Austinville, Carroll County, Virginia Property Taxes

Name: Property Tax Bills Across Austinville, Carroll County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Austinvile, VA effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Austinvile, VA home value: $82,350
Median annual Austinvile, VA tax bill: $482, $1,918 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

Property taxes in Austinvile, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Austinvile’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Austinvile, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Austinville, Carroll County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$490

$454

Ownwell’s Austinsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Austinsville with just two data points. By entering your property's estimated assessed value, our calculator applies Austinsville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Carroll County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Austinville, Carroll County, Virginia

Local government entities are responsible for setting tax rates, which can vary widely within a state. Each year, counties estimate their budgets to provide essential services and divide that by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Austenville, located in Carroll County, Virginia, the effective property tax rate is 0.59%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other areas, Austenville offers a more affordable property tax rate, making it an attractive option for property owners. The median property tax rate in Virginia aligns with Austenville's rate, highlighting the county's consistency in maintaining lower tax burdens. This lower tax rate can provide significant savings for homeowners, making Austenville a desirable location for those looking to minimize their property tax expenses.

Property Tax Rates Across Austinville, Carroll County, Virginia

Source: Ownwell

0.59%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Austinville Tax Rate

0.59%

Median Effective Carroll County Tax Rate

0.59%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Austinville, Carroll County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24312	0.59%	0.59%	0.59%	0.59%	0.59%

Source: Ownwell

Property Tax Assessment Values Across Austinville, Carroll County, Virginia

When examining property taxes in Austinsville, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Carroll County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Carroll County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Austinsville. For example, the median home price in Austinsville is $82,350, with tax bills ranging significantly across the county. Zip code 24312 has the highest median home price at $82,350.

Property Tax Assessment Values Across Austinville, Carroll County, Virginia

Source: Ownwell

$51,750

$101,350

$150,950

Median Austinville Market Value

$83,000

Median Carroll County Market Value

$89,000

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Austinville, Carroll County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24312	$18,590	$42,550	$83,000	$123,600	$180,280

Source: Ownwell

Property Tax Bills Across Austinville, Carroll County, Virginia

In Austenville, Virginia, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners in Carroll County, the median home price is $82,350, which influences the tax bill significantly. The tax bill can vary, with the 25th percentile at $236 and the 75th percentile reaching $726, indicating a range of financial impacts on residents. The 90th percentile tax bill is $1,053, showcasing the potential for higher costs compared to the national median property tax bill of $2,400.

Factors such as property improvements or changes in market conditions can affect the assessed value, thereby impacting the tax bill. Homeowners in Austenville may find their property tax rates more manageable compared to the national median rate of 1.02%.

Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially reducing their tax burden. By identifying discrepancies in assessments and ensuring that all eligible exemptions are applied, Ownwell helps homeowners achieve significant savings on their property tax bills.

Property Tax Bills Across Austinville, Carroll County, Virginia

Source: Ownwell

$304

$598

$891

Median Austinville Tax Bill

$490

Median Carroll County Tax Bill

$529

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Austinville, Carroll County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24312	$110	$247	$490	$729	$1,060

Source: Ownwell