Critz, Patrick County, Virginia Property Taxes

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

Median Critz, 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 Critz, VA home value: $85,400
Median annual Critz, VA tax bill: $623, $1,777 lower than the national median property tax bill of $2,400.

How are property taxes in Patrick County calculated?

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

Last Updated March 1, 2025

Critz, 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

$616

$572

Ownwell’s Critz Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Critz with just two data points. By entering your property's estimated assessed value, our calculator applies Critz’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 Critz, Patrick County, Virginia

Local government entities set tax rates, which can vary widely within Virginia. 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, this is the annual process in a nutshell.

Critz in Patrick County, Virginia, has an effective property tax rate of 0.73%. This rate is significantly lower than the national median property tax rate of 1.02%. When comparing Critz to other cities in Virginia, it's evident that property tax rates can differ greatly across the state. The median property tax rate in Virginia aligns with Critz’s rate, highlighting a consistent trend within the state. However, Critz’s rate is notably below the national median, providing an advantageous tax environment for property owners. Understanding these differences can help property owners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Critz, 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 Critz 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 Critz, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24082	0.73%	0.73%	0.73%	0.73%	0.73%

Source: Ownwell

Property Tax Assessment Values Across Critz, Patrick County, Virginia

When examining property taxes in Critz, 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 Critz. For example, the median home price in Critz is $85,400, with tax bills ranging significantly across the county. Zip code 24082 has the highest median home price at $85,400.

Property Tax Assessment Values Across Critz, Patrick County, Virginia

Source: Ownwell

$56,300

$95,425

$134,550

Median Critz Market Value

$84,450

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 Critz, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24082	$22,300	$43,925	$84,450	$130,950	$180,680

Source: Ownwell

Property Tax Bills Across Critz, Patrick County, Virginia

In Critz, located in Patrick County, VA, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in Critz is $85,400, significantly lower than the national median. Homeowners in this area can expect a median property tax bill of $623, which is considerably below the national median of $2,400. The tax bill can vary, with the 25th percentile at $383 and the 75th percentile reaching $981, illustrating the range based on property values and specific assessments. The highest median tax bill in Critz also stands at $623, reflecting consistency in property tax assessments within the area.

For homeowners looking to reduce their property tax bills, Ownwell offers expert services in property tax appeals and exemptions. By analyzing your property’s assessment and comparing it to similar properties, Ownwell can identify discrepancies and potential savings. This proactive approach ensures homeowners in Critz pay only their fair share, potentially saving hundreds on their annual tax bills.

Property Tax Bills Across Critz, Patrick County, Virginia

Source: Ownwell

$411

$697

$982

Median Critz Tax Bill

$616

Median Patrick County Tax Bill

$582

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Critz, Patrick County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24082	$163	$321	$616	$956	$1,319

Source: Ownwell