Rose Hill, Lee County, Virginia Property Taxes
Median Rose Hill, VA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Rose Hill, VA home value: $50,800
Median annual Rose Hill, VA tax bill: $316, $2,084 lower than the national median property tax bill of $2,400.
How are property taxes in Lee County calculated?
Property taxes in Rose Hill, 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 Rose Hill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rose Hill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rose Hill, Lee County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$315
$292
Property Tax Rates Across Rose Hill, Lee County, Virginia
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 Rose Hill 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 Lee County Tax Rate
0.62%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rose Hill, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24281 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Rose Hill, Lee County, Virginia
When examining property taxes in Rose Hill, 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 Lee 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 Lee 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 Rose Hill.
For example, the median home price in Rose Hill is $50,800, with tax bills ranging significantly across the county. Zip code 24281 has the highest median home price at $50,800.
Property Tax Assessment Values Across Rose Hill, Lee County, Virginia
Source: Ownwell
$16,000
$38,200
$60,400
Median Rose Hill Market Value
$50,800
Median Lee County Market Value
$50,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rose Hill, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24281 | $12,100 | $26,400 | $50,800 | $78,900 | $115,000 |
Source: Ownwell
Property Tax Bills Across Rose Hill, Lee County, Virginia
In Rose Hill, VA, property tax bills are determined by multiplying the assessed value of the home by the local tax rate. The assessed value is a percentage of the market value, and local authorities set the tax rate. With a median home price of $50,800, homeowners here face property tax bills that vary significantly, ranging from $166 at the 25th percentile to $714 at the 90th percentile. The median tax bill in the area is $316, which is considerably lower than the national median of $2,400, reflecting the region's lower property values.
Homeowners in Rose Hill can be impacted by these taxes, especially those with homes assessed at higher values, who may face larger bills. Ownwell assists homeowners by providing property tax appeal services, potentially lowering their assessed values and, consequently, their tax bills. By leveraging expert knowledge and a strategic approach, Ownwell can help clients save significantly on their property taxes, ensuring they only pay what is fair and accurate for their property’s true value.
Median Rose Hill Tax Bill
$316
Median Lee County Tax Bill
$316
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Rose Hill, Lee County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24281 | $77 | $166 | $316 | $490 | $714 |
Source: Ownwell