Max Meadows, Wythe County, Virginia Property Taxes

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

Median Max Meadows, VA effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Max Meadows, VA home value: $139,000
Median annual Max Meadows, VA tax bill: $699, $1,701 lower than the national median property tax bill of $2,400.

How are property taxes in Wythe calculated?

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

Last Updated March 1, 2025

Max Meadows, Wythe County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.51%

Estimate Property Tax Bill

$709

$658

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

Property Tax Rates Across Max Meadows, Wythe County, Virginia

Local government entities in Virginia set property tax rates, which can vary significantly across the state. Annually, each county, including Wythe County, calculates its required budget to provide essential services. This budget is then divided by the total value of all taxable property within the jurisdiction to determine the property tax rate. While votes and legislation play a role in setting these rates, this is the essential process followed each year. In Max Meadows, located in Wythe County, the effective property tax rate stands at 0.51%, which is notably lower than the national median property tax rate of 1.02%. This rate reflects the county's approach to balancing budgetary needs with the value of taxable properties. For residents, this means a more favorable property tax environment compared to many other regions in the U.S. Understanding these nuances can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Max Meadows, Wythe County, Virginia

Source: Ownwell

0.51%

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 Max Meadows Tax Rate

0.51%

Median Effective Wythe County Tax Rate

0.51%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Max Meadows, Wythe County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24360	0.51%	0.51%	0.51%	0.51%	0.51%

Source: Ownwell

Property Tax Assessment Values Across Max Meadows, Wythe County, Virginia

When examining property taxes in Max Meadows, 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 Wythe 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 Wythe 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 Max Meadows.

For example, the median home price in Max Meadows is $139,000, with tax bills ranging significantly across the county. 24360 has the highest median home price at $139,000.

Property Tax Assessment Values Across Max Meadows, Wythe County, Virginia

Source: Ownwell

$90,450

$131,250

$172,050

Median Max Meadows Market Value

$139,000

Median Wythe County Market Value

$139,300

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Max Meadows, Wythe County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24360	$35,260	$88,950	$139,000	$208,150	$288,200

Source: Ownwell

Property Tax Bills Across Max Meadows, Wythe County, Virginia

In Max Meadows, located in Wythe County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is $139,000, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. With a median property tax bill of $699, homeowners in Max Meadows enjoy a rate significantly lower than the national median property tax bill of $2,400. This can be a relief for homeowners, but there is still room to save more. Ownwell assists homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing incorrect assessments, Ownwell can help homeowners reduce their tax burden, ensuring they pay only what is fair and equitable. This service can lead to substantial savings, making homeownership more affordable.

Property Tax Bills Across Max Meadows, Wythe County, Virginia

Source: Ownwell

$461

$665

$869

Median Max Meadows Tax Bill

$699

Median Wythe County Tax Bill

$699

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Max Meadows, Wythe County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24360	$165	$447	$699	$1,027	$1,392

Source: Ownwell