Dry Fork, Pittsylvania County, Virginia Property Taxes
Median Dry Fork, VA effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Dry Fork, VA home value: $69,400
Median annual Dry Fork, VA tax bill: $526, $1,874 lower than the national median property tax bill of $2,400.
How are property taxes in Pittsylvania calculated?
Property taxes in Dry Fork, 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 Dry Fork’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dry Fork, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dry Fork, Pittsylvania County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$578
$536
Property Tax Rates Across Dry Fork, Pittsylvania County, Virginia
Local government entities are responsible for setting tax rates, which can vary significantly even within the same state. This variation occurs because each county, such as Pittsylvania, estimates its required budget annually to provide essential services and divides this amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While there are votes and regulations involved in establishing tax rates and budgets, this is essentially the annual process.
In Dry Fork, located in Pittsylvania County, VA, the effective property tax rate is 0.69%, which is below the national median property tax rate of 1.02%. This suggests that homeowners in Dry Fork may experience lower property tax bills compared to the national median. The median property tax rate in Virginia aligns with Dry Fork's rate, indicating a consistent tax environment within the state. This comparison highlights the advantage of owning property in Dry Fork, where property taxes are relatively lower than the national average, potentially making it an attractive location for homeowners seeking affordability.
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 Dry Fork Tax Rate
0.56%
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 Pittsylvania County Tax Rate
0.56%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dry Fork, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24549 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Dry Fork, Pittsylvania County, Virginia
When examining property taxes in Dry Fork, 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 Pittsylvania 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 Pittsylvania 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 Dry Fork. For example, the median home price in Dry Fork is $69,400, with tax bills ranging significantly across the county. Zip code 24549 has the highest median home price at $69,400.
Property Tax Assessment Values Across Dry Fork, Pittsylvania County, Virginia
Source: Ownwell
$39,100
$194,550
$350,000
Median Dry Fork Market Value
$103,150
Median Pittsylvania County Market Value
$84,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dry Fork, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24549 | $8,000 | $18,000 | $103,150 | $189,200 | $299,660 |
Source: Ownwell
Property Tax Bills Across Dry Fork, Pittsylvania County, Virginia
Median Dry Fork Tax Bill
$557
Median Pittsylvania County Tax Bill
$458
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Dry Fork, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24549 | $38 | $94 | $557 | $1,030 | $1,575 |
Source: Ownwell