax Bill
$2,432
Average Prince George County Tax Bill
$2,102
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Carson, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23830 | $1,255 | $1,813 | $2,432 | $2,958 | $3,534 |
Source: Ownwell