Lynch Station, Campbell County, Virginia Property Taxes

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

Median Lynch Station, VA effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Lynch Station, VA home value: $141,550
Median annual Lynch Station, VA tax bill: $637, $1,763 lower than the national median property tax bill of $2,400.

How are property taxes in Campbell calculated?

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

Last Updated March 1, 2025

Lynch Station, Campbell County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$637

$591

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

Property Tax Rates Across Lynch Station, Campbell County, Virginia

Local government entities determine tax rates, which can significantly differ within a state. Annually, each county calculates its necessary budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Lynch Station, located in Campbell County, the effective property tax rate is 0.45%. This rate aligns with both the highest and lowest median tax rates within the county, indicating a level of consistency across the region. When compared to the national median property tax rate of 1.02%, Lynch Station's rate is substantially lower, offering residents a relatively lighter property tax burden. Additionally, the national median property tax bill stands at $2400, suggesting potential savings for property owners in this area. Understanding these rates can help property owners in Lynch Station make informed decisions about their investments and financial planning.

Property Tax Rates Across Lynch Station, Campbell County, Virginia

Source: Ownwell

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 Lynch Station Tax Rate

0.45%

Median Effective Campbell County Tax Rate

0.45%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lynch Station, Campbell County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24571	0.45%	0.45%	0.45%	0.45%	0.45%

Source: Ownwell

Property Tax Assessment Values Across Lynch Station, Campbell County, Virginia

When examining property taxes in Lynch Station, 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 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.

In Campbell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Lynch Station. For example, the median home price in Lynch Station is $141,550, with tax bills ranging significantly across the county. The 24571 zip code has the highest median home price at $141,550.

Property Tax Assessment Values Across Lynch Station, Campbell County, Virginia

Source: Ownwell

$96,800

$166,450

$236,100

Median Lynch Station Market Value

$141,550

Median Campbell County Market Value

$187,800

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lynch Station, Campbell County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24571	$38,920	$82,000	$141,550	$282,250	$504,250

Source: Ownwell

Property Tax Bills Across Lynch Station, Campbell County, Virginia

In Lynch Station, Campbell County, VA, property tax bills are determined by applying the local tax rate to the assessed value of a property. The median home price in this area is $141,550, which contributes to a median property tax bill of $637. This amount is significantly lower than the national median property tax bill of $2,400. Homeowners in Lynch Station benefit from a more affordable tax burden compared to many other regions. However, the tax bill can vary widely depending on factors such as the property's assessed value and any applicable exemptions or deductions. For instance, the tax bill can range from $369 at the 25th percentile to $2,269 at the 90th percentile. Ownwell helps homeowners potentially save on their property tax bills by offering expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell ensures that homeowners only pay what they truly owe, providing peace of mind and potential cost savings.

Property Tax Bills Across Lynch Station, Campbell County, Virginia

Source: Ownwell

$450

$757

$1,064

Median Lynch Station Tax Bill

$637

Median Campbell County Tax Bill

$848

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Lynch Station, Campbell County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24571	$176	$369	$637	$1,269	$2,269

Source: Ownwell