Nelson County, Virginia Property Taxes
The median property tax rate in Nelson County is 0.65%, which is notably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $144,600 in Nelson County, the typical annual property tax bill amounts to $896, significantly less than the national median of $2,690. Property taxes in Nelson County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Nelson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Lovingston or another part of Nelson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nelson County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$940
$872
Ownwell’s Nelson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nelson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nelson County 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 Nelson County, Virginia
Property taxes in Nelson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nelson County is 0.65%, which is lower than the U.S. national median of 0.99%. Local government entities within Nelson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nelson 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 Nelson County's effective property tax rate with other counties and the national median. For comparison, the city of Vesuvius has one of the higher property tax rates in the region at 0.65%, while the city of Afton boasts one of the lowest at 0.65%. Analyzing how Nelson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nelson County Tax Rate
0.65%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nelson County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | 0.47% | 0.65% | 0.65% | 0.65% | 0.65% |
| Amherst | 0.45% | 0.65% | 0.65% | 0.65% | 0.65% |
| Arrington | 0.50% | 0.65% | 0.65% | 0.65% | 0.65% |
| Faber | 0.39% | 0.65% | 0.65% | 0.65% | 0.65% |
| Gladstone | 0.65% | 0.65% | 0.65% | 0.65% | 0.69% |
| Howardsville | 0.58% | 0.65% | 0.65% | 0.65% | 0.65% |
| Lovingston | 0.33% | 0.65% | 0.65% | 0.65% | 0.65% |
| Lowesville | N/A | N/A | N/A | N/A | N/A |
| Lyndhurst | 0.23% | 0.38% | 0.65% | 0.65% | 0.65% |
| Massies Mill | 0.33% | 0.60% | 0.65% | 0.65% | 0.65% |
| Montebello | 0.26% | 0.65% | 0.65% | 0.65% | 0.65% |
| Nellysford | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
| Norwood | 0.33% | 0.65% | 0.65% | 0.65% | 0.69% |
| Piney River | 0.46% | 0.65% | 0.65% | 0.65% | 0.65% |
| Roseland | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
| Schuyler | 0.65% | 0.65% | 0.65% | 0.65% | 0.69% |
| Shipman | 0.48% | 0.65% | 0.65% | 0.65% | 0.65% |
| Tyro | 0.20% | 0.65% | 0.65% | 0.65% | 0.65% |
| Vesuvius | 0.17% | 0.65% | 0.65% | 0.65% | 0.65% |
| Wingina | 0.27% | 0.65% | 0.65% | 0.65% | 0.69% |
| Wintergreen | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
| Wintergreen Resort | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Nelson County, Virginia
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Nelson. 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 Nelson 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 Nelson 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. The highest median tax bill in Nelson is $2,709 in Wintergreen, while the lowest median tax bill is $260 in Wintergreen Resort. Being aware of these valuation processes in Nelson will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Nelson County Assessed Value
$144,600
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nelson County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $11,260 | $58,100 | $193,000 | $344,900 | $571,120 |
| Amherst | $24,180 | $36,000 | $110,000 | $237,300 | $389,160 |
| Arrington | $10,000 | $24,000 | $91,900 | $192,625 | $309,920 |
| Faber | $22,110 | $46,000 | $156,500 | $312,275 | $482,430 |
| Gladstone | $10,500 | $21,075 | $54,400 | $137,025 | $253,350 |
| Howardsville | $20,670 | $28,450 | $47,300 | $196,375 | $336,380 |
| Lovingston | $10,000 | $40,350 | $164,600 | $287,350 | $465,240 |
| Lowesville | N/A | N/A | N/A | N/A | N/A |
| Lyndhurst | $36,000 | $51,850 | $123,550 | $312,000 | $552,050 |
| Massies Mill | $13,300 | $68,150 | $167,800 | $325,500 | $483,960 |
| Montebello | $23,040 | $48,900 | $136,400 | $302,400 | $456,440 |
| Nellysford | $40,000 | $70,000 | $318,800 | $486,850 | $627,060 |
| Norwood | $7,800 | $16,750 | $123,000 | $199,750 | $953,320 |
| Piney River | $4,000 | $23,800 | $83,400 | $173,600 | $299,100 |
| Roseland | $35,000 | $108,500 | $246,200 | $401,850 | $590,310 |
| Schuyler | $12,000 | $25,800 | $84,200 | $164,350 | $282,540 |
| Shipman | $9,000 | $26,200 | $94,000 | $206,000 | $354,160 |
| Tyro | $15,720 | $44,700 | $98,700 | $209,700 | $347,860 |
| Vesuvius | $60,350 | $139,775 | $243,150 | $310,150 | $424,150 |
| Wingina | $7,900 | $15,200 | $77,000 | $165,600 | $391,640 |
| Wintergreen | $47,500 | $62,500 | $316,000 | $634,800 | $744,040 |
| Wintergreen Resort | $20,000 | $30,000 | $40,000 | $63,750 | $130,000 |
Source: Ownwell
Property Tax Bills Across Nelson County, Virginia
In Nelson County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors influencing the assessed value include the home's market value, location, and any improvements or modifications made to the property. For homeowners in Nelson County, property tax bills can vary significantly. The median home price in the county is $144,600. Tax bills range widely, with the 25th percentile at $244 and the 75th percentile at $1,963. The 90th percentile tax bill can reach up to $3,083, highlighting the variability based on property value and location within the county. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand how their local tax rate and assessed property value impact their overall tax obligation.
Average Nelson County Tax Bill
$896
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Nelson County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $52 | $286 | $1,150 | $2,095 | $3,357 |
| Amherst | $119 | $233 | $673 | $1,496 | $2,166 |
| Arrington | $55 | $143 | $536 | $1,185 | $1,867 |
| Faber | $92 | $261 | $947 | $1,861 | $2,579 |
| Gladstone | $64 | $136 | $336 | $871 | $1,416 |
| Howardsville | $118 | $162 | $281 | $1,145 | $2,097 |
| Lovingston | $44 | $223 | $981 | $1,654 | $2,469 |
| Lowesville | N/A | N/A | N/A | N/A | N/A |
| Lyndhurst | $176 | $310 | $736 | $1,608 | $2,221 |
| Massies Mill | $56 | $265 | $1,004 | $1,493 | $2,402 |
| Montebello | $124 | $287 | $722 | $1,586 | $2,252 |
| Nellysford | $221 | $440 | $2,023 | $3,102 | $4,030 |
| Norwood | $51 | $112 | $479 | $1,335 | $2,714 |
| Piney River | $24 | $131 | $493 | $1,107 | $1,580 |
| Roseland | $195 | $677 | $1,511 | $2,527 | $3,655 |
| Schuyler | $71 | $162 | $523 | $1,010 | $1,782 |
| Shipman | $45 | $154 | $557 | $1,278 | $2,095 |
| Tyro | $42 | $211 | $560 | $1,185 | $2,086 |
| Vesuvius | $173 | $804 | $1,440 | $1,963 | $2,417 |
| Wingina | $28 | $91 | $382 | $1,069 | $1,979 |
| Wintergreen | $309 | $406 | $2,709 | $4,126 | $4,836 |
| Wintergreen Resort | $130 | $195 | $260 | $422 | $912 |
Source: Ownwell