Fluvanna County, Virginia Property Taxes
The median property tax rate in Fluvanna County is 0.84%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $247,650 in Fluvanna County, the typical annual property tax bill amounts to $2,092, which is below the national median of $2,690. Property taxes in Fluvanna County are determined based on the assessed value, which is often less than the market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Fluvanna County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Palmyra or another part of Fluvanna County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fluvanna County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$2,080
$1,930
Ownwell’s Fluvanna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fluvanna with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fluvanna 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 Fluvanna County, Virginia
Property taxes in Fluvanna County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fluvanna County is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Fluvanna County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fluvanna 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. The following data compares Fluvanna County's effective property tax rate with other areas and the national median. For comparison, the city of Charlottesville has one of the higher property tax rates in the region at 0.84%, while the city of Bremo Bluff boasts one of the lowest at 0.84%. Analyzing how Fluvanna County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fluvanna County Tax Rate
0.84%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fluvanna County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bremo Bluff | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Charlottesville | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Columbia | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Fork Union | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Kents Store | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Keswick | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Louisa | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Palmyra | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Scottsville | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Troy | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Zion Crossroads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fluvanna County, Virginia
In Fluvanna, 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 Fluvanna 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 Fluvanna 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. Keswick has the highest median tax bill at $3,395, while Bremo Bluff has the lowest at $1,099. Being aware of these valuation processes in Fluvanna will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Fluvanna County, Virginia
Source: Ownwell
$129,900
$266,100
$402,300
Average Fluvanna County Assessed Value
$247,650
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fluvanna County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bremo Bluff | $54,960 | $93,950 | $129,900 | $186,900 | $292,260 |
| Charlottesville | $102,360 | $138,350 | $245,150 | $318,750 | $358,040 |
| Columbia | $52,260 | $89,750 | $165,900 | $267,600 | $417,380 |
| Fork Union | $87,550 | $124,200 | $191,700 | $303,425 | $464,950 |
| Kents Store | $107,300 | $142,700 | $222,700 | $329,550 | $481,420 |
| Keswick | $200,800 | $306,175 | $402,300 | $467,600 | $587,950 |
| Louisa | $109,960 | $151,850 | $242,700 | $292,600 | $386,700 |
| Palmyra | $152,300 | $196,100 | $256,800 | $346,200 | $496,800 |
| Scottsville | $105,100 | $154,200 | $225,200 | $313,300 | $422,920 |
| Troy | $122,510 | $180,600 | $269,100 | $380,875 | $535,990 |
| Zion Crossroads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fluvanna County, Virginia
In Fluvanna County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the market value of similar properties, the condition of the home, and any improvements or renovations made. Homeowners in Fluvanna County experience a range of tax bills. For instance, the 25th percentile tax bill is $1,516, while the 75th percentile reaches $2,893, and the 90th percentile goes up to $4,130. These figures reflect the variability in property values and local tax rates. Comparatively, Fluvanna's tax rates can be more favorable than areas with the highest median tax bill, like Keswick, which stands at $3,395. On the lower end, Bremo Bluff has a median tax bill of $1,099. For homeowners, understanding these factors helps in budgeting and planning for annual property tax expenses.
Average Fluvanna County Tax Bill
$2,092
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Fluvanna County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bremo Bluff | $466 | $793 | $1,099 | $1,571 | $2,468 |
| Charlottesville | $864 | $1,168 | $2,069 | $2,690 | $3,098 |
| Columbia | $444 | $771 | $1,400 | $2,260 | $3,525 |
| Fork Union | $739 | $1,048 | $1,620 | $2,561 | $3,924 |
| Kents Store | $906 | $1,204 | $1,886 | $2,778 | $4,063 |
| Keswick | $1,695 | $2,584 | $3,395 | $3,947 | $4,962 |
| Louisa | $928 | $1,282 | $2,048 | $2,470 | $3,264 |
| Palmyra | $1,284 | $1,655 | $2,168 | $2,922 | $4,193 |
| Scottsville | $887 | $1,303 | $1,908 | $2,646 | $3,575 |
| Troy | $1,028 | $1,524 | $2,271 | $3,229 | $4,524 |
| Zion Crossroads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell