24381 Property Tax Rate

Property owners in ZIP code 24381 (Woodlawn, Virginia) pay a median of $750/year in property taxes on homes valued at $155,200. This translates to an effective tax rate of 0.48%, which is 28% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 24381 is approximately $63, which factors into escrow payments on mortgages. This ZIP code is located within Carroll County. This is $1,493 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 24381 has higher property taxes. ZIP codes with similar effective rates include 23035 (0.48%) and 24368 (0.48%).

In Woodlawn, property taxes represent approximately 1.2% of the median household income of $65,179, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Carroll County sets assessments locally with no automatic reassessment trigger at property transfer. Carroll County provides circuit breaker relief for seniors 65+ and disabled homeowners meeting income requirements, plus Land Use rates for farming and forestry. Contact the Carroll County Assessor within 30 days of closing to apply for available exemptions and verify your assessed value.