Property Taxes in Meadows Of Dan, Virginia
Median Meadows Of Dan, Virginia effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Meadows Of Dan, Virginia home value: $100,550
Median annual Meadows Of Dan, Virginia tax bill: $734, lower than the national median property tax bill of $2,400.
How are property taxes in Patrick calculated?
Property taxes in Meadows Of Dan, Virginia 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 Meadows Of Dan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meadows Of Dan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Meadows Of Dan Property Tax Calculator Work?
Use this Meadows Of Dan property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Meadows Of Dan's median effective tax rate of 0.73% — based on actual property records in Patrick County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Meadows Of Dan's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Meadows Of Dan: rates range from 0.73% in 24120 to 0.73% in 24120, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Meadows Of Dan.
About Meadows Of Dan Property Taxes
About Property Taxes in Meadows Of Dan, Patrick, Virginia
Meadows Of Dan’s median effective property tax rate of 0.73% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Patrick County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Meadows Of Dan. Homeowners in the 24120 ZIP code carry a median effective rate of 0.73%, while those in the lowest ZIP code also pay 0.73%. This spread reflects how school district boundaries and local assessment districts are drawn across Patrick County. Understanding which part of Meadows Of Dan you live in can make a meaningful difference to your annual tax bill.
Meadows Of Dan homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Meadows Of Dan, Patrick County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Meadows Of Dan's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Meadows Of Dan Tax Rate
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 Patrick County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Meadows Of Dan, Patrick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24120 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Meadows Of Dan, Patrick County, Virginia
When examining property taxes in Meadows Of Dan, 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.
Assessment notices:
In Patrick County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Meadows Of Dan.
For example, the median home price in Meadows Of Dan is $100,550, with tax bills ranging significantly across the county. 24120 has the highest median home price at $100,550.
Property Tax Assessment Values Across Meadows Of Dan, Patrick County, Virginia
Source: Ownwell
$56,300
$95,425
$134,550
Median Meadows Of Dan Market Value
$100,550
Median Patrick County Market Value
$79,700
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Meadows Of Dan, Patrick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24120 | $26,790 | $57,225 | $100,550 | $150,975 | $240,430 |
Source: Ownwell
Property Tax Bills Across Meadows Of Dan, Patrick County, Virginia
Property tax bills in Meadows of Dan are based on the assessed value of a home and the local tax rate set by Patrick County. When a property’s assessed market value rises, the tax bill can increase as well, even if the homeowner’s income stays the same. The median home price in Meadows of Dan is $100,550, and the median property tax bill is $734.
How much a homeowner pays depends on the home’s assessed value, any exemptions that apply, and the tax rate used by the county. In Meadows of Dan, tax bills vary widely, with the 25th percentile at $418 and the 75th percentile at $1,102. The 90th percentile reaches $1,755, showing that higher-valued homes can face much larger bills.
For homeowners, property taxes are an ongoing cost of owning a home and can affect monthly budgets, escrow payments, and overall affordability.
Median Meadows Of Dan Tax Bill
$734
Median Patrick County Tax Bill
$582
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Meadows Of Dan, Patrick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24120 | $196 | $418 | $734 | $1,102 | $1,755 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Patrick Tax Assessor | |
| Website | patcova.interactivegis.com |