Property Taxes in Forest, Virginia
Median Forest, Virginia effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Forest, Virginia home value: $236,800
Median annual Forest, Virginia tax bill: $1,066, lower than the national median property tax bill of $2,400.
How are property taxes in Campbell calculated?
Property taxes in Forest, 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 Forest's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Forest, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Forest Property Tax Calculator Work?
Use this Forest property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Forest's median effective tax rate of 0.45% — based on actual property records in Campbell 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 Forest'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 Forest: rates range from 0.45% in 24551 to 0.45% in 24551, 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 Forest.
About Forest Property Taxes
About Property Taxes in Forest, Campbell, Virginia
Forest’s median effective property tax rate of 0.45% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Campbell 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 Forest. Homeowners in ZIP code 24551 carry a median effective rate of 0.45%, while those in the same ZIP code also pay 0.45%. This reflects how school district boundaries and local assessment districts are drawn across Campbell County. Understanding which part of Forest you live in can make a meaningful difference to your annual tax bill.
Forest homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before June 1, 2026.
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 Forest, Campbell 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 Forest'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 Forest Tax Rate
0.45%
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 Campbell County Tax Rate
0.45%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Forest, Campbell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24551 | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Forest, Campbell County, Virginia
When examining property taxes in Forest, 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 Campbell 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 Campbell 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 Forest.
For example, the median home price in Forest is $236,800, with tax bills ranging significantly across the county. 24551 has the highest median home price at $236,800.
Property Tax Assessment Values Across Forest, Campbell County, Virginia
Source: Ownwell
$100,800
$168,800
$236,800
Median Forest Market Value
$236,800
Median Campbell County Market Value
$189,500
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Forest, Campbell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24551 | $173,900 | $202,150 | $236,800 | $284,650 | $345,120 |
Source: Ownwell
Property Tax Bills Across Forest, Campbell County, Virginia
Forest property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for determining what a homeowner owes, and that amount can change when the market changes or when a property is reassessed.
For homeowners in Forest, the median home price is $236,800, and the median property tax bill is $1,066. That bill is lower than the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Property taxes can vary within the area, with bills at the 25th percentile at $912, the 75th percentile at $1,282, and the 90th percentile at $1,554.
These differences matter because a higher assessed value or tax rate can raise a homeowner’s annual bill, while a lower assessment can reduce it.
Median Forest Tax Bill
$1,066
Median Campbell County Tax Bill
$854
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Forest, Campbell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24551 | $785 | $912 | $1,066 | $1,282 | $1,554 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Campbell Tax Assessor | |
| Website | bai.co.campbell.va.us |