Stuarts Draft, Augusta County, Virginia Property Taxes

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

Median Stuarts Draft, 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 Stuarts Draft, VA home value: $198,250
Median annual Stuarts Draft, VA tax bill: $1,243, $1,157 lower than the national median property tax bill of $2,400.

How are property taxes in Augusta calculated?

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

Last Updated March 1, 2025

Stuarts Draft, 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

$1,249

$1,159

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

Property Tax Rates Across Stuarts Draft, Augusta County, Virginia

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the basic annual process.

In Stuarts Draft, located in Augusta County, the effective property tax rate is a key consideration for homeowners. Compared to the national median property tax rate of 1.02%, Stuarts Draft offers a favorable rate. This can be appealing for potential homeowners or investors seeking lower property tax burdens. The median rate in Virginia aligns with the rate in Stuarts Draft, making it consistent across the state. This consistency can provide a sense of financial predictability for property owners in the area. While property tax rates are just one factor in the decision-making process, understanding these rates can help individuals make informed choices about where to invest or settle down.

Property Tax Rates Across Stuarts Draft, 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 Stuarts Draft 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 Stuarts Draft, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24477	0.63%	0.63%	0.63%	0.63%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Stuarts Draft, Augusta County, Virginia

When examining property taxes in Stuarts Draft, 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 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 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 Stuarts Draft. For example, the median home price in Stuarts Draft is $198,250, with tax bills ranging significantly across the county. Zip code 24477 has the highest median home price at $198,250.

Property Tax Assessment Values Across Stuarts Draft, Augusta County, Virginia

Source: Ownwell

$94,956

$266,803

$438,650

Median Stuarts Draft Market Value

$198,250

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 Stuarts Draft, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24477	$117,250	$153,825	$198,250	$243,475	$300,950

Source: Ownwell

Property Tax Bills Across Stuarts Draft, Augusta County, Virginia

In Stuarts Draft, located in 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 here is $198,250, and the tax bill can range significantly. For instance, the 25th percentile tax bill is $954, while the 75th percentile reaches $1,520. This variance highlights how factors such as property location and improvements can impact tax bills. The highest and lowest median tax bills in the area are both $1,243, indicating a level of consistency within the zip code 24477. Compared to the national median property tax bill of $2,400, homeowners in Stuarts Draft generally pay less. However, even with lower bills, it's crucial for homeowners to ensure their property is assessed accurately. This is where Ownwell can help. By offering property tax appeal and exemption services, Ownwell assists homeowners in potentially reducing their property tax liabilities, ensuring fair assessments and helping to save money on annual tax bills.

Property Tax Bills Across Stuarts Draft, Augusta County, Virginia

Source: Ownwell

$578

$1,671

$2,763

Median Stuarts Draft Tax Bill

$1,243

Median Augusta County Tax Bill

$1,250

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Stuarts Draft, Augusta County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24477	$695	$954	$1,243	$1,520	$1,840

Source: Ownwell