Surry, Surry County, Virginia Property Taxes

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

Median Surry, VA effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Surry, VA home value: $228,300. Median annual Surry, VA tax bill: $1,621, $779 lower than the national median property tax bill of $2,400.

How are property taxes in Surry calculated?

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

Last Updated March 1, 2025

Surry, Surry County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$1,630

$1,513

Ownwell’s Surry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Surry with just two data points. By entering your property's estimated assessed value, our calculator applies Surry’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 51181. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Surry, Surry County, Virginia

Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. In Surry, Virginia, the effective property tax rate stands at 0.71%, which is considerably lower than the national median property tax rate of 1.02%. This lower rate can lead to significant savings for property owners in Surry compared to those in other parts of the country. When comparing Surry's property tax rate to other cities in Virginia, it remains consistent, reflecting a stable and predictable tax environment for residents. This favorable tax rate, combined with the area's appeal, makes Surry an attractive location for property investment.

Property Tax Rates Across Surry, Surry County, Virginia

Source: Ownwell

0.71%

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 Surry Tax Rate

0.71%

Median Effective Surry County Tax Rate

0.71%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Surry, Surry County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23883	0.71%	0.71%	0.71%	0.71%	0.71%

Source: Ownwell

Property Tax Assessment Values Across Surry, Surry County, Virginia

When examining property taxes in Surry, 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 Surry 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 Surry 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 Surry. For example, the median home price in Surry is $228,300, with tax bills ranging significantly across the county. Zip code 23883 has the highest median home price at $228,300.

Property Tax Assessment Values Across Surry, Surry County, Virginia

Source: Ownwell

$141,250

$211,325

$281,400

Median Surry Market Value

$229,600

Median Surry County Market Value

$195,100

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Surry, Surry County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23883	$57,830	$131,775	$229,600	$355,125	$481,950

Source: Ownwell

Property Tax Bills Across Surry, Surry County, Virginia

In Surry, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which can fluctuate based on market conditions and changes to the property. Factors such as property size, location, and improvements can influence this assessed value. Homeowners in Surry pay a median property tax bill of $1,621, which is below the national median of $2,400. However, tax bills can vary significantly, with some homeowners paying as low as $910, while others face bills as high as $3,400. These variations can impact a homeowner's financial planning, making it crucial to ensure assessments are accurate. Ownwell assists homeowners in Surry by offering property tax appeal services, potentially lowering their tax bills. By analyzing market trends and comparable properties, Ownwell identifies opportunities for tax savings, helping homeowners pay only their fair share. This service can provide peace of mind and significant financial relief.

Property Tax Bills Across Surry, Surry County, Virginia

Source: Ownwell

$1,003

$1,501

$1,998

Median Surry Tax Bill

$1,630

Median Surry County Tax Bill

$1,385

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Surry, Surry County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23883	$411	$936	$1,630	$2,521	$3,422

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	February 2

Links
Surry Tax Assessor
Website	surry.cama.concisesystems.com