Property Taxes in Ararat, Virginia
Median Ararat, Virginia effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Ararat, Virginia home value: $61,300
Median annual Ararat, Virginia tax bill: $362, lower than the national median property tax bill of $2,400.
How are property taxes in Carroll calculated?
Property taxes in Ararat, 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 Ararat's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ararat, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Ararat Property Tax Calculator Work?
Use this Ararat property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ararat's median effective tax rate of 0.59% — based on actual property records in Carroll 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 Ararat'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 Ararat: rates range from 0.59% in 24053 to 0.59% in 24053, 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 Ararat.
About Ararat Property Taxes
About Property Taxes in Ararat, Carroll, Virginia
Ararat’s median effective property tax rate of 0.59% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Carroll County 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 Ararat. Homeowners in the 24053 ZIP code carry a median effective rate of 0.59%, while those in the lowest ZIP also pay 0.59%. This reflects how school district boundaries and local assessment districts are drawn across Carroll County. Understanding which part of Ararat you live in can make a meaningful difference to your annual tax bill.
Ararat homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 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 Ararat, Carroll 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 Ararat'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 Ă· 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 Ararat Tax Rate
0.59%
Our median effective property tax rate (tax bill Ă· 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 Carroll County Tax Rate
0.59%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Ararat, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24053 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Ararat, Carroll County, Virginia
When examining property taxes in Ararat, 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 Carroll 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 Carroll County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of November.
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. For Ararat, the median home price is $61,300, and the median tax bill is $362, far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Ararat, Carroll County, Virginia
Source: Ownwell
$51,750
$101,350
$150,950
Median Ararat Market Value
$61,300
Median Carroll County Market Value
$89,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Ararat, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24053 | $14,140 | $24,100 | $61,300 | $89,650 | $119,360 |
Source: Ownwell
Property Tax Bills Across Ararat, Carroll County, Virginia
Property tax bills in Ararat are based on the assessed value of a home, not its market listing price. Local tax rates are applied to that assessment to determine the annual bill, so two homes with different assessed values can owe very different amounts even within the same area.
For homeowners, the biggest factors are the home’s assessed value and the tax rate set by the county. When assessments rise, tax bills can increase as well, even if the homeowner has not sold the property. In Ararat, the median home price is $61,300, and the median property tax bill is $362, which is far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Most homeowners in the area pay between $142 at the 25th percentile and $529 at the 75th percentile, with the 90th percentile reaching $704. That means property taxes can have a meaningful impact on housing costs, especially for owners whose assessments rise faster than expected.
Median Ararat Tax Bill
$362
Median Carroll County Tax Bill
$529
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Ararat, Carroll County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24053 | $83 | $142 | $362 | $529 | $704 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 2 |
Links | |
|---|---|
| Carroll Tax Assessor | |
| Website | carrollcova.interactivegis.com |