Woodlawn, Carroll County, Virginia Property Taxes
Median WOODLAWN, 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 WOODLAWN, VA home value: $93,800
Median annual WOODLAWN, VA tax bill: $553, $1,847 lower than the national median property tax bill of $2,400.
How are property taxes in Carroll calculated?
Property taxes in WOODLAWN, 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 WOODLAWN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WOODLAWN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodlawn, 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
$553
$514
Property Tax Rates Across Woodlawn, Carroll County, Virginia
Local government entities in Virginia set property tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide essential services and divides that total by the value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the general process followed each year.
In Woodlawn, located in Carroll County, the effective property tax rate is an example of how these rates can differ across Virginia. The median property tax rate in Virginia is notably lower than the national median, making it an attractive option for property owners. Comparing Woodlawn’s effective tax rate to other cities in Virginia and the median rates in both Virginia and the U.S. offers valuable insights. Homeowners in Woodlawn benefit from this competitive rate, which is advantageous when considering the national landscape. Understanding these dynamics can help property owners make informed decisions and potentially save on property taxes.
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 Woodlawn 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 Woodlawn, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24381 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Woodlawn, Carroll County, Virginia
When examining property taxes in Woodlawn, 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 Woodlawn. For example, the median home price in Woodlawn is $93,800, with tax bills ranging significantly across the county. Zip code 24381 has the highest median home price at $93,800.
Property Tax Assessment Values Across Woodlawn, Carroll County, Virginia
Source: Ownwell
$51,750
$101,350
$150,950
Median Woodlawn Market Value
$93,800
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 Woodlawn, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24381 | $23,000 | $57,200 | $93,800 | $146,600 | $212,460 |
Source: Ownwell
Property Tax Bills Across Woodlawn, Carroll County, Virginia
Median Woodlawn Tax Bill
$555
Median Carroll County Tax Bill
$529
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Woodlawn, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24381 | $133 | $333 | $555 | $864 | $1,253 |
Source: Ownwell