Dugspur, Carroll County, Virginia Property Taxes
Median Dugspur, 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 Dugspur, VA home value: $85,000. Median annual Dugspur, VA tax bill: $502, $1,898 lower than the national median property tax bill of $2,400.
How are property taxes in Carroll calculated?
Property taxes in Dugspur, 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 Dugspur’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dugspur, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dugspur, Carroll County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$514
$477
Property Tax Rates Across Dugspur, Carroll County, Virginia
Local government entities determine tax rates, and these rates can differ significantly across a state. This variation occurs because each county annually estimates its budget needs for public services and divides that by the total value of all taxable property within its area, resulting in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly procedure.
In DUGSPUR, located in Carroll County, property tax rates are uniquely positioned when compared to other cities in Virginia. The effective property tax rate here is 0.59%, which is notably below the national median of 1.02%. This makes DUGSPUR an attractive location for property owners seeking lower tax burdens. The median property tax bill in this area is also considerably lower than the national median of $2400, providing further financial relief to homeowners. For those considering a move or investment in Virginia, DUGSPUR offers a compelling case with its favorable property tax environment.
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 Dugspur Tax Rate
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 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 Dugspur, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24325 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Dugspur, Carroll County, Virginia
When examining property taxes in Dugspur, Virginia, 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 Dugspur. For example, the median home price in Dugspur is $85,000, with tax bills ranging significantly across the county. Zip code 24325 has the highest median home price at $85,000.
Property Tax Assessment Values Across Dugspur, Carroll County, Virginia
Source: Ownwell
$51,750
$101,350
$150,950
Median Dugspur Market Value
$87,100
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 Dugspur, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24325 | $21,500 | $50,000 | $87,100 | $126,500 | $186,200 |
Source: Ownwell
Property Tax Bills Across Dugspur, Carroll County, Virginia
In Dugspur, located in Carroll County, Virginia, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Dugspur is $85,000, which influences the property tax bill. Homeowners in this region typically face a median property tax bill of $502, which is significantly lower than the national median of $2,400. Property tax rates and bills can vary, with the 25th percentile tax bill at $290 and the 75th percentile reaching $741, showcasing the range homeowners might expect.
Factors such as property improvements, market trends, and neighborhood changes can affect the assessed value and consequently, the tax bill. For homeowners looking to reduce their property tax bills, appealing the assessed value can be a beneficial strategy. This is where Ownwell comes in, offering expert property tax appeal and exemption services. By leveraging their expertise, Ownwell can help homeowners potentially lower their assessed values and save on their property tax bills, ensuring they pay only their fair share.
Median Dugspur Tax Bill
$512
Median Carroll County Tax Bill
$529
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Dugspur, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24325 | $125 | $296 | $512 | $743 | $1,087 |
Source: Ownwell