Coeburn, Scott County, Virginia Property Taxes

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

Median Coeburn, VA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Coeburn, VA home value: $51,250
Median annual Coeburn, VA tax bill: $405, $1,995 lower than the national median property tax bill of $2,400.

How are property taxes in Scott County calculated?

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

Last Updated March 1, 2025

Coeburn, Scott County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.77%

Estimate Property Tax Bill

$395

$366

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

Property Tax Rates Across Coeburn, Scott County, Virginia

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Coeburn, located in Scott County, Virginia, the effective property tax rate is 0.77%. This rate is consistent across the region, as both the highest and lowest median tax rates in the area are identical at 0.77%. Comparatively, Virginia's median property tax rate is lower than the national median of 1.02%, making Coeburn an attractive location for property owners seeking to minimize their tax burden. This lower tax rate can result in significant savings over time, enhancing the appeal of owning property in Coeburn.

Property Tax Rates Across Coeburn, Scott County, Virginia

Source: Ownwell

0.77%

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 Coeburn Tax Rate

0.77%

Median Effective Scott County Tax Rate

0.77%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Coeburn, Scott County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24230	0.77%	0.77%	0.77%	0.77%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Coeburn, Scott County, Virginia

When examining property taxes in Coeburn, 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 Scott 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 Scott 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 Coeburn. For example, the median home price in Coeburn is $51,250, with tax bills ranging significantly across the county. 24230 has the highest median home price at $51,250.

Property Tax Assessment Values Across Coeburn, Scott County, Virginia

Source: Ownwell

$51,250

$83,250

$115,250

Median Coeburn Market Value

$51,250

Median Scott County Market Value

$95,050

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Coeburn, Scott County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24230	$16,390	$25,600	$51,250	$83,875	$112,020

Source: Ownwell

Property Tax Bills Across Coeburn, Scott County, Virginia

In Coeburn, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in Coeburn is $51,250, and property tax rates are applied to this assessed value to determine the tax bill. Homeowners in Coeburn face a median property tax bill of $405, which is significantly lower than the national median of $2,400. The tax bill can vary, with the 25th percentile at $202 and the 75th percentile at $657, indicating a range of tax burdens depending on property values and assessments. For homeowners, these taxes can impact financial planning and affordability. Ownwell provides valuable services to help homeowners in Coeburn potentially reduce their property tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell assists homeowners in appealing their tax assessments. This can lead to significant savings, ensuring homeowners only pay their fair share.

Property Tax Bills Across Coeburn, Scott County, Virginia

Source: Ownwell

$405

$649

$893

Median Coeburn Tax Bill

$405

Median Scott County Tax Bill

$739

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Coeburn, Scott County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24230	$136	$202	$405	$657	$863

Source: Ownwell