Rockbridge Baths, Rockbridge County, Virginia Property Taxes

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

Median Rockbridge Baths, VA effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Rockbridge Baths, VA home value: $280,650
Median annual Rockbridge Baths, VA tax bill: $1,552, $848 lower than the national median property tax bill of $2,400.

How are property taxes in Rockbridge calculated?

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

Last Updated March 1, 2025

Rockbridge Baths, Rockbridge County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,716

$1,593

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

Property Tax Rates Across Rockbridge Baths, Rockbridge 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.

Rockbridge Baths in Rockbridge County, VA, has an effective property tax rate of 0.61%, which is significantly lower than the national median property tax rate of 1.02%. This lower rate can result in considerable savings for property owners compared to other regions. The median property tax bill in Rockbridge County is also notably lower than the national median of $2,400, making it an attractive location for homeowners seeking affordability.

By comparing Rockbridge Baths' effective property tax rate to other cities in Virginia and the U.S., potential homeowners can see the financial benefits of living in this area. With such favorable tax rates, Rockbridge Baths presents an appealing option for those looking to minimize their property tax burden.

Property Tax Rates Across Rockbridge Baths, Rockbridge County, Virginia

Source: Ownwell

0.56%

0.59%

0.61%

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 Rockbridge Baths Tax Rate

0.61%

Median Effective Rockbridge County Tax Rate

0.61%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rockbridge Baths, Rockbridge County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24473	0.36%	0.56%	0.61%	0.61%	0.61%

Source: Ownwell

Property Tax Assessment Values Across Rockbridge Baths, Rockbridge County, Virginia

When examining property taxes in Rockbridge Baths, 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 Rockbridge 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: Rockbridge 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 Rockbridge Baths. For example, the median home price in Rockbridge Baths is $280,650, with tax bills ranging significantly across the county. Zip code 24473 has the highest median home price at $280,650.

Property Tax Assessment Values Across Rockbridge Baths, Rockbridge County, Virginia

Source: Ownwell

$123,400

$252,550

$381,700

Median Rockbridge Baths Market Value

$281,350

Median Rockbridge County Market Value

$223,900

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rockbridge Baths, Rockbridge County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24473	$109,420	$174,775	$281,350	$447,350	$675,170

Source: Ownwell

Property Tax Bills Across Rockbridge Baths, Rockbridge County, Virginia

In Rockbridge Baths, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to calculate the tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. For homeowners in Rockbridge Baths, the median property tax bill is $1,552, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $981 and the 90th percentile reaching $3,526.

High property tax bills can place a financial burden on homeowners, especially those with fixed incomes. Ownwell offers a solution by providing property tax appeal services, potentially lowering the assessed value of a home and, in turn, reducing the tax bill. By leveraging expertise in local property tax regulations, Ownwell helps homeowners navigate the appeal process, ensuring they only pay their fair share. This service can lead to significant savings, easing the financial strain on Rockbridge Baths residents.

Property Tax Bills Across Rockbridge Baths, Rockbridge County, Virginia

Source: Ownwell

$688

$1,164

$1,639

Median Rockbridge Baths Tax Bill

$1,543

Median Rockbridge County Tax Bill

$1,269

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Rockbridge Baths, Rockbridge County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24473	$524	$974	$1,543	$2,430	$3,524

Source: Ownwell