Halifax, Halifax County, Virginia Property Taxes
Median Halifax, VA effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Halifax, VA home value: $96,352
Median annual Halifax, VA tax bill: $482, $1,918 lower than the national median property tax bill of $2,400.
How are property taxes in Halifax calculated?
Property taxes in Halifax, 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 Halifax’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Halifax, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Halifax, Halifax County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$482
$447
Property Tax Rates Across Halifax, Halifax County, Virginia
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 Halifax Tax Rate
0.50%
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 Halifax County Tax Rate
0.50%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Halifax, Halifax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24558 | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Halifax, Halifax County, Virginia
When examining property taxes in Halifax, 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 Halifax 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 Halifax 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 Halifax.
For example, the median home price in Halifax is $96,352, with tax bills ranging significantly across the county. Zip code 24558 has the highest median home price at $96,352.
Property Tax Assessment Values Across Halifax, Halifax County, Virginia
Source: Ownwell
$75,800
$94,210
$112,619
Median Halifax Market Value
$96,352
Median Halifax County Market Value
$82,550
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Halifax, Halifax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24558 | $30,636 | $61,265 | $96,352 | $144,341 | $227,445 |
Source: Ownwell
Property Tax Bills Across Halifax, Halifax County, Virginia
In Halifax, VA, property tax bills are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined by the local assessor's office, which considers factors such as the property's market value, location, and any improvements made. The median home price in Halifax is $96,352, which influences the assessed value. Homeowners in Halifax typically face property tax bills ranging from $306 at the 25th percentile to $1,137 at the 90th percentile. The median tax bill stands at $482, significantly below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
For homeowners looking to reduce their property tax burden, Ownwell provides expert services in tax appeals and exemptions. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners secure fair assessments and potential savings. With a thorough understanding of local tax regulations, Ownwell is well-equipped to assist homeowners in Halifax in achieving lower property tax bills, ensuring they only pay their fair share.
Median Halifax Tax Bill
$482
Median Halifax County Tax Bill
$413
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Halifax, Halifax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24558 | $153 | $306 | $482 | $722 | $1,137 |
Source: Ownwell