Northampton County Property Taxes
The median property tax rate in Northampton County is 0.76%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Northampton County, the typical annual property tax bill is $1,083, considerably less than the national median of $2,690. Property taxes in Northampton County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Northampton County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cape Charles or another part of Northampton County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Northampton County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$1,083
$1,005
Ownwell’s Northampton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Northampton with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Northampton to provide an accurate property tax bill estimate. This valuable tool helps you understand potential tax liabilities, ensuring you are well-prepared for any financial commitments. If you’re interested in city-level trends, scroll down to navigate to a more localized informational page. Your property’s assessed value is determined by Northampton County and takes into account any exemptions you may qualify for, offering a clear picture of your tax responsibilities.
Property Tax Rates Across Northampton County, Virginia
Property taxes in Northampton play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Northampton is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Northampton set these rates annually, and they can vary significantly between different areas within the county. Each year, Northampton 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 Northampton's effective property tax rate with the national median. For comparison, the city of Birdsnest has one of the higher property tax rates in Virginia at 0.76%, while the city of Birdsnest also boasts one of the lowest at 0.76%. Analyzing how Northampton's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Northampton County Tax Rate
0.76%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Northampton County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birdsnest | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Cape Charles | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Capeville | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Cheriton | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Eastville | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Exmore | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Franktown | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Jamesville | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Machipongo | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Nassawadox | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Willis Wharf | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Northampton County, Virginia
In Northampton County, 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 Northampton County 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 Northampton County 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. For instance, in Northampton County, the city of Jamesville has the highest median tax bill at $4,776, while Birds Nest has the lowest at $463. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Northampton County, Virginia
Source: Ownwell
$60,900
$344,650
$628,400
Average Northampton County Assessed Value
$142,500
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Northampton County, Virginia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birdsnest | $15,660 | $34,100 | $60,900 | $107,400 | $185,080 |
Cape Charles | $40,200 | $75,800 | $192,400 | $405,400 | $580,980 |
Capeville | $497,600 | $497,600 | $497,600 | $497,600 | $497,600 |
Cheriton | $97,600 | $97,600 | $97,600 | $97,600 | $97,600 |
Eastville | $304,500 | $405,900 | $574,900 | $598,700 | $612,980 |
Exmore | $32,670 | $58,775 | $104,600 | $210,750 | $396,730 |
Franktown | $42,300 | $133,600 | $273,100 | $456,600 | $629,900 |
Jamesville | $271,000 | $325,000 | $628,400 | $706,200 | $799,980 |
Machipongo | $40,580 | $83,350 | $223,000 | $368,800 | $589,900 |
Nassawadox | $38,770 | $59,900 | $98,550 | $146,950 | $212,920 |
Willis Wharf | $177,900 | $177,900 | $177,900 | $177,900 | $177,900 |
Source: Ownwell
Property Tax Bills Across Northampton County, Virginia
In Northampton County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the county's tax rate to arrive at the annual tax bill. Several factors influence the assessed value, including the property's location, size, and market conditions. For instance, the median home price in Northampton County is $142,500, which plays a significant role in the tax calculation. Homeowners in Northampton County experience a range of property tax bills. The 25th percentile tax bill is $496, while the 75th percentile reaches $2,573, and the 90th percentile climbs to $3,977. These variations highlight how different property values and tax rates impact homeowners. Notably, the highest median tax bill in the region is $4,776 in Jamesville, whereas the lowest is $463 in Birdsnest. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Northampton County Tax Bill
$1,083
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Northampton County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birdsnest | $119 | $259 | $463 | $816 | $1,407 |
Cape Charles | $306 | $576 | $1,462 | $3,081 | $4,415 |
Capeville | $3,782 | $3,782 | $3,782 | $3,782 | $3,782 |
Cheriton | $742 | $742 | $742 | $742 | $742 |
Eastville | $2,314 | $3,085 | $4,369 | $4,550 | $4,659 |
Exmore | $248 | $447 | $795 | $1,602 | $3,015 |
Franktown | $321 | $1,015 | $2,076 | $3,470 | $4,787 |
Jamesville | $2,060 | $2,470 | $4,776 | $5,367 | $6,080 |
Machipongo | $308 | $633 | $1,695 | $2,803 | $4,483 |
Nassawadox | $295 | $455 | $749 | $1,117 | $1,618 |
Willis Wharf | $1,352 | $1,352 | $1,352 | $1,352 | $1,352 |
Source: Ownwell