Branchville, Southampton County, Virginia Property Taxes

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

Median Branchville, VA effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but equal to the Virginia state median of 0.89%.
Median Branchville, VA home value: $89,300
Median annual Branchville, VA tax bill: $815, $1,585 lower than the national median property tax bill of $2,400.

How are property taxes in Southampton calculated?

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

Last Updated March 1, 2025

Branchville, Southampton County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$795

$738

Ownwell’s Branchville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Branchville with just two data points.

By entering your property's estimated assessed value, our calculator applies Branchville’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 Southampton.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Branchville, Southampton County, Virginia

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties calculate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the basic annual process.

In Branchville, located in Southampton County, VA, the effective property tax rate can be compared to other cities in Virginia as well as to the median property tax rates in Virginia and across the United States. With Virginia's median property tax rate slightly below the national average of 1.02%, Branchville’s rate reflects a similar trend. This comparison provides valuable insight into how property taxes in Branchville align with broader state and national patterns, offering a perspective on potential savings and financial planning for property owners in the region. Understanding these differences can be crucial for homeowners looking to manage expenses efficiently.

Property Tax Rates Across Branchville, Southampton County, Virginia

Source: Ownwell

0.89%

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 Branchville Tax Rate

0.89%

Median Effective Southampton County Tax Rate

0.89%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Branchville, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23828	0.89%	0.89%	0.89%	0.89%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Branchville, Southampton County, Virginia

When examining property taxes in Branchville, 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 Southampton 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 Southampton 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 Branchville. For example, the median home price in Branchville is $89,300, with tax bills ranging significantly across the county. Zip code 23828 has the highest median home price at $89,300.

Property Tax Assessment Values Across Branchville, Southampton County, Virginia

Source: Ownwell

$89,300

$139,900

$190,500

Median Branchville Market Value

$89,300

Median Southampton County Market Value

$133,900

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Branchville, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23828	$24,900	$50,150	$89,300	$152,150	$222,000

Source: Ownwell

Property Tax Bills Across Branchville, Southampton County, Virginia

In Branchville, Southampton County, VA, property tax bills are based on the assessed value of a home, which is determined by local tax authorities. The median home price here is $89,300, significantly lower than the national median. Property tax rates are applied to this assessed value to calculate the tax bill. Homeowners in Branchville can expect a tax bill ranging from $457 at the 25th percentile to $2,061 at the 90th percentile. The median tax bill in the area is $815, which is well below the national median of $2,400, offering a relatively affordable tax burden for residents. However, even with lower tax bills, homeowners can benefit from appealing their property taxes. Ownwell provides expert property tax appeal and exemption services, helping homeowners ensure their property is fairly assessed. By leveraging Ownwell's expertise, homeowners can potentially reduce their tax bills, ensuring they only pay their fair share and saving money in the process.

Property Tax Bills Across Branchville, Southampton County, Virginia

Source: Ownwell

$798

$1,231

$1,664

Median Branchville Tax Bill

$815

Median Southampton County Tax Bill

$1,244

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Branchville, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23828	$223	$457	$815	$1,455	$2,061

Source: Ownwell