Patrick County, VA Property Tax Calculator

The effective property tax rate in Patrick County is 0.55% — calculated as the median annual property tax paid ($845) divided by the median home value ($153,400), using 2024 US Census ACS 5-year estimates. Your actual bill depends on your purchase price, homestead or senior exemptions, and any special assessments applied in your taxing district.

Virginia's combined real estate transfer tax is approximately 0.43% of the purchase price. On the median Patrick County home value of $153,400, this adds roughly $660 at closing. Grantor's (seller) tax $0.50/$500 (0.1%). Northern Virginia and Hampton Roads sellers pay an additional $0.15/$100 (0.15%) NVTA/HRTA regional congestion fee (total ~0.25% seller in those regions). Buyer pays State Recordation Tax $0.25/$100 (0.25%) + local 1/3 addition ($0.083/$100) + grantee tax $0.50/$500 (0.1%) ≈ 0.43% total on deed. Additional recordation on mortgage applies if financed.

Flood risk is relatively low. Only 3.8% of Patrick County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone — verify at msc.fema.gov.

Closing costs for a buyer in Patrick County typically run $3,068–$7,670 (2–5% of purchase price) on a median-priced home, including title insurance ($800–$2,000), appraisal ($400–$700), home inspection ($350–$600), recording fees ($100–$300), and loan origination (0.5–1.0% of the loan amount). Use the calculator above for a specific estimate at your purchase price.