24221 Property Tax Rate

Property owners in ZIP code 24221 (Blackwater, Virginia) pay a median of $852/year in property taxes on homes valued at $121,300. This translates to an effective tax rate of 0.70%, which is 4% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24221 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Lee County. This is $1,391 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24221 has lower property taxes. ZIP codes with similar effective rates include 23027 (0.70%) and 23238 (0.70%).

In Blackwater, property taxes represent approximately 1.6% of the median household income of $51,719, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Lee County sets assessments locally with no statewide reassessment policy at sale. Lee County offers circuit breaker relief for seniors 65+ and permanently disabled residents with limited income, plus Land Use rates for agricultural/forest land. File for senior or disability exemptions with the Lee County Assessor immediately after closing to reduce taxable value.