Flint Hill, Virginia Property Taxes
The median property tax rate in Flint Hill, VA is 0.61%, 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 $378,800 in Flint Hill, the typical annual property tax bill is $2,184, falling below the national median of $2,690. Property taxes in Flint Hill are calculated based on the tax assessed value, which often is less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Flint Hill'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 Flint Hill or another part of Rappahannock County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Flint Hill, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$2,311
Ownwell’s Flint Hill Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Flint Hill, Rappahannock County, Virginia. By simply entering your property's estimated assessed value, the calculator uses the median tax rate specific to Flint Hill to provide an accurate estimate of your property tax bill. This valuable resource helps you understand your potential tax liabilities, ensuring you're well-prepared for any financial obligations. For those interested in more detailed insights, neighborhood-level trends are also available. Your property’s assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Flint Hill, Virginia
Property taxes in Flint Hill, Virginia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Flint Hill is 0.61%, which is lower than the U.S. national median of 0.99%. Local government entities within Flint Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Flint Hill 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 Flint Hill's effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 22627 has the highest median property tax rate of 0.61%, while the same zip code also has the lowest median tax rate of 0.61%. Understanding how these cities compare with Flint Hill provides valuable insights into the varying tax landscape across Rappahannock County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Flint Hill Tax Rate
0.61%
Average Rappahannock County Tax Rate
0.61%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Flint Hill, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22627 | 0.34% | 0.52% | 0.61% | 0.61% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Flint Hill, Virginia
In Flint Hill, Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Rappahannock County Appraisal District 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. Assessment notices in Flint Hill 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 Flint Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Flint Hill are both $2,184, occurring in the 22627 zip code.
Average Flint Hill Assessed Value
$378,800
Average Rappahannock County Assessed Value
$307,100
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Flint Hill, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22627 | $122,230 | $236,800 | $378,800 | $667,300 | $1,109,520 |
Source: Ownwell
Property Tax Bills Across Flint Hill, Virginia
In Flint Hill, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the tax rate set by Rappahannock County. For example, with a median home price of $378,800, homeowners can expect their tax bills to vary significantly. At the 25th percentile, the tax bill is around $1,271, while at the 75th percentile, it rises to $3,610, and at the 90th percentile, it can reach $5,425. These tax bills are influenced by several factors, including property size, location, and any improvements made to the home. Homeowners in Flint Hill should be aware that their property tax bill can have a substantial impact on their annual expenses. Comparing this to the national median property tax rate of 0.99%, residents of Flint Hill might find their property tax bills either higher or lower depending on their specific circumstances, affecting their overall financial planning and homeownership costs.
Average Flint Hill Tax Bill
$2,184
Average Rappahannock County Tax Bill
$1,730
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Flint Hill, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22627 | $331 | $1,271 | $2,184 | $3,610 | $5,425 |
Source: Ownwell