Blue Ridge, Botetourt County, Virginia Property Taxes

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

Median Blue Ridge, VA effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Blue Ridge, VA home value: $199,200
Median annual Blue Ridge, VA tax bill: $1,559, $841 lower than the national median property tax bill of $2,400.

How are property taxes in Botetourt calculated?

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

Last Updated March 1, 2025

Blue Ridge, Botetourt County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$2,071

$1,922

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

Property Tax Rates Across Blue Ridge, Botetourt County, Virginia

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each year, counties calculate their required budget for public services and divide it by the total value of all taxable property in their jurisdiction. This process determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual procedure. In BLUE RIDGE, located in Botetourt County, VA, the effective property tax rate is a key figure for homeowners. With a median property tax rate of 0.79%, it stands below the national median of 1.02%. This lower rate can translate to substantial savings for property owners compared to other regions. Understanding these rates is crucial for homeowners looking to manage their expenses effectively. By comparing BLUE RIDGE’s property tax rate to other cities in Virginia and the national average, residents can gain valuable insights into their property tax obligations.

Property Tax Rates Across Blue Ridge, Botetourt County, Virginia

Source: Ownwell

0.70%

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 Blue Ridge Tax Rate

0.70%

Median Effective Botetourt County Tax Rate

0.70%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Blue Ridge, Botetourt County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24064	0.70%	0.70%	0.70%	0.70%	0.70%

Source: Ownwell

Property Tax Assessment Values Across Blue Ridge, Botetourt County, Virginia

When examining property taxes in Blue Ridge, 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 Botetourt 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.

Assessment notices: In Botetourt 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 Blue Ridge.

For example, the median home price in Blue Ridge is $199,200, with tax bills ranging significantly across the county. Zip code 24064 has the highest median home price at $199,200.

Property Tax Assessment Values Across Blue Ridge, Botetourt County, Virginia

Source: Ownwell

$126,900

$300,850

$474,800

Median Blue Ridge Market Value

$295,850

Median Botetourt County Market Value

$294,050

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Blue Ridge, Botetourt County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24064	$130,760	$229,625	$295,850	$374,700	$509,970

Source: Ownwell

Property Tax Bills Across Blue Ridge, Botetourt County, Virginia

In Blue Ridge, Botetourt County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate, applied to this assessed value, determines the annual tax bill. For a median home price of $199,200, homeowners in Blue Ridge can expect to pay a property tax bill that typically ranges from $1,234 at the 25th percentile to $2,795 at the 90th percentile. This range reflects variations in property values and assessment practices. Compared to the national median property tax bill of $2,400, Blue Ridge homeowners generally experience slightly lower tax bills. However, these taxes can still represent a significant financial burden. Homeowners can benefit from Ownwell's expertise in appealing property tax assessments and securing exemptions. By leveraging local market data and assessment criteria, Ownwell can help reduce tax liabilities, ensuring that homeowners pay only their fair share. This service not only alleviates financial pressure but also enhances property affordability and investment potential.

Property Tax Bills Across Blue Ridge, Botetourt County, Virginia

Source: Ownwell

$885

$2,105

$3,324

Median Blue Ridge Tax Bill

$2,071

Median Botetourt County Tax Bill

$2,062

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Blue Ridge, Botetourt County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24064	$915	$1,606	$2,071	$2,620	$3,567

Source: Ownwell

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Appeal Deadline	June 1

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