Homeowners in Drakes Branch, Virginia paid a median $706 a year in property tax on a median home worth $111,000, an effective rate of about 0.64% (Census 2020–2024).
0.52%Charlotte County overall
Drakes Branch vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Drakes Branch
At the local 0.64% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $954 | $80 |
| $250,000 | $1,590 | $133 |
| $350,000 | $2,226 | $186 |
| $500,000 | $3,180 | $265 |
Buying a home in Charlotte County? 2026 loan limits
Nearby and related
- Charlotte County property taxcounty overview
- Virginia property tax by countyranked
- Charlotte Court House, VA0.51% effective
- Cost of living in Virginiaprices & rents
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Drakes Branch, Virginia?
Homeowners in Drakes Branch, Virginia paid a median $706 a year in property tax on a median home worth $111,000, an effective rate of about 0.64% (Census 2020–2024).
How much is property tax on a $250,000 home in Drakes Branch?
About $1,590 a year at the 0.64% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Drakes Branch higher than the rest of Virginia?
Drakes Branch ranks #138 lowest of 368 Virginia places we track. The statewide effective rate is 0.73%. Charlotte County overall is 0.52%.