Dante, Russell County, Virginia Property Taxes
Median Dante, VA effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Dante, VA home value: $20,600
Median annual Dante, VA tax bill: $130, $2,270 lower than the national median property tax bill of $2,400.
How are property taxes in Russell County calculated?
Property taxes in Dante, 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 Dante’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dante, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dante, Russell County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$130
$120
Property Tax Rates Across Dante, Russell County, Virginia
Local government entities set property tax rates, which can vary widely within a state due to differing budgetary needs. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In DANTE, located in Russell County, Virginia, the effective property tax rate is notable for its comparison to other cities in Virginia and the broader U.S. The median property tax rate in Virginia is 0.63%, which is significantly lower than the national median of 1.02%. This difference highlights the relatively lower tax burden faced by property owners in Virginia. As you consider property tax rates, it's essential to understand how these figures impact your overall property expenses. Lower tax rates can translate into substantial savings over time, making Virginia an attractive option for property investment.
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 Dante Tax Rate
0.63%
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 Russell County Tax Rate
0.63%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dante, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24237 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Dante, Russell County, Virginia
When examining property taxes in Dante, 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 Russell 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 Russell 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 Dante. For example, the median home price in Dante is $20,600, with tax bills ranging significantly across the county. Zip code 24237 has the highest median home price at $20,600.
Property Tax Assessment Values Across Dante, Russell County, Virginia
Source: Ownwell
$20,600
$78,750
$136,900
Median Dante Market Value
$20,600
Median Russell County Market Value
$78,950
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dante, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24237 | $8,000 | $14,000 | $20,600 | $28,425 | $39,950 |
Source: Ownwell
Property Tax Bills Across Dante, Russell County, Virginia
Property tax bills in Dante, located in Russell County, Virginia, are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a percentage of the market value, which is influenced by factors such as location, property size, and improvements. In Dante, the median tax bill is notably lower than the national median property tax bill of $2,400. The tax bill for the 25th percentile is $88, while the 75th percentile sees a bill of $176, and the 90th percentile reaches $253. This indicates that homeowners in Dante generally benefit from lower property tax obligations compared to the national average.
Homeowners can maximize their savings with Ownwell's expertise in property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or overvaluations, Ownwell helps ensure that homeowners are not overpaying. This service can significantly reduce property tax bills, providing financial relief and ensuring fair taxation for Dante residents.
Median Dante Tax Bill
$130
Median Russell County Tax Bill
$497
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Dante, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24237 | $50 | $88 | $130 | $179 | $252 |
Source: Ownwell