Raven, Russell County, Virginia Property Taxes
Property Taxes in Raven, Virginia
Median Raven, Virginia effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Raven, Virginia home value: $43,200
Median annual Raven, Virginia tax bill: $272, $2,128 lower than the national median property tax bill of $2,400.
How are property taxes in Russell calculated?
Property taxes in Raven, Virginia 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 Raven's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raven, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Raven, Russell County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$272
$253
How Does the Raven Property Tax Calculator Work?
Use this Raven property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Raven's median effective tax rate of 0.63% — based on actual property records in Russell County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Raven's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Raven: rates range from 0.63% in 24639 to 0.63% in 24639, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Raven.
About Raven Property Taxes
About Property Taxes in Raven, Russell, Virginia
Raven’s median effective property tax rate of 0.63% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Russell County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Raven. Homeowners in the 24639 ZIP code carry a median effective rate of 0.63%, while those in the same ZIP code also pay 0.63%. This means the local tax burden is consistent across the area, but the assessed value of a home still plays a major role in the final bill. Raven’s median home price is $43,200, and the median property tax bill is $272, well below the national median property tax bill of $2,400.
Raven homeowners who believe their assessed value is too high can file a formal appeal with the Russell County Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Raven, Russell County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Raven's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Raven Tax Rate
0.63%
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 Russell County Tax Rate
0.63%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Raven, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24639 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Raven, Russell County, Virginia
When examining property taxes in Raven, 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 Russell County assessment process 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.
Assessment notices:
In Russell County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Raven.
For example, the median home price in Raven is $43,200, with tax bills ranging significantly across the county. 24639 has the highest median home price at $43,200.
Property Tax Assessment Values Across Raven, Russell County, Virginia
Source: Ownwell
$20,600
$78,750
$136,900
Median Raven Market Value
$43,200
Median Russell County Market Value
$78,950
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Raven, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24639 | $23,010 | $31,775 | $43,200 | $65,825 | $91,390 |
Source: Ownwell
Property Tax Bills Across Raven, Russell County, Virginia
Property tax bills in Raven are based on the assessed value of a home and the local tax rate set for Russell County. When a property is valued, that assessed amount is used to calculate the bill, so changes in market value can affect what a homeowner owes. For a home with a median price of $43,200, the property tax bill can vary depending on how the assessment is applied and whether any exemptions are available.
For many homeowners, the bill is a recurring cost that can rise or fall as property values and local budgets change. In Raven, the median property tax bill is $272.00, with the 25th percentile at $200 and the 75th percentile at $415. The 90th percentile reaches $576, showing that some homeowners pay much more than the typical bill. Since the national median property tax rate is 1.02% and the national median property tax bill is $2,400, Raven’s bills are far lower than the national norm.
Median Raven Tax Bill
$272
Median Russell County Tax Bill
$497
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Raven, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24639 | $145 | $200 | $272 | $415 | $576 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Russell Tax Assessor | |
| Website | www.russellcountyva.us |