Rosedale, Russell County, Virginia Property Taxes
Median Rosedale, 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 Rosedale, VA home value: $137,000
Median annual Rosedale, VA tax bill: $863, $1,537 lower than the national median property tax bill of $2,400.
How are property taxes in Russell County calculated?
Property taxes in Rosedale, 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 Rosedale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rosedale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rosedale, 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
$862
$800
Property Tax Rates Across Rosedale, Russell County, Virginia
Local government entities are responsible for setting tax rates, which can vary widely within Virginia. Each county annually 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 the core of the annual process.
In Rosedale, located in Russell County, the effective property tax rate is 0.63%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing Rosedale’s rate to other cities in Virginia, it aligns with the state's overall trend of having relatively low property taxes. For homeowners in Rosedale, this means a more manageable property tax bill compared to the national median of $2,400. Understanding these local nuances in property tax rates can help property owners make informed decisions and potentially save on their annual tax bills.
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 Rosedale 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 Rosedale, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24280 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Rosedale, Russell County, Virginia
When examining property taxes in Rosedale, 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 the season. 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 Rosedale. For example, the median home price in Rosedale is $137,000, with tax bills ranging significantly across the county. Zip code 24280 has the highest median home price at $137,000.
Property Tax Assessment Values Across Rosedale, Russell County, Virginia
Source: Ownwell
$20,600
$78,750
$136,900
Median Rosedale Market Value
$136,900
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 Rosedale, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24280 | $71,780 | $101,100 | $136,900 | $171,800 | $223,120 |
Source: Ownwell
Property Tax Bills Across Rosedale, Russell County, Virginia
In Rosedale, located in Russell County, VA, property tax bills are calculated based on the assessed value of a home. With a median home price of $137,000, homeowners in Rosedale experience property tax bills that can range significantly. The 25th percentile tax bill is $638, while the 75th percentile reaches $1,083, and the 90th percentile climbs to $1,415. This variation highlights how important it is for homeowners to understand the factors influencing their property tax bills.
The assessed value, which is often lower than the market value, is a critical factor in determining the tax bill. Homeowners in Rosedale face a median tax bill of $863, which is considerably lower than the national median of $2,400. Despite this, ensuring that your property is assessed fairly can lead to significant savings.
Ownwell offers expert property tax appeal services, helping homeowners in Rosedale potentially reduce their tax liabilities. By analyzing assessment details and identifying discrepancies, Ownwell can assist in lowering tax bills, providing financial relief and peace of mind.
Median Rosedale Tax Bill
$862
Median Russell County Tax Bill
$497
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Rosedale, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24280 | $452 | $637 | $862 | $1,082 | $1,406 |
Source: Ownwell