Property Taxes in Davenport, Virginia
Median Davenport, Virginia effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Davenport, Virginia home value: $43,300
Median annual Davenport, Virginia tax bill: $169, lower than the national median property tax bill of $2,400.
How are property taxes in Buchanan calculated?
Property taxes in Davenport, 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 Davenport's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Davenport, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Davenport Property Tax Calculator Work?
Use this Davenport property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Davenport's median effective tax rate of 0.39% — based on actual property records in Buchanan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Davenport'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 Davenport: rates range from 0.39% in 24239 to 0.39% in 24239, 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 Davenport.
About Davenport Property Taxes
About Property Taxes in Davenport, Buchanan, VA
Davenport’s median effective property tax rate of 0.39% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Buchanan 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 Davenport. Homeowners in the 24239 ZIP code carry a median effective rate of 0.39%, while those in the same ZIP code pay 0.39%. This spread reflects how school district boundaries and local assessment districts are drawn across Buchanan County. Understanding which part of Davenport you live in can make a meaningful difference to your annual tax bill.
Davenport homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the 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 Davenport, Buchanan 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 Davenport'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 Davenport Tax Rate
0.39%
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 Buchanan County Tax Rate
0.39%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Davenport, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24239 | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Davenport, Buchanan County, Virginia
When examining property taxes in Davenport, 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 Buchanan 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 Buchanan 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 Davenport.
For example, the median home price in Davenport is $43,300, with tax bills ranging significantly across the county. 24239 has the highest median home price at $43,300.
Property Tax Assessment Values Across Davenport, Buchanan County, Virginia
Source: Ownwell
$31,350
$42,075
$52,800
Median Davenport Market Value
$43,300
Median Buchanan County Market Value
$47,800
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Davenport, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24239 | $7,020 | $15,300 | $43,300 | $68,400 | $100,300 |
Source: Ownwell
Property Tax Bills Across Davenport, Buchanan County, Virginia
Property tax bills in Davenport are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the tax rate to that assessed value to determine the bill, so changes in assessment can directly affect what a homeowner owes.
Several factors can influence the final amount, including the home’s characteristics, location, and any local exemptions or tax rates set by the county and other taxing districts. With a median home price of $43,300, property taxes in this area can still vary from one property to another depending on how each home is assessed.
For homeowners, this means a tax bill may rise if the assessed value increases, even if the home has not been sold. The typical tax burden in the area is relatively low, with the 25th percentile at $60, the 75th percentile at $267, and the 90th percentile at $391. In ZIP code 24239, the highest and lowest median tax bill is $169.00.
Median Davenport Tax Bill
$169
Median Buchanan County Tax Bill
$186
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Davenport, Buchanan County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24239 | $27 | $60 | $169 | $267 | $391 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Buchanan Tax Assessor | |
| Website | egov.buchanancounty-va.gov |