Page County, Virginia Property Taxes
The median property tax rate in Page County is 0.73%, which is lower than both the national median of 0.99% and Virginia's state median of 0.89%. With a median home value of $161,600 in Page County, the typical annual property tax bill amounts to $1,133, significantly below the national median of $2,690. Property taxes in Page County are based on the tax assessed value, which is often less than the actual market value due to various exemptions, such as those for primary residences and agricultural land. Understanding the specifics of Page County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you're residing in Luray or another area within Page County, having a thorough grasp of local property taxes can be highly beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Page County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,180
$1,095
Ownwell’s Page County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Page County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Page 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 Page County, Virginia
Property taxes in Page County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Page County is 0.73%, which is lower than the U.S. national median of 0.99%. Local government entities within Page County set these rates annually, and they can vary significantly between different areas within the county. Each year, Page 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. For comparison, the city of Bentonville has a median property tax rate of 0.73%, illustrating that Page County's tax rates are competitive within the region. Analyzing how Page County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Page County Tax Rate
0.73%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Page County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bentonville | N/A | N/A | N/A | N/A | N/A |
| Elkton | 0.25% | 0.72% | 0.73% | 0.73% | 0.73% |
| Fort Valley | N/A | N/A | N/A | N/A | N/A |
| Luray | 0.63% | 0.73% | 0.73% | 0.73% | 0.73% |
| Rileyville | 0.51% | 0.73% | 0.73% | 0.73% | 0.73% |
| Shenandoah | 0.70% | 0.73% | 0.73% | 0.73% | 0.73% |
| Stanley | 0.67% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Page County, Virginia
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Page County, Virginia. 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 Page 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 Page 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, Fort Valley has the highest median tax bill at $2,846, while Elkton has the lowest at $836. Being aware of these valuation processes in Page County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Page County Assessed Value
$161,600
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Page County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bentonville | N/A | N/A | N/A | N/A | N/A |
| Elkton | $34,040 | $62,875 | $126,800 | $209,900 | $310,560 |
| Fort Valley | N/A | N/A | N/A | N/A | N/A |
| Luray | $80,210 | $121,500 | $171,600 | $242,400 | $337,200 |
| Rileyville | $59,360 | $106,100 | $167,200 | $245,600 | $350,440 |
| Shenandoah | $65,540 | $109,675 | $151,050 | $204,500 | $267,720 |
| Stanley | $47,100 | $96,300 | $151,000 | $217,700 | $301,400 |
Source: Ownwell
Property Tax Bills Across Page County, Virginia
In Page County, VA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessment office, which evaluates the property's market value. Homeowners then pay taxes based on this assessed value multiplied by the local tax rate. Several factors influence the tax bill, including property size, location, and market conditions. For instance, the median home price in Page County is $161,600. Tax bills can vary significantly, with the 25th percentile at $753 and the 75th percentile at $1,604, showcasing the range of tax burdens homeowners might face. The highest median tax bill in the region is $2,846 in Fort Valley, while the lowest is $836 in Elkton. Compared to the national median property tax rate of 0.99%, Page County's rates reflect local economic conditions and property values, directly impacting homeowners' financial responsibilities.
Average Page County Tax Bill
$1,133
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Page County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bentonville | N/A | N/A | N/A | N/A | N/A |
| Elkton | $152 | $334 | $836 | $1,382 | $2,057 |
| Fort Valley | N/A | N/A | N/A | N/A | N/A |
| Luray | $423 | $838 | $1,197 | $1,707 | $2,352 |
| Rileyville | $255 | $697 | $1,189 | $1,749 | $2,348 |
| Shenandoah | $379 | $746 | $1,051 | $1,464 | $1,923 |
| Stanley | $299 | $654 | $1,050 | $1,551 | $2,100 |
Source: Ownwell