Schuyler, Nelson County, Virginia Property Taxes
Median Schuyler, 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 Schuyler, VA home value: $84,200 Median annual Schuyler, VA tax bill: $523, $1,877 lower than the national median property tax bill of $2,400.
How are property taxes in Nelson County calculated? Property taxes in Schuyler, 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 Schuyler’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Schuyler, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Schuyler, 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
$547
$508
Ownwell’s Schuyler Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Schuyler with just two data points.
By entering your property's estimated assessed value, our calculator applies Schuyler’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Nelson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Schuyler, Nelson County, Virginia
Local government entities set property tax rates, which can vary significantly even within a single state. This variance arises because each county annually estimates the budget needed to provide essential services and divides this amount by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this calculation is at the core of the process.
In Schuyler, located in Nelson County, VA, the effective property tax rate stands at 0.65%, which is notably lower than the national median property tax rate of 1.02%. This rate places Schuyler among the regions with the lowest property tax rates in Virginia, offering a more favorable tax environment compared to other parts of the state and the nation. For property owners in Schuyler, this means enjoying a reduced tax burden, making it an attractive location for both residential and investment properties. By understanding these rates, property owners can better navigate their tax responsibilities and potentially save on their property tax bills.
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 Schuyler 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 Schuyler, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22969 | 0.65% | 0.65% | 0.65% | 0.65% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Schuyler, Nelson County, Virginia
When examining property taxes in Schuyler, 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 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 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.
Assessment notices: Nelson County sends assessment notices in the spring each year, typically reaching 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 Schuyler.
For example, the median home price in Schuyler is $84,200, with tax bills ranging significantly across the county. Zip code 22969 has the highest median home price at $84,200.
Property Tax Assessment Values Across Schuyler, Nelson County, Virginia
Source: Ownwell
$40,000
$179,400
$318,800
Median Schuyler Market Value
$84,200
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 Schuyler, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22969 | $12,000 | $25,800 | $84,200 | $164,350 | $282,540 |
Source: Ownwell
Property Tax Bills Across Schuyler, Nelson County, Virginia
Median Schuyler Tax Bill
$523
Median Nelson County Tax Bill
$896
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Schuyler, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22969 | $71 | $162 | $523 | $1,010 | $1,782 |
Source: Ownwell