Disputanta, Surry County, Virginia Property Taxes
Median Disputanta, VA effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Disputanta, VA home value: $260,500
Median annual Disputanta, VA tax bill: $1,850, $550 lower than the national median property tax bill of $2,400.
How are property taxes in Surry County calculated?
Property taxes in Disputanta, 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 Disputanta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Disputanta, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Disputanta, Surry County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$1,850
$1,716
Ownwell’s Disputanta Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Disputanta with just two data points.
By entering your property's estimated assessed value, our calculator applies Disputanta’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 Surry County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Disputanta, Surry County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
In Disputanta, located in Surry County, Virginia, the effective property tax rate stands at 0.71%, which is lower than the national median property tax rate of 1.02%. This makes Disputanta an attractive location for homeowners looking to save on property taxes while still enjoying the benefits of local services. The median property tax bill in Disputanta is notably below the national median of $2,400, offering a more affordable option for residents.
Homeowners in Disputanta benefit from a favorable tax environment, which can translate to significant savings over time. This competitive tax rate, coupled with the area's amenities, makes Disputanta an appealing choice for property owners. By understanding the local tax landscape, residents can make informed decisions and potentially reduce their property tax burden.
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 Disputanta Tax Rate
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 Surry County Tax Rate
0.71%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Disputanta, Surry County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23842 | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Disputanta, Surry County, Virginia
When examining property taxes in Disputanta, Virginia, 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 Surry 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 Surry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Disputanta.
For example, the median home price in Disputanta is $260,500, with tax bills ranging significantly across the county. Zip code 23842 has the highest median home price at $260,500.
Property Tax Assessment Values Across Disputanta, Surry County, Virginia
Source: Ownwell
$141,250
$211,325
$281,400
Median Disputanta Market Value
$260,500
Median Surry County Market Value
$195,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Disputanta, Surry County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23842 | $238,200 | $241,500 | $260,500 | $277,300 | $343,900 |
Source: Ownwell
Property Tax Bills Across Disputanta, Surry County, Virginia
Median Disputanta Tax Bill
$1,850
Median Surry County Tax Bill
$1,385
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Disputanta, Surry County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23842 | $1,691 | $1,715 | $1,850 | $1,969 | $2,442 |
Source: Ownwell