23899 Property Tax Rate

Property owners in ZIP code 23899 (Claremont, Virginia) pay a median of $783/year in property taxes on homes valued at $186,700. This translates to an effective tax rate of 0.42%, which is 38% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23899 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Surry County. This is $1,460 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23899 has higher property taxes. ZIP codes with similar effective rates include 23004 (0.42%) and 24440 (0.42%).

In Claremont, property taxes represent approximately 1.5% of the median household income of $53,125, providing context for the relative tax burden on homeowners in this area.

Virginia imposes no state property tax; Surry County's 0.73% rate is set locally and applies at purchase without reassessment caps. Qualifying agricultural property owners should file for Land Use Taxation classification with the Surry County Assessor to pay taxes based on agricultural use value instead of market value. Disabled and elderly homeowners should contact the Surry County Assessor immediately to determine eligibility for the circuit breaker relief program, which caps taxes as a percentage of income.