23963 Property Tax Rate

Property owners in ZIP code 23963 (Red House, Virginia) pay a median of $576/year in property taxes on homes valued at $223,200. This translates to an effective tax rate of 0.26%, which is 62% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23963 is approximately $48, which factors into escrow payments on mortgages. This ZIP code is located within Charlotte County. This is $1,667 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23963 has lower property taxes. ZIP codes with similar effective rates include 23076 (0.27%) and 23050 (0.27%).

In Red House, property taxes represent approximately 0.9% of the median household income of $61,406, providing context for the relative tax burden on homeowners in this area.

Charlotte County's 0.47% local rate is your only property tax obligation in Virginia, which has no state tax or sale-triggered reassessment. Landowners using property for agriculture should file for Land Use Taxation with the Charlotte County Assessor to be taxed on use value rather than market value. Disabled and elderly (65+) homeowners should contact the Charlotte County Assessor to determine your eligibility for circuit breaker relief, which caps property taxes based on income.