Property Taxes in Swords Creek, Virginia
Median Swords Creek, Virginia effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Swords Creek, Virginia home value: $52,850
Median annual Swords Creek, Virginia tax bill: $333, lower than the national median property tax bill of $2,400.
How are property taxes in Russell calculated?
Property taxes in Swords Creek, Virginia 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 Swords Creek's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Swords Creek, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Swords Creek Property Tax Calculator Work?
Use this Swords Creek property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Swords Creek's median effective tax rate of 0.63% — based on actual property records in Russell County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Swords Creek's median effective rate across local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Swords Creek: rates range from 0.63% in 24649 to 0.63% in 24649, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Swords Creek.
About Swords Creek Property Taxes
About Property Taxes in Swords Creek, Russell, Virginia
Swords Creek’s median effective property tax rate of 0.63% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Russell County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Swords Creek. Homeowners in the 24649 ZIP code carry a median effective rate of 0.63%, while those in the same ZIP code pay 0.63%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Russell County. Understanding which part of Swords Creek you live in can make a meaningful difference to your annual tax bill.
Swords Creek homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Swords Creek, Russell County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Swords Creek's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Swords Creek 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
1.27%
Property Tax Rates Across Swords Creek, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24649 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Swords Creek, Russell County, Virginia
When examining property taxes in Swords Creek, Virginia, 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.
Assessment notices:
In Russell County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Swords Creek is $52,850, with tax bills ranging significantly across the county. Zip code 24649 has the highest median home price at $52,850.
Property Tax Assessment Values Across Swords Creek, Russell County, Virginia
Source: Ownwell
$20,600
$78,750
$136,900
Median Swords Creek Market Value
$52,850
Median Russell County Market Value
$78,950
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Swords Creek, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24649 | $18,210 | $33,600 | $52,850 | $84,550 | $124,340 |
Source: Ownwell
Property Tax Bills Across Swords Creek, Russell County, Virginia
Property tax bills in Swords Creek are based on the assessed value of a home and the local tax rate set for Russell County. When a property’s assessed market value rises, the tax bill can increase as well, even if the homeowner has not made any changes to the house. The median home price in Swords Creek is $52,850, which helps explain why many bills remain below the national median property tax bill of $2,400.
Homeowners in the area can see a wide range in what they pay. The 25th percentile tax bill is $212, while the 75th percentile is $533 and the 90th percentile is $783. The median tax bill is $333 in ZIP code 24649, which is also the highest and lowest median tax bill reported for the city. These figures show how property taxes affect homeowners differently depending on assessed value and local rates.
Median Swords Creek Tax Bill
$333
Median Russell County Tax Bill
$497
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Swords Creek, Russell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24649 | $115 | $212 | $333 | $533 | $783 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 14 |
Links | |
|---|---|
| Russell Tax Assessor | |
| Website | www.russellcountyva.us |