Amonate, Tazewell County, Virginia Property Taxes

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

Median Amonate, VA effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Amonate, VA home value: $18,900
Median annual Amonate, VA tax bill: $110, $2,290 lower than the national median property tax bill of $2,400.

How are property taxes in Tazewell County calculated?

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

Last Updated March 1, 2025

Amonate, Tazewell County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$110

$102

Ownwell’s Amonate Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Amonate with just two data points. By entering your property's estimated assessed value, our calculator applies Amonate’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 Tazewell County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Amonate, Tazewell County, Virginia

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential 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 Amonate, located in Tazewell County, Virginia, the effective property tax rate is a key factor for homeowners to consider. Tazewell County's property tax rate is significantly lower than the national median, making it a more affordable option for property owners. This lower rate can lead to substantial savings on property tax bills compared to other parts of the country.

Below, you can compare Amonate’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. This comparison can provide valuable insights for potential homebuyers and property investors looking to capitalize on lower property tax rates in the area.

Property Tax Rates Across Amonate, Tazewell County, Virginia

Source: Ownwell

0.58%

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 Amonate Tax Rate

0.58%

Median Effective Tazewell County Tax Rate

0.58%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Amonate, Tazewell County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24601	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Amonate, Tazewell County, Virginia

When examining property taxes in Amonate, 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 Tazewell 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 Tazewell 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 Amonate. For example, the median home price in Amonate is $18,900, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Amonate, Tazewell County, Virginia

Source: Ownwell

$24,000

$70,150

$116,300

Median Amonate Market Value

$18,900

Median Tazewell County Market Value

$80,000

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Amonate, Tazewell County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24601	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Amonate, Tazewell County, Virginia

In Amonate, 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 Amonate is $18,900, significantly lower than the national median. Property taxes are then calculated by applying the local tax rate to this assessed value. In Tazewell County, where Amonate is located, property tax bills vary significantly, with the 25th percentile at $91 and the 90th percentile at $125. These figures are considerably lower than the national median property tax bill of $2,400, reflecting the region's lower home values. For homeowners, these taxes represent a recurring cost that can impact their annual budget. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemption services. By analyzing the assessed value and ensuring it accurately reflects the market value, Ownwell can help reduce tax bills, providing financial relief and ensuring homeowners are not overpaying on their property taxes.

Property Tax Bills Across Amonate, Tazewell County, Virginia

Source: Ownwell

$139

$407

$675

Median Amonate Tax Bill

$110

Median Tazewell County Tax Bill

$465

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Amonate, Tazewell County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24601	N/A	N/A	N/A	N/A	N/A

Source: Ownwell