Cartersville, Cumberland County, Virginia Property Taxes
Median Cartersville, VA effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Cartersville, VA home value: $153,540. Median annual Cartersville, VA tax bill: $1,148, $1,252 lower than the national median property tax bill of $2,400.
How are property taxes in Cumberland calculated?
Property taxes in Cartersville, 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 Cartersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cartersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cartersville, Cumberland County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$1,264
$1,173
Property Tax Rates Across Cartersville, Cumberland County, Virginia
Local government entities determine property tax rates, which can differ significantly across a state. Each year, counties assess their budgetary needs for providing services and divide this by the total value of all taxable properties within their boundaries. This calculation establishes the property tax rate. While voting and legislation play roles in determining these rates and budgets, this annual process is the crux of how property taxes are set.
In Cartersville, Virginia, the effective property tax rate offers a comparison to other cities within the state and to the median property tax rates in Virginia and across the United States. The median property tax rate in Virginia is notably below the national median of 1.02%, reflecting the state's generally lower property tax burden. This can be advantageous for property owners in Cartersville, providing them with a relatively lower annual tax bill compared to the national average of $2,400. Understanding these rates can help homeowners make informed financial decisions and potentially save money through property tax appeals and exemptions.
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 Cartersville Tax Rate
0.60%
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 Cumberland County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cartersville, Cumberland County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23027 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Cartersville, Cumberland County, Virginia
When examining property taxes in Cartersville, 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 Cumberland 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 Cumberland 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 Cartersville.
For example, the median home price in Cartersville is $153,540, with tax bills ranging significantly across the county. Zip code 23027 has the highest median home price at $153,540.
Property Tax Assessment Values Across Cartersville, Cumberland County, Virginia
Source: Ownwell
$140,190
$175,455
$210,720
Median Cartersville Market Value
$210,720
Median Cumberland County Market Value
$170,330
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cartersville, Cumberland County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23027 | $69,238 | $129,578 | $210,720 | $301,980 | $421,364 |
Source: Ownwell
Property Tax Bills Across Cartersville, Cumberland County, Virginia
Median Cartersville Tax Bill
$1,235
Median Cumberland County Tax Bill
$1,019
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Cartersville, Cumberland County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23027 | $390 | $762 | $1,235 | $1,808 | $2,626 |
Source: Ownwell