Church Road, Virginia Property Taxes
The median property tax rate in Church Road, VA is 0.38%, significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $143,700 in Church Road, the typical annual property tax bill amounts to $546, which is well below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Church Road'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 Church Road or another part of Amelia County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Church Road, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$546
Ownwell’s Church Road Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Church Road with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Church Road 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Church Road, Virginia
Property taxes in Church Road, Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Church Road is 0.38%, which is lower than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within Church Road set these rates annually, and they can vary significantly across different neighborhoods. Each year, Church Road 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 Church Road's effective property tax rate to other counties in Virginia and the national median. For comparison, the highest median property tax rate in Virginia is found in zip code 22046 with a rate of 1.08%, while the lowest median tax rate is in zip code 23123 at 0.31%. Understanding how these cities compare with Church Road provides valuable insights into the varying tax landscape across Amelia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Church Road Tax Rate
0.38%
Average Amelia County Tax Rate
0.38%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Church Road, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23833 | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
Source: Ownwell
Property Tax Assessment Values Across Church Road, Virginia
In Church Road, 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 Amelia 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. In Church Road, 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 Church Road helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Church Road is $143,700, with the 25th percentile tax bill at $238 and the 75th percentile tax bill at $891. The highest and lowest median tax bills both stand at $546 in the 23833 zip code.
Average Church Road Assessed Value
$143,700
Average Amelia County Assessed Value
$193,300
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Church Road, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23833 | $42,320 | $62,700 | $143,700 | $234,450 | $329,500 |
Source: Ownwell
Property Tax Bills Across Church Road, Virginia
In Church Road, property tax bills are calculated based on the assessed value of your home. The local tax authority determines this value, which is then multiplied by the property tax rate set by Amelia County. Factors such as the size of your home, its location, and any improvements made to the property can influence the assessed value. Homeowners in Church Road can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is around $238, while the 75th percentile reaches $891, and the 90th percentile can go up to $1,252. By comparison, the national median property tax rate is 0.99%, so local rates can be higher or lower depending on specific assessments. These property taxes fund essential community services like schools, emergency services, and infrastructure, directly impacting the quality of life for residents. Understanding how these factors come together can help homeowners better anticipate their annual property tax obligations.
Average Church Road Tax Bill
$546
Average Amelia County Tax Bill
$735
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Church Road, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23833 | $161 | $238 | $546 | $891 | $1,252 |
Source: Ownwell