Amissville, Culpeper County, Virginia Property Taxes
The median property tax rate in Amissville, VA is 0.46%, considerably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $499,500 in Amissville, the typical annual property tax bill reaches $2,767, slightly exceeding the national median of $2,690. Property taxes in Amissville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Amissville'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 Amissville or another part of Culpeper County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amissville, Culpeper County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$2,298
$2,132
Ownwell’s Amissville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amissville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amissville 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 Amissville, Culpeper County, Virginia
Property taxes in Amissville, Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amissville is 0.46%, which is lower than the U.S. national median of 0.99%. Local government entities within Amissville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amissville 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 Amissville's effective property tax rate to other counties in Virginia and the national median. For comparison, the 20106 zip code has the highest median property tax rate of 0.46%, while the 20106 zip code also has the lowest median tax rate of 0.46%. Understanding how these cities compare with Amissville provides valuable insights into the varying tax landscape across Culpeper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amissville Tax Rate
0.46%
Average Culpeper County Tax Rate
0.46%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amissville, Culpeper County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20106 | 0.37% | 0.46% | 0.46% | 0.46% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Amissville, Culpeper County, Virginia
In Amissville, 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 Culpeper 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 Amissville, 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 Amissville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 20106, with a median tax bill of $2,767.
Property Tax Assessment Values Across Amissville, Culpeper County, Virginia
Source: Ownwell
$281,200
$417,350
$553,500
Average Amissville Assessed Value
$499,500
Average Culpeper County Assessed Value
$394,900
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amissville, Culpeper County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20106 | $325,160 | $407,200 | $499,500 | $567,900 | $641,720 |
Source: Ownwell
Property Tax Bills Across Amissville, Culpeper County, Virginia
In Amissville, Culpeper County, VA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Factors such as property size, location, and condition play a significant role in determining this value. Homeowners in Amissville can expect their tax bills to vary widely. For example, the 25th percentile tax bill is $2,556, while the 75th percentile tax bill is $2,918. At the 90th percentile, the tax bill reaches $3,303. These values are relatively close to the highest and lowest median tax bills in the area, both of which are $2,767 in the zip code 20106. When compared to the national median property tax rate of 0.99%, the property tax bills in Amissville are comparable, reflecting the local property values. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Amissville Tax Bill
$2,767
Average Culpeper County Tax Bill
$1,772
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Amissville, Culpeper County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20106 | $2,118 | $2,556 | $2,767 | $2,918 | $3,303 |
Source: Ownwell