Property Taxes in Randolph, Virginia
Median Randolph, Virginia effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Randolph, Virginia home value: $82,362
Median annual Randolph, Virginia tax bill: $511, lower by $1,889 than the national median property tax bill of $2,400.
How are property taxes in Charlotte calculated?
Property taxes in Randolph, 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 Randolph's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Randolph, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Randolph Property Tax Calculator Work?
Use this Randolph property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Randolph's median effective tax rate of 0.62% — based on actual property records in Charlotte County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Randolph'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 Randolph: rates range from $511 in 23962 to $511 in 23962, 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 Randolph.
About Randolph Property Taxes
About Property Taxes in Randolph, Charlotte, Virginia
Randolph's median effective property tax rate of 0.62% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Charlotte 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 Randolph. Homeowners in the 23962 ZIP code carry a median effective rate of 0.62%, while those in the same ZIP also pay 0.62%. This spread reflects how school district boundaries and local assessment districts are drawn across Charlotte County. Understanding which part of Randolph you live in can make a meaningful difference to your annual tax bill.
Randolph 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 Randolph, Charlotte 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 Randolph'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 Randolph Tax Rate
0.62%
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 Charlotte County Tax Rate
0.62%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Randolph, Charlotte County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23962 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Randolph, Charlotte County, Virginia
When examining property taxes in Randolph, 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 Charlotte County assessment process estimates 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 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 Charlotte County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. The median home price in Randolph is $82,362, and the median tax bill is $511, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Randolph, Charlotte County, Virginia
Source: Ownwell
$60,251
$72,677
$85,103
Median Randolph Market Value
$82,362
Median Charlotte County Market Value
$72,045
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Randolph, Charlotte County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23962 | $24,882 | $48,716 | $82,362 | $122,889 | $170,123 |
Source: Ownwell
Property Tax Bills Across Randolph, Charlotte County, Virginia
How are property tax bills calculated in Randolph?
Property tax bills in Randolph are based on the assessed value of a home and the local tax rate set for Charlotte County. When a property’s assessed value rises, the tax bill can increase as well, even if the homeowner has not made any changes to the home. Local budgets, school funding, and other public services all play a role in determining what homeowners owe.
What factors affect the amount a homeowner pays?
The market value of a home is a major factor, and in Randolph the median home price is $82,362. Tax bills can vary widely from one property to another, with the 25th percentile at $302, the 75th percentile at $762, and the 90th percentile at $1,055. That means some homeowners pay well below the national median property tax bill of $2,400, while others pay more depending on their assessment.
How does this affect homeowners?
A higher assessment can lead to a larger bill, which can affect monthly housing costs and long-term affordability.
Median Randolph Tax Bill
$511
Median Charlotte County Tax Bill
$441
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Randolph, Charlotte County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23962 | $154 | $302 | $511 | $762 | $1,055 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Charlotte Tax Assessor | |
| Website | www.charlottecountypropertycards.com |