Staunton, Staunton County, Virginia Property Taxes

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

Median Staunton, 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 Staunton, VA home value: $203,200
Median annual Staunton, VA tax bill: $1,812, $588 lower than the national median property tax bill of $2,400.

How are property taxes in Staunton calculated?

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

Last Updated March 1, 2025

Staunton, Staunton 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

$1,808

$1,678

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

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

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

Property Tax Rates Across Staunton, Staunton County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process. In Staunton, VA, the effective property tax rate is reflective of this process. Staunton's property tax rate can be compared to other cities in Virginia and the median property tax rates in Virginia and the U.S. Staunton's rate is notably lower than the national median property tax rate of 1.02%. This can be an attractive factor for homeowners considering the area, as lower property taxes can result in significant savings over time. Understanding how these rates are determined and how they compare on a larger scale can help homeowners make informed decisions about property investments in Staunton and beyond.

Property Tax Rates Across Staunton, Staunton 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 Staunton Tax Rate

0.89%

Median Effective Staunton County Tax Rate

0.89%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Staunton, Staunton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24401	0.89%	0.89%	0.89%	0.89%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Staunton, Staunton County, Virginia

When examining property taxes in Staunton, 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 Staunton 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 Staunton 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 Staunton. For example, the median home price in Staunton is $203,200, with tax bills ranging significantly across the county. Zip code 24401 has the highest median home price at $203,200.

Property Tax Assessment Values Across Staunton, Staunton County, Virginia

Source: Ownwell

$203,200

Median Staunton Market Value

$203,200

Median Staunton County Market Value

$203,200

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Staunton, Staunton County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24401	$43,040	$147,050	$203,200	$270,258	$365,363

Source: Ownwell

Property Tax Bills Across Staunton, Staunton County, Virginia

In Staunton, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $203,200, and property taxes are applied to this assessed value to determine the tax bill. Homeowners in Staunton can expect tax bills that range from the 25th percentile at $1,318 to the 90th percentile at $3,249, with the median tax bill being $1,812. This median tax bill is lower than the national median property tax bill of $2,400, offering some relief to local homeowners. However, property taxes can still be a significant expense. Factors such as changes in assessed home value and local tax rates can affect the final tax bill. Ownwell can assist homeowners by providing property tax appeal and exemption services, potentially lowering their tax obligations. By reviewing assessments and identifying discrepancies, Ownwell helps ensure homeowners do not overpay on their property taxes, providing valuable savings.

Property Tax Bills Across Staunton, Staunton County, Virginia

Source: Ownwell

$1,812

Median Staunton Tax Bill

$1,812

Median Staunton County Tax Bill

$1,812

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Staunton, Staunton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24401	$420	$1,318	$1,812	$2,406	$3,249

Source: Ownwell