Birdsnest, Virginia Property Taxes
The median property tax rate in Birdsnest, VA is 0.76%, which is notably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $60,900 in Birdsnest, the typical annual property tax bill comes to $463, significantly below the national median of $2,690. Property taxes in Birdsnest are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Birdsnest's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Birdsnest or another part of Northampton County, a thorough grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Birdsnest, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$463
Ownwell’s Birds Nest Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Birds Nest with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Birds Nest to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Northampton County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Birdsnest, Virginia
Property taxes in BirdsNest, Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in BirdsNest is 0.76%, which is lower than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within BirdsNest set these rates annually, and they can vary significantly across different neighborhoods. Each year, BirdsNest estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares BirdsNest's effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 23307 has the highest median property tax rate of 0.76%, while the same zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with BirdsNest provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Birdsnest Tax Rate
0.76%
Average Northampton County Tax Rate
0.76%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Birdsnest, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23307 | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Birdsnest, Virginia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Birdsnest, Virginia. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Northampton County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Birdsnest, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Birdsnest helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Birdsnest is $463 in the 23307 zip code, which is significantly lower than the national median property tax rate of 0.99%. This highlights the importance of understanding local property tax dynamics to optimize your financial planning.
Average Birdsnest Assessed Value
$60,900
Average Northampton County Assessed Value
$142,500
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Birdsnest, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23307 | $15,660 | $34,100 | $60,900 | $107,400 | $185,080 |
Source: Ownwell
Property Tax Bills Across Birdsnest, Virginia
In Birds Nest, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $60,900, homeowners in Birds Nest might see a range of tax bills depending on the assessed value of their property. At the 25th percentile, tax bills are around $259, while the 75th percentile sees tax bills of $816. For those at the higher end, in the 90th percentile, the tax bill can reach up to $1,407. Factors such as property size, location, and improvements can influence the assessed value, thus affecting the tax bill. Compared to the national median property tax rate of 0.99%, Birds Nest offers a relatively affordable property tax environment, making it an attractive option for homeowners looking to manage their expenses. This can significantly impact homeowners by providing financial relief and potentially increasing disposable income.
Average Birdsnest Tax Bill
$463
Average Northampton County Tax Bill
$1,083
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Birdsnest, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23307 | $119 | $259 | $463 | $816 | $1,407 |
Source: Ownwell