Appomattox County, Virginia Property Taxes
The median property tax rate in Appomattox County is 0.63%, 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 Appomattox County, the typical annual property tax bill is $735, well below the national median of $2,690. Property taxes in Appomattox 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 Appomattox 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 Appomattox or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Appomattox County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$747
$693
Ownwell’s Appomattox Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Appomattox with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Appomattox 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 Appomattox County, Virginia
Property taxes in Appomattox play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Appomattox is 0.63%, which is lower than the U.S. national median of 0.99%. Local government entities within Appomattox set these rates annually, and they can vary significantly between different areas within the county. Each year, Appomattox 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. The following data compares Appomattox's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Appomattox has one of the higher property tax rates in Virginia at 0.63%, while the city of Appomattox also boasts one of the lowest at 0.63%. Analyzing how Appomattox's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Appomattox County Tax Rate
0.63%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Appomattox County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Appomattox | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Concord | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Gladstone | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Lynchburg | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Pamplin | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Prospect | N/A | N/A | N/A | N/A | N/A |
| Red House | 0.56% | 0.63% | 0.63% | 0.63% | 0.63% |
| Spout Spring | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Appomattox County, Virginia
In Appomattox 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 Appomattox 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 Appomattox 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, Spout Spring has the highest median tax bill at $831, while Lynchburg has the lowest at $273. Being aware of these valuation processes in Appomattox 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 Appomattox County, Virginia
Source: Ownwell
$47,300
$91,000
$134,700
Average Appomattox County Assessed Value
$118,500
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Appomattox County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Appomattox | $39,500 | $75,000 | $122,000 | $174,000 | $236,740 |
| Concord | $36,580 | $80,700 | $130,700 | $192,400 | $262,600 |
| Gladstone | $22,450 | $62,000 | $90,850 | $130,375 | $191,830 |
| Lynchburg | $31,260 | $33,400 | $47,300 | $79,500 | $101,480 |
| Pamplin | $24,200 | $60,975 | $97,050 | $145,950 | $214,950 |
| Prospect | N/A | N/A | N/A | N/A | N/A |
| Red House | $22,260 | $34,500 | $66,300 | $89,600 | $102,740 |
| Spout Spring | $39,480 | $79,650 | $134,700 | $182,325 | $217,410 |
Source: Ownwell
Property Tax Bills Across Appomattox County, Virginia
In Appomattox County, VA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county’s assessor and reflects the market value of your property. Homeowners in Appomattox County experience a range of tax bills, with the 25th percentile paying around $450 and the 75th percentile paying approximately $1,089. At the 90th percentile, tax bills can reach up to $1,457. Several factors influence these amounts, including property size, location, and improvements. For instance, Spout Spring has the highest median tax bill at $831, while Lynchburg has the lowest at $273. Compared to the national median property tax rate of 0.99%, Appomattox County's rates are relatively moderate, making it an appealing area for homeowners. Understanding these factors helps homeowners anticipate their tax liabilities and plan their finances accordingly.
Average Appomattox County Tax Bill
$735
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Appomattox County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Appomattox | $225 | $462 | $757 | $1,090 | $1,484 |
| Concord | $211 | $500 | $815 | $1,206 | $1,657 |
| Gladstone | $133 | $346 | $565 | $821 | $1,209 |
| Lynchburg | $197 | $210 | $273 | $501 | $639 |
| Pamplin | $139 | $341 | $608 | $914 | $1,347 |
| Prospect | N/A | N/A | N/A | N/A | N/A |
| Red House | $140 | $214 | $339 | $467 | $647 |
| Spout Spring | $229 | $492 | $831 | $1,146 | $1,368 |
Source: Ownwell