Claudville, Patrick County, Virginia Property Taxes

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

Median Claudville, VA effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Claudville, VA home value: $73,600. Median annual Claudville, VA tax bill: $537, $1,863 lower than the national median property tax bill of $2,400.

How are property taxes in Patrick County calculated?

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

Last Updated March 1, 2025

Claudville, Patrick County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$543

$504

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

Property Tax Rates Across Claudville, Patrick County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 Claudville’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Claudville in Patrick County stands out with a median property tax rate of 0.73%, which is significantly lower than the national median rate of 1.02%. This makes Claudville an attractive location for property owners seeking lower property tax burdens. The uniformity of the tax rate across Patrick County highlights a stable tax environment, which can be appealing for both current and prospective property owners. Understanding these rates and how they compare can provide valuable insights into the financial implications of owning property in Claudville.

Property Tax Rates Across Claudville, Patrick County, Virginia

Source: Ownwell

0.73%

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 Claudville Tax Rate

0.73%

Median Effective Patrick County Tax Rate

0.73%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Claudville, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24076	0.73%	0.73%	0.73%	0.73%	0.73%

Source: Ownwell

Property Tax Assessment Values Across Claudville, Patrick County, Virginia

When examining property taxes in Claudville, 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 Patrick 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 Patrick 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 Claudville. For example, the median home price in Claudville is $73,600, with tax bills ranging significantly across the county. Zip code 24076 has the highest median home price at $73,600.

Property Tax Assessment Values Across Claudville, Patrick County, Virginia

Source: Ownwell

$56,300

$95,425

$134,550

Median Claudville Market Value

$74,400

Median Patrick County Market Value

$79,700

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Claudville, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24076	$18,430	$37,550	$74,400	$123,625	$195,000

Source: Ownwell

Property Tax Bills Across Claudville, Patrick County, Virginia

In Claudville, located in Patrick County, Virginia, property tax bills are determined based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in Claudville experience a median property tax bill of $537, which is significantly lower than the national median of $2,400. This lower tax bill can be attributed to the area's relatively modest median home price of $73,600. Homeowners in Claudville might see tax bills ranging from $268 at the 25th percentile to $1,308 at the 90th percentile. These variations depend on factors such as property size, location, and any applicable exemptions. Ownwell assists homeowners in Claudville by providing expert property tax appeal and exemption services, potentially lowering their tax liabilities. Our team reviews assessments for inaccuracies and identifies available exemptions, ensuring homeowners pay only their fair share.

Property Tax Bills Across Claudville, Patrick County, Virginia

Source: Ownwell

$411

$697

$982

Median Claudville Tax Bill

$543

Median Patrick County Tax Bill

$582

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Claudville, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24076	$135	$274	$543	$902	$1,424

Source: Ownwell