Nora, Dickenson County, Virginia Property Taxes

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

Median NORA, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median NORA, VA home value: $50,100. Median annual NORA, VA tax bill: $301, $2,099 lower than the national median property tax bill of $2,400.

How are property taxes in Dickenson County calculated?

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

Last Updated March 1, 2025

Nora, Dickenson County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.52%

Estimate Property Tax Bill

$351

$326

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

Property Tax Rates Across Nora, Dickenson County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 NORA’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. NORA, located in Dickenson County, showcases a property tax rate that aligns with the county's median of 0.60%. This is notably lower than the national median property tax rate of 1.02%, offering potential savings for property owners. The highest and lowest median tax rates in the area also stand at 0.60%, indicating a uniformity in tax rates across Dickenson County. This consistency can provide a level of predictability for homeowners when budgeting for their annual property expenses. For those considering a move to NORA, the favorable tax rate could be an attractive aspect, especially when compared to the national average.

Property Tax Rates Across Nora, Dickenson County, Virginia

Source: Ownwell

0.52%

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 Nora Tax Rate

0.52%

Median Effective Dickenson County Tax Rate

0.52%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nora, Dickenson County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24272	0.52%	0.52%	0.52%	0.52%	0.52%

Source: Ownwell

Property Tax Assessment Values Across Nora, Dickenson County, Virginia

When examining property taxes in Nora, 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 Dickenson 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 Dickenson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Nora. For example, the median home price in Nora is $50,100, with tax bills ranging significantly across the county. Zip code 24272 has the highest median home price at $50,100.

Property Tax Assessment Values Across Nora, Dickenson County, Virginia

Source: Ownwell

$48,600

$77,850

$107,100

Median Nora Market Value

$67,550

Median Dickenson County Market Value

$66,700

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nora, Dickenson County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24272	$16,640	$32,425	$67,550	$96,775	$133,460

Source: Ownwell

Property Tax Bills Across Nora, Dickenson County, Virginia

In the city of Nora in Dickenson County, VA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $50,100, the property tax bill can vary significantly across different households. The tax bill at the 25th percentile is $158, while at the 75th percentile, it rises to $463, and at the 90th percentile, it reaches $620. These figures highlight the variability in tax bills, influenced by factors such as property location, size, and local tax rates. Compared to the national median property tax bill of $2,400, Nora's tax bills are considerably lower. However, even with lower bills, homeowners may still find opportunities for savings. Ownwell can assist homeowners by identifying potential discrepancies in property assessments and ensuring that they are not overpaying. By leveraging local expertise and knowledge, Ownwell helps homeowners navigate the complexities of property taxes, potentially leading to significant savings on their tax bills.

Property Tax Bills Across Nora, Dickenson County, Virginia

Source: Ownwell

$253

$405

$557

Median Nora Tax Bill

$351

Median Dickenson County Tax Bill

$355

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Nora, Dickenson County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24272	$87	$169	$351	$503	$694

Source: Ownwell