HonestCasa logoHonestCasa
Updated 2025 Tax Year

Danville County
Property Tax Guide

Everything you need to know about property taxes in Danville County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
$0.83 per $100 of assessed value (0.83% effective rate), may vary by special taxing districts
Exemptions
5+ Available
Section 1

How Property Tax Works

Danville County, Virginia operates on a property tax system that serves as a primary funding source for essential local services including public schools, law enforcement, fire protection, road maintenance, and other municipal services. Property taxes are assessed based on the fair market value of real estate as determined by the county assessor's office, with annual reassessments conducted to maintain current valuations.

The effective tax rate in Danville County for FY 2024-2025 is $0.83 per $100 of assessed value, which translates to approximately 0.83% of your property's assessed value. However, actual tax liability can vary significantly depending on your property's location within the county, as additional special taxing districts may apply supplemental assessments for specific services or improvements. Property owners should verify their specific tax district to understand their complete tax obligation, as rates can differ between residential areas, commercial districts, and special assessment zones.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
Base Real Estate Tax$0.83Primary county levy for general services
School District AssessmentVariesAdditional levy for school funding (varies by district)
Special Assessment DistrictsVariesInfrastructure improvements, fire districts, etc.
Total Effective Rate$0.83+Combined rate varies by location within county

Rates shown apply to Levy Year FY 2024-2025 (July 1, 2024 through June 30, 2025). The base rate of $0.83 per $100 is expected to remain unchanged through June 30, 2025 based on the current budget proposal. Special district assessments vary significantly by location and can add $0.10-$0.50+ per $100 of assessed value depending on your property's specific taxing districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Danville County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Danville County are triggered by specific events that change a property's taxable status or value during the tax year. The most common triggers include change of ownership through sale or transfer, completion of new construction or major improvements, and changes in property use classification (such as converting from agricultural to residential use).

When a supplemental tax is assessed, it's calculated as a prorated amount based on the number of months remaining in the current fiscal year. For example, if you purchase a home in January that was previously assessed at a lower value, you would receive a supplemental bill for the difference between the old and new tax amounts, prorated for the remaining 5 months of the fiscal year (February through June). The calculation uses the same $0.83 per $100 rate plus any applicable special district assessments, applied only to the increased assessed value for the partial year period.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if qualified): -$15,000
  • Net Taxable Value: $285,000
  • Annual Tax: $285,000 ÷ 100 × $0.83 = $2,366
  • Monthly Escrow: $197

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Credit (if qualified): -$15,000
  • Net Taxable Value: $585,000
  • Annual Tax: $585,000 ÷ 100 × $0.83 = $4,856
  • Monthly Escrow: $405

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if qualified): -$15,000
  • Net Taxable Value: $985,000
  • Annual Tax: $985,000 ÷ 100 × $0.83 = $8,176
  • Monthly Escrow: $681

Note: Homestead and other tax credits require annual application and are not automatically applied. Special district assessments would increase these amounts. Calculations assume qualification for homestead credit.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Danville County require property tax escrow accounts, where monthly payments are collected along with your mortgage payment to ensure timely tax payment. Your lender calculates the monthly escrow amount by estimating your annual property tax bill (including any special assessments) and dividing by 12 months, often with a small cushion for potential increases.

Property taxes in Danville County are billed semi-annually with payments due December 5th (first half) and June 5th (second half) for the current fiscal year. Your mortgage company will typically pay these bills directly from your escrow account on or before the due dates. After payment, you should receive copies of the tax bills and payment receipts from your lender. It's important to review these documents annually to ensure your escrow account has adequate funds, as tax increases or new special assessments may require escrow payment adjustments. The county does not offer payment extensions or payment plans for real estate taxes, making proper escrow management crucial for avoiding late penalties.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due for FY 2024-2025? A: Real estate taxes are due December 5, 2024 (first half) and June 5, 2025 (second half). No payment extensions or payment plans are available.

Q: What tax credits are available and do I need to apply? A: Primary tax credits include the Homestead Credit for qualifying homeowners and credits for elderly/disabled residents. All tax credits require annual application and are not automatically applied to your tax bill.

Q: How does the Homestead Credit work? A: The Homestead Credit limits annual assessment increases on your primary residence (typically to 10% per year) rather than reducing market value. You must own and occupy the property as your primary residence and file an application with the assessor's office.

Q: How often are properties reassessed? A: Danville County conducts annual reassessments to maintain current market values. Property owners receive assessment notices and have appeal rights if they disagree with the assessed value.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges. Contact the treasurer's office for current penalty rates and payment options.

Q: Can I pay my property taxes online? A: Yes, Danville County offers online payment options through their official website. Contact the treasurer's office for payment portal access and accepted payment methods.

Q: How do special district taxes affect my bill? A: Special districts can add significant amounts to your base tax rate. These vary by location and fund specific services like fire protection, street lighting, or infrastructure improvements.

Q: What if I disagree with my property assessment? A: You have the right to appeal your assessment. Contact the assessor's office for appeal procedures, deadlines, and required documentation to support your case.

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Free • No credit check • 2-minute estimate