Tangier, Accomack County, Virginia Property Taxes

Name: Property Tax Bills Across Tangier, Accomack County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tangier, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Tangier, VA home value: $66,100
Median annual Tangier, VA tax bill: $393, $2,007 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

Property taxes in Tangier, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Tangier’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tangier, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tangier, Accomack County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$397

$368

Ownwell’s Tangier Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tangier with just two data points. By entering your property's estimated assessed value, our calculator applies Tangier’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Accomack. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tangier, Accomack County, Virginia

Local government entities determine property tax rates, which can differ significantly within a state. Each year, counties calculate their budget needs for essential services and divide this by the total assessed value of all taxable properties in their area. This process establishes the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this annual procedure is the essence of how property tax rates are determined. In Tangier, located in Accomack County, Virginia, the effective property tax rate reflects a unique aspect of the region's fiscal strategy compared to other cities within the state. With the median property tax rate in Virginia being lower than the national median, homeowners in Tangier may find themselves with a more favorable tax situation than those in other parts of the country. This comparison highlights the diverse approaches to property taxation across different jurisdictions and underscores the importance of understanding local tax policies.

Property Tax Rates Across Tangier, Accomack County, Virginia

Source: Ownwell

0.47%

0.54%

0.62%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Tangier Tax Rate

0.60%

Median Effective Accomack County Tax Rate

0.60%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tangier, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23440	0.60%	0.60%	0.60%	0.60%	0.60%

Source: Ownwell

Property Tax Assessment Values Across Tangier, Accomack County, Virginia

When examining property taxes in Tangier, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Accomack County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Accomack County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Tangier. For example, the median home price in Tangier is $66,100, with tax bills ranging significantly across the county. Zip code 23440 has the highest median home price at $66,100.

Property Tax Assessment Values Across Tangier, Accomack County, Virginia

Source: Ownwell

$20,200

$116,150

$212,100

Median Tangier Market Value

$66,100

Median Accomack County Market Value

$110,500

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tangier, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23440	$16,200	$27,825	$66,100	$93,225	$132,800

Source: Ownwell

Property Tax Bills Across Tangier, Accomack County, Virginia

In Tangier, located in Accomack County, VA, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $66,100, the tax bill can vary significantly, ranging from the 25th percentile at $166 to the 90th percentile at $790. The highest and lowest median tax bills in the area are both $393, which is significantly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include changes in property values and adjustments in local tax rates. For homeowners, this means that even small fluctuations in assessed value or tax rates can impact their annual expenses. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and apply for potential exemptions, potentially leading to significant savings. By leveraging expertise in local property tax regulations, Ownwell ensures that homeowners in Tangier pay only their fair share, easing the financial burden of property ownership.

Property Tax Bills Across Tangier, Accomack County, Virginia

Source: Ownwell

$120

$718

$1,315

Median Tangier Tax Bill

$393

Median Accomack County Tax Bill

$645

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Tangier, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23440	$96	$166	$393	$555	$790

Source: Ownwell