23868 Property Tax Rate

Property owners in ZIP code 23868 (Lawrenceville, Virginia) pay a median of $746/year in property taxes on homes valued at $138,800. This translates to an effective tax rate of 0.54%, which is 20% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23868 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Brunswick County. This is $1,497 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23868 has higher property taxes. ZIP codes with similar effective rates include 24065 (0.54%) and 24054 (0.54%).

In Lawrenceville, property taxes represent approximately 1.9% of the median household income of $38,661, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Brunswick County assessments are locally set and do not reset at sale; the county's lower property values result in minimal tax liability. Brunswick County residents age 65+ or those with disabilities may qualify for the Circuit Breaker program to further reduce tax if income is below the threshold — contact the Brunswick County Assessor to apply. Request your assessment from the Brunswick County Assessor and file an appeal within 30 days if the valuation seems inaccurate.