Fort Blackmore, Scott County, Virginia Property Taxes
Median FORT BLACKMORE, 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 FORT BLACKMORE, VA home value: $80,900
Median annual FORT BLACKMORE, VA tax bill: $620, $1,780 lower than the national median property tax bill of $2,400.
How are property taxes in Scott County calculated?
Property taxes in FORT BLACKMORE, 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 FORT BLACKMORE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORT BLACKMORE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fort Blackmore, Scott County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$623
$578
Property Tax Rates Across Fort Blackmore, Scott County, Virginia
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 Fort Blackmore’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. The median property tax rate in Fort Blackmore is 0.77%, which is notably lower than the national median property tax rate of 1.02%. This means that residents in Fort Blackmore typically enjoy lower property tax rates compared to many other areas across the country. In fact, Fort Blackmore's tax rate is among the lowest in Virginia, offering a more affordable tax environment for property owners. This lower tax burden can be an attractive factor for potential homeowners looking to settle in the area.
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 Fort Blackmore Tax Rate
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 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 Fort Blackmore, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24250 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Fort Blackmore, Scott County, Virginia
When examining property taxes in Fort Blackmore, 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 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 Fort Blackmore. For example, the median home price in Fort Blackmore is $80,900, with tax bills ranging significantly across the county. The zip code 24250 has the highest median home price at $80,900.
Property Tax Assessment Values Across Fort Blackmore, Scott County, Virginia
Source: Ownwell
$51,250
$83,250
$115,250
Median Fort Blackmore Market Value
$80,900
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 Fort Blackmore, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24250 | $18,290 | $43,275 | $80,900 | $128,000 | $192,250 |
Source: Ownwell
Property Tax Bills Across Fort Blackmore, Scott County, Virginia
In Fort Blackmore, located in Scott County, VA, property tax bills are calculated based on the assessed value of a home. With a median home price of $80,900, the tax bill is determined by applying the local tax rate to the assessed value. While the national median property tax rate stands at 1.02%, Fort Blackmore offers a more affordable rate, reflected in a median tax bill of $620. This is significantly lower than the national median property tax bill of $2,400, providing a financial advantage to homeowners in the area.
Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Fort Blackmore can face tax bills ranging from $336 at the 25th percentile to $1,495 at the 90th percentile. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, homeowners can ensure their property is fairly assessed, potentially reducing their tax burden and saving money.
Median Fort Blackmore Tax Bill
$620
Median Scott County Tax Bill
$739
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Fort Blackmore, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24250 | $141 | $336 | $620 | $982 | $1,495 |
Source: Ownwell