Courtland, Southampton County, Virginia Property Taxes

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

Median Courtland, 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 Courtland, VA home value: $151,500
Median annual Courtland, VA tax bill: $1,384, $1,016 lower than the national median property tax bill of $2,400.

How are property taxes in Southampton calculated?

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

Last Updated March 1, 2025

Courtland, Southampton County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$1,738

$1,613

Ownwell’s Courtland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Courtland with just two data points. By entering your property's estimated assessed value, our calculator applies Courtland’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 Courtland, Southampton County, Virginia

Local government entities are responsible for setting property tax rates, which can vary significantly even within the same state. Each year, counties estimate the budget required to provide essential services and then divide this by the total value of all taxable property in their jurisdiction. This calculation determines the property tax rate. While this process involves votes and legislation, this is how it works in essence. In Courtland, located in Southampton County, Virginia, the effective property tax rate is a reflection of this annual calculation. When compared to other cities in Virginia, Courtland's rate provides insight into how local property taxes are structured. The median property tax rate in Virginia offers a point of reference against the national median of 1.02%. Understanding these differences can be critical for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Courtland, Southampton County, Virginia

Source: Ownwell

0.71%

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 Courtland Tax Rate

0.71%

Median Effective Southampton County Tax Rate

0.71%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Courtland, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23837	0.71%	0.71%	0.71%	0.71%	0.71%

Source: Ownwell

Property Tax Assessment Values Across Courtland, Southampton County, Virginia

When examining property taxes in Courtland, 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 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 Courtland.

For example, the median home price in Courtland is $151,500, with tax bills ranging significantly across the county. Zip code 23837 has the highest median home price at $151,500.

Property Tax Assessment Values Across Courtland, Southampton County, Virginia

Source: Ownwell

$148,200

$229,025

$309,850

Median Courtland Market Value

$244,800

Median Southampton County Market Value

$221,200

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Courtland, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23837	$111,150	$170,525	$244,800	$339,975	$439,100

Source: Ownwell

Property Tax Bills Across Courtland, Southampton County, Virginia

In Courtland within Southampton County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $151,500. Property tax rates are applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessment. Homeowners in Courtland experience a range of tax bills, with the 25th percentile at $920 and the 75th percentile reaching $2,019, while the 90th percentile can climb to $2,783. Compared to the national median property tax bill of $2,400, many residents pay less, but the burden can still be significant for some. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemption services. By leveraging expertise in local property tax laws and assessment practices, Ownwell helps clients potentially reduce their tax bills, ensuring they only pay their fair share and alleviating the financial burden on homeowners.

Property Tax Bills Across Courtland, Southampton County, Virginia

Source: Ownwell

$1,054

$1,624

$2,193

Median Courtland Tax Bill

$1,732

Median Southampton County Tax Bill

$1,561

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Courtland, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23837	$785	$1,205	$1,732	$2,395	$3,113

Source: Ownwell