Staunton, Augusta County, Virginia Property Taxes

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

Median Staunton, VA effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Staunton, VA home value: $224,100
Median annual Staunton, VA tax bill: $1,366, $1,034 lower than the national median property tax bill of $2,400.

How are property taxes in Augusta calculated?

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

Last Updated March 1, 2025

Staunton, Augusta County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$1,412

$1,310

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

Property Tax Rates Across Staunton, Augusta County, Virginia

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budget to fund services, dividing this by the total value of all taxable property within their jurisdiction to establish the property tax rate. Although votes and legislative measures play a role in setting these rates and budgets, this is the basic annual procedure.

In Staunton, located in Augusta County, the effective property tax rate is a point of interest. While the national median property tax rate is 1.02%, Staunton's rate is notably different. This comparison highlights the variability of property tax rates not only within Virginia but also across the United States. Staunton's rate stands out when compared to both state and national figures, offering insight into regional tax burdens and potential savings for property owners.

Understanding these differences is crucial for homeowners and potential buyers, as property taxes can significantly impact the overall cost of owning real estate. By examining these rates, individuals can make informed decisions about property investments and financial planning.

Property Tax Rates Across Staunton, Augusta County, Virginia

Source: Ownwell

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 Staunton Tax Rate

0.63%

Median Effective Augusta County Tax Rate

0.63%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Staunton, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24401	0.53%	0.63%	0.63%	0.63%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Staunton, Augusta County, Virginia

When examining property taxes in Staunton, 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 Augusta County assessment office 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 Augusta 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 Staunton. For example, the median home price in Staunton is $224,100, with tax bills ranging significantly across the county. 24401 has the highest median home price at $224,100.

Property Tax Assessment Values Across Staunton, Augusta County, Virginia

Source: Ownwell

$94,956

$266,803

$438,650

Median Staunton Market Value

$224,100

Median Augusta County Market Value

$204,500

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Staunton, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24401	$119,220	$164,400	$224,100	$322,900	$456,843

Source: Ownwell

Property Tax Bills Across Staunton, Augusta County, Virginia

In Staunton, Augusta County, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Staunton is $224,100, with tax bills ranging from the 25th percentile at $1,013 to the 90th percentile at $2,523. The median tax bill in the area is $1,366, which is below the national median property tax bill of $2,400. Factors such as the property's location and its assessed value significantly influence the tax bill amount, impacting homeowners' financial planning. With the highest and lowest median tax bills both at $1,366 in the 24401 zip code, it's evident that property taxes can vary even within a single area. Ownwell offers expert property tax appeal services to help homeowners potentially reduce their tax bills. By analyzing property assessments and market conditions, Ownwell identifies discrepancies and advocates for fair assessments, ensuring homeowners pay only what is necessary. This service can lead to significant savings for homeowners in Staunton.

Property Tax Bills Across Staunton, Augusta County, Virginia

Source: Ownwell

$578

$1,671

$2,763

Median Staunton Tax Bill

$1,366

Median Augusta County Tax Bill

$1,250

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Staunton, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24401	$714	$1,013	$1,366	$1,913	$2,523

Source: Ownwell