Pittsville, Pittsylvania County, Virginia Property Taxes
Median Pittsville, VA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Pittsville, VA home value: $39,400
Median annual Pittsville, VA tax bill: $258, $2,142 lower than the national median property tax bill of $2,400.
How are property taxes in Pittsylvania calculated?
Property taxes in Pittsville, 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 Pittsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pittsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pittsville, Pittsylvania County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$244
$227
Property Tax Rates Across Pittsville, Pittsylvania County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
In Pittsville, located in Pittsylvania County, VA, the effective property tax rate stands at 0.62%, which is notably lower than the national median property tax rate of 1.02%. This means homeowners in Pittsville typically enjoy a lower property tax burden compared to the national average. The median property tax rate in Virginia also reflects this trend, offering residents a more favorable tax environment.
Comparing Pittsville’s rate to other cities within Virginia, it remains consistent, highlighting a stable and predictable tax climate for property owners. This lower tax burden can be an attractive factor for potential homebuyers and investors looking for cost-effective property ownership in Virginia.
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 Pittsville Tax Rate
0.62%
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
0.67%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pittsville, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24139 | 0.62% | 0.62% | 0.62% | 0.69% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Pittsville, Pittsylvania County, Virginia
When examining property taxes in Pittsville, 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 Pittsville. For example, the median home price in Pittsville is $39,400, with tax bills ranging significantly across the county. Zip code 24139 has the highest median home price at $39,400.
Property Tax Assessment Values Across Pittsville, Pittsylvania County, Virginia
Source: Ownwell
$33,800
$130,250
$226,700
Median Pittsville Market Value
$39,400
Median Pittsylvania County Market Value
$56,200
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pittsville, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24139 | $4,150 | $15,000 | $39,400 | $92,700 | $172,000 |
Source: Ownwell
Property Tax Bills Across Pittsville, Pittsylvania County, Virginia
Median Pittsville Tax Bill
$258
Median Pittsylvania County Tax Bill
$436
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Pittsville, Pittsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24139 | $25 | $93 | $258 | $620 | $1,053 |
Source: Ownwell