Carson, Virginia Property Taxes
The median property tax rate in Carson, VA is 0.48%, significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Carson at $192,600, the typical annual property tax bill amounts to $892, which is well below the national median of $2,690. Property taxes in Carson are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Carson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Carson or another part of the city, being well-informed about 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
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$924
$858
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 0.48%, lower than both the Virginia state median and 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 23830 zip code has the highest median property tax rate of 0.48%, while the 23830 zip code also has the lowest median tax rate of 0.48%. Understanding how these cities compare with Carson provides valuable insights into the varying tax landscape across Sussex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson Tax Rate
0.48%
Average Sussex County Tax Rate
0.48%
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 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
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 Sussex County Assessor 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 highest median tax bill in Carson is $892.00 in the 23830 zip code, while the lowest is also $892.00 in the same zip code.
Average Carson Assessed Value
$192,600
Average Sussex County Assessed Value
$103,200
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 | $34,880 | $135,400 | $192,600 | $227,700 | $273,200 |
Source: Ownwell
Property Tax Bills Across Carson, Virginia
In Carson, Sussex County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Carson is $192,600, and the property tax rate is applied to this value to calculate the tax obligation. Several factors influence the assessed value, including the property's size, location, and condition. Homeowners in Carson can expect their tax bills to vary, with the 25th percentile tax bill at $408 and the 75th percentile reaching $1,034. The 90th percentile tax bill can go up to $1,210. These figures reflect the range of property tax burdens that homeowners might face, impacting their overall housing costs. By understanding these factors, homeowners can better anticipate their property tax expenses and plan their finances accordingly.
Average Carson Tax Bill
$892
Average Sussex County Tax Bill
$480
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 | $142 | $408 | $892 | $1,034 | $1,210 |
Source: Ownwell