Charlottesville, Charlottesville County, Virginia Property Taxes

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

Median Charlottesville, VA effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Charlottesville, VA home value: $404,800
Median annual Charlottesville, VA tax bill: $3,957, $1,557 higher than the national median property tax bill of $2,400.

How are property taxes in Charlottesville calculated?

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

Last Updated March 1, 2025

Charlottesville, Charlottesville County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$3,967

$3,681

Ownwell’s Charlottesville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Charlottesville with just two data points.

By entering your property's estimated assessed value, our calculator applies Charlottesville’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 Charlottesville.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Charlottesville, Charlottesville County, Virginia

Local government entities in Charlottesville, Virginia, determine tax rates, which can vary significantly within the state. Each year, counties estimate their budgets to provide essential services and divide this by the total assessed value of all taxable property in their jurisdiction. This process results in the property tax rate. While setting tax rates and budgets involves votes and laws, this is the basic annual procedure.

Charlottesville’s effective property tax rate is an interesting point of comparison. The city’s rate stands at 0.98%, which is slightly below the national median of 1.02%. Within Charlottesville, the highest median tax rate is found in zip code 22901, also at 0.98%, while the lowest is in zip code 22902, at 0.97%. This shows a narrow range of property tax rates within the city itself. When compared to the national median property tax bill of $2400, Charlottesville's rates offer a competitive edge for homeowners. Understanding these local variations can help property owners make informed decisions about their investments and potential savings through tax appeals and exemptions.

Property Tax Rates Across Charlottesville, Charlottesville County, Virginia

Source: Ownwell

0.97%

0.98%

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 Charlottesville Tax Rate

0.98%

Median Effective Charlottesville County Tax Rate

0.98%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Charlottesville, Charlottesville County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
22901	0.97%	0.97%	0.98%	0.98%	0.99%
22902	0.97%	0.97%	0.97%	0.98%	0.99%
22903	0.97%	0.97%	0.98%	0.98%	0.98%

Source: Ownwell

Property Tax Assessment Values Across Charlottesville, Charlottesville County, Virginia

When examining property taxes in Charlottesville, 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 Charlottesville 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 Charlottesville 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 Charlottesville.

For example, the median home price in Charlottesville is $404,800, with tax bills ranging significantly across the county. Zip code 22901 has the highest median home price at $453,800.

Property Tax Assessment Values Across Charlottesville, Charlottesville County, Virginia

Source: Ownwell

$382,200

$418,000

$453,800

Median Charlottesville Market Value

$404,800

Median Charlottesville County Market Value

$404,800

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Charlottesville, Charlottesville County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
22901	$341,670	$379,100	$453,800	$565,475	$727,600
22902	$236,400	$295,900	$382,200	$538,500	$742,640
22903	$202,800	$295,500	$399,000	$538,850	$816,210

Source: Ownwell

Property Tax Bills Across Charlottesville, Charlottesville County, Virginia

In Charlottesville, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Charlottesville is $404,800, and the property tax bills can vary significantly. For example, the 25th percentile tax bill is $3,016, while the 75th percentile reaches $5,340, and the 90th percentile climbs to $7,486. Homeowners in the 22901 zip code face the highest median tax bill at $4,444, compared to those in the 22902 zip code, where the median tax bill is $3,745. These figures are above the national median property tax bill of $2,400. Higher property taxes can place a significant financial burden on homeowners. Ownwell can assist by providing property tax appeal and exemption services, potentially lowering the assessed value and, consequently, the tax bill. This service can offer substantial savings and financial relief for property owners in Charlottesville.

Property Tax Bills Across Charlottesville, Charlottesville County, Virginia

Source: Ownwell

$3,745

$4,095

$4,444

Median Charlottesville Tax Bill

$3,957

Median Charlottesville County Tax Bill

$3,957

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Charlottesville, Charlottesville County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
22901	$3,249	$3,674	$4,444	$5,562	$7,137
22902	$2,279	$2,870	$3,745	$5,273	$7,235
22903	$1,941	$2,840	$3,903	$5,269	$7,920

Source: Ownwell