Brodnax, Lunenburg County, Virginia Property Taxes

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

Median Brodnax, VA effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Brodnax, VA home value: $120,450. Median annual Brodnax, VA tax bill: $458, $1,942 lower than the national median property tax bill of $2,400. How are property taxes in Lunenburg calculated? Property taxes in Brodnax, 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 Brodnax’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brodnax, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Brodnax, Lunenburg County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.33%

Estimate Property Tax Bill

$502

$466

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

Property Tax Rates Across Brodnax, Lunenburg County, Virginia

Local government entities are responsible for setting property tax rates, which can differ significantly even within the same state. This variation is primarily due to each county's need to estimate its annual budget to fund essential services. The budget is then divided by the total assessed value of all taxable properties in the area, resulting in the property tax rate. Although the process involves votes and legislation, this is the fundamental approach used each year.

In Brodnax, located in Lunenburg County, Virginia, the effective property tax rate is notably lower than both the state and national medians. With a median property tax rate of 0.38%, Brodnax residents benefit from one of the lowest rates in the state. This is significantly below the national median property tax rate of 1.02%. Such a low rate can be an attractive factor for property owners looking to minimize their annual tax burden. Comparing Brodnax's rate to those in other cities within Virginia and across the U.S. highlights its competitive advantage, offering potential savings for homeowners.

Property Tax Rates Across Brodnax, Lunenburg County, Virginia

Source: Ownwell

0.33%

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 Brodnax Tax Rate

0.33%

Median Effective Lunenburg County Tax Rate

0.33%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Brodnax, Lunenburg County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23920	0.33%	0.33%	0.33%	0.33%	0.33%

Source: Ownwell

Property Tax Assessment Values Across Brodnax, Lunenburg County, Virginia

When examining property taxes in Brodnax, 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 Lunenburg 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 Lunenburg County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Brodnax. For example, the median home price in Brodnax is $120,450, with tax bills ranging significantly across the county. Zip code 23920 has the highest median home price at $120,450.

Property Tax Assessment Values Across Brodnax, Lunenburg County, Virginia

Source: Ownwell

$91,950

$141,800

$191,650

Median Brodnax Market Value

$152,150

Median Lunenburg County Market Value

$105,900

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Brodnax, Lunenburg County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23920	$23,350	$69,125	$152,150	$227,500	$356,560

Source: Ownwell

Property Tax Bills Across Brodnax, Lunenburg County, Virginia

In the city of Brodnax, located in Lunenburg County, Virginia, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by local tax authorities and reflects the market value of the property. Homeowners in Brodnax can expect a median tax bill of $458, which is considerably lower than the national median property tax bill of $2,400. This relatively low tax bill offers a financial advantage to homeowners in the area. However, tax bills can vary significantly, with the 25th percentile at $209 and the 90th percentile reaching up to $1,095. These variations highlight the importance of ensuring that your property is assessed accurately. Ownwell can assist homeowners by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and ensuring it aligns with market conditions, Ownwell helps reduce the financial burden on homeowners, potentially lowering their property tax bills. This service not only offers peace of mind but also significant savings.

Property Tax Bills Across Brodnax, Lunenburg County, Virginia

Source: Ownwell

$302

$469

$636

Median Brodnax Tax Bill

$502

Median Lunenburg County Tax Bill

$353

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Brodnax, Lunenburg County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23920	$77	$228	$502	$751	$1,177

Source: Ownwell