Afton, Nelson County, Virginia Property Taxes
Median Afton, VA effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Afton, VA home value: $193,000
Median annual Afton, VA tax bill: $1,150, $1,250 lower than the national median property tax bill of $2,400.
How are property taxes in Nelson calculated?
Property taxes in Afton, 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 Afton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Afton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Afton, Nelson County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$1,255
$1,164
Property Tax Rates Across Afton, Nelson County, Virginia
Local government entities in Virginia, such as those in Afton, set property tax rates that can vary significantly across the state. This variation occurs because each county, including Nelson County, determines its required budget annually to fund essential services. The total budget is then divided by the aggregate value of all taxable properties within the county, resulting in the property tax rate. This process, which involves votes and legislative measures, is a fundamental aspect of how tax rates and budgets are established each year.
In Afton, the effective property tax rate is a reflection of this process. When comparing Afton’s rate to other cities in Virginia, as well as the state and national medians, it becomes evident how local decisions impact property tax bills. The median property tax rate in Virginia is notably lower than the national median of 1.02%, highlighting the state's relatively lower property tax burden. This comparison underscores the importance of understanding local tax dynamics, as they directly influence the financial obligations of property owners in Afton and beyond.
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 Afton Tax Rate
0.65%
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 Nelson County Tax Rate
0.65%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Afton, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22920 | 0.47% | 0.65% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Afton, Nelson County, Virginia
When examining property taxes in Afton, Virginia, 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 Nelson 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 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 Nelson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Afton. For example, the median home price in Afton is $193,000, with tax bills ranging significantly across the county. Zip code 22920 has the highest median home price at $193,000.
Property Tax Assessment Values Across Afton, Nelson County, Virginia
Source: Ownwell
$40,000
$179,400
$318,800
Median Afton Market Value
$193,000
Median Nelson County Market Value
$144,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Afton, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22920 | $11,260 | $58,100 | $193,000 | $344,900 | $571,120 |
Source: Ownwell
Property Tax Bills Across Afton, Nelson County, Virginia
Median Afton Tax Bill
$1,150
Median Nelson County Tax Bill
$896
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Afton, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22920 | $52 | $286 | $1,150 | $2,095 | $3,357 |
Source: Ownwell