Callao, Westmoreland County, Virginia Property Taxes
Median Callao, VA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Callao, VA home value: $121,200
Median annual Callao, VA tax bill: $727, $1,673 lower than the national median property tax bill of $2,400.
How are property taxes in Westmoreland calculated?
Property taxes in Callao, 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 Callao’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Callao, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Callao, Westmoreland County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$751
$697
Property Tax Rates Across Callao, Westmoreland County, Virginia
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. Each year, counties estimate the budget required to provide essential services and divide this amount by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting tax rates and budgets, this is essentially the annual process.
In Callao, located in Westmoreland County, the effective property tax rate offers an interesting comparison to other cities in Virginia and the national landscape. The median property tax rate in Callao stands at 0.62%, which is notably lower than the national median of 1.02%. This lower rate can result in substantial savings for homeowners when compared to the national average. For residents of Callao, this means a more favorable property tax environment, potentially enhancing the attractiveness of living in this region. By understanding these rates, property owners can better navigate their financial responsibilities and possibly seek opportunities for tax appeals or exemptions.
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 Callao Tax Rate
0.62%
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 Westmoreland County Tax Rate
0.62%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Callao, Westmoreland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22435 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Callao, Westmoreland County, Virginia
When examining property taxes in Callao, 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 Westmoreland 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 Westmoreland 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 Callao. For example, the median home price in Callao is $121,200, with tax bills ranging significantly across the county. Zip code 22435 has the highest median home price at $121,200.
Property Tax Assessment Values Across Callao, Westmoreland County, Virginia
Source: Ownwell
$21,700
$133,300
$244,900
Median Callao Market Value
$121,200
Median Westmoreland County Market Value
$52,550
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Callao, Westmoreland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22435 | $20,800 | $30,325 | $121,200 | $233,600 | $271,800 |
Source: Ownwell
Property Tax Bills Across Callao, Westmoreland County, Virginia
Median Callao Tax Bill
$727
Median Westmoreland County Tax Bill
$310
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Callao, Westmoreland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22435 | $129 | $170 | $727 | $1,448 | $1,685 |
Source: Ownwell
