Amelia County, Virginia Property Taxes
The median property tax rate in Amelia County is 0.38%, which is significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Amelia County, the typical annual property tax bill reaches $735, which is considerably less than the national median of $2,690. Property taxes in Amelia County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Amelia County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Amelia or another part of Amelia County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amelia County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$735
$682
Ownwell’s Amelia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Amelia with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Amelia to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Amelia County, Virginia
Property taxes in Amelia County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Amelia County is 0.38%, which is significantly lower than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within Amelia County set these rates annually, and they can vary significantly between different areas within the county. Each year, Amelia County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. Analyzing how Amelia County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Amelia County Tax Rate
0.38%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amelia County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia Court House | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Church Road | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Ford | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Jetersville | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
| Rice | 0.38% | 0.38% | 0.38% | 0.38% | 0.38% |
Source: Ownwell
Property Tax Assessment Values Across Amelia County, Virginia
In Amelia County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Amelia County Appraisal District. The assessed value, however, 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 Amelia County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, the highest median tax bill in the county is in Amelia Court House at $783, while the lowest is in Rice at $455. Being aware of these valuation processes in Amelia County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Amelia County, Virginia
Source: Ownwell
$119,700
$162,825
$205,950
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 Amelia County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia Court House | $67,230 | $122,400 | $205,950 | $300,575 | $410,060 |
| Church Road | $42,320 | $62,700 | $143,700 | $234,450 | $329,500 |
| Ford | $46,590 | $119,525 | $156,650 | $255,475 | $335,080 |
| Jetersville | $54,360 | $112,500 | $175,650 | $255,300 | $342,470 |
| Rice | $40,580 | $73,100 | $119,700 | $178,300 | $258,200 |
Source: Ownwell
Property Tax Bills Across Amelia County, Virginia
In Amelia County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The tax rate is applied to this assessed value to determine the annual property tax bill. For instance, with a median home price of $193,300, homeowners can expect a range of tax bills. The 25th percentile tax bill is $446, while the 75th percentile tax bill rises to $1,098, and the 90th percentile reaches $1,510. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions or deductions. For example, Amelia Court House has the highest median tax bill at $783, contrasting with Rice, which has the lowest at $455. These variations can significantly impact homeowners, affecting their monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, Amelia County's tax rates offer a diverse range that reflects the unique characteristics and values of properties within the region.
Average Amelia County Tax Bill
$735
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Amelia County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia Court House | $255 | $465 | $783 | $1,142 | $1,558 |
| Church Road | $161 | $238 | $546 | $891 | $1,252 |
| Ford | $177 | $454 | $595 | $971 | $1,273 |
| Jetersville | $207 | $428 | $667 | $970 | $1,301 |
| Rice | $154 | $278 | $455 | $678 | $981 |
Source: Ownwell