Shenandoah County Property Taxes
The median property tax rate in Shenandoah County is 0.60%, which is notably lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Shenandoah County at $221,200, the typical annual property tax bill amounts to $1,318, significantly less than the national median of $2,690. Property taxes in Shenandoah County are determined 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 Shenandoah 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 Woodstock or another part of Shenandoah County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shenandoah County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$1,327
Ownwell’s Shenandoah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Shenandoah with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Shenandoah 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 Shenandoah County, Virginia
Property taxes in Shenandoah play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Shenandoah is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Shenandoah set these rates annually, and they can vary significantly between different areas within the county. Each year, Shenandoah 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 Shenandoah's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Basye has one of the higher property tax rates in Virginia at 0.60%, while also boasting one of the lowest at 0.60%. Analyzing how Shenandoah's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Shenandoah County Tax Rate
0.60%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shenandoah County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Basye | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Broadway | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Edinburg | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Fort Valley | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Lebanon Church | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Maurertown | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Middletown | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Mount Jackson | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| New Market | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Orkney Springs | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Quicksburg | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Star Tannery | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Strasburg | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Timberville | 0.51% | 0.60% | 0.60% | 0.60% | 0.60% |
| Toms Brook | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Woodstock | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Shenandoah County, Virginia
In Shenandoah 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 Shenandoah 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 Shenandoah 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. For instance, the median home price in the county is $221,200, with tax bills ranging from $949 at the 25th percentile to $2,369 at the 90th percentile. Middletown has the highest median tax bill at $1,588, while Orkney Springs has the lowest at $968. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Shenandoah County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Shenandoah County, Virginia
Source: Ownwell
$163,200
$218,250
$273,300
Average Shenandoah County Assessed Value
$221,200
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shenandoah County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Basye | $98,600 | $154,325 | $215,350 | $293,500 | $386,750 |
| Broadway | $76,800 | $125,300 | $187,400 | $259,600 | $363,400 |
| Edinburg | $96,120 | $156,825 | $215,300 | $297,550 | $421,010 |
| Fort Valley | $46,470 | $139,950 | $230,900 | $314,950 | $394,430 |
| Lebanon Church | $141,790 | $151,975 | $168,950 | $185,925 | $196,110 |
| Maurertown | $98,000 | $163,500 | $230,050 | $302,025 | $385,500 |
| Middletown | $93,900 | $161,800 | $264,700 | $283,400 | $368,580 |
| Mount Jackson | $95,000 | $143,200 | $194,000 | $257,725 | $358,300 |
| New Market | $85,860 | $139,450 | $199,100 | $291,300 | $387,020 |
| Orkney Springs | $62,400 | $113,250 | $163,200 | $207,150 | $338,700 |
| Quicksburg | $60,830 | $129,700 | $200,550 | $313,525 | $438,540 |
| Star Tannery | $125,000 | $184,775 | $247,800 | $331,225 | $412,000 |
| Strasburg | $136,000 | $180,000 | $233,800 | $296,450 | $396,860 |
| Timberville | $83,380 | $130,650 | $230,100 | $297,300 | $390,300 |
| Toms Brook | $117,600 | $176,600 | $226,400 | $310,650 | $409,900 |
| Woodstock | $122,300 | $172,200 | $234,200 | $310,200 | $408,020 |
Source: Ownwell
Property Tax Bills Across Shenandoah County, Virginia
In Shenandoah County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The assessed value reflects the market value of the property, and this figure is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Shenandoah County is $221,200, and the property tax rate is influenced by various factors, including local government budgets, school funding, and public services. Homeowners in Shenandoah County can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $949, while at the 75th percentile, it rises to $1766. The highest median tax bill in the county is found in Middletown at $1588, whereas Orkney Springs has the lowest at $968. These taxes fund essential services that benefit the community, such as schools, infrastructure, and emergency services, impacting the overall quality of life for residents.
Average Shenandoah County Tax Bill
$1,318
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Shenandoah County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Basye | $589 | $924 | $1,283 | $1,746 | $2,317 |
| Broadway | $461 | $752 | $1,124 | $1,480 | $2,180 |
| Edinburg | $525 | $934 | $1,276 | $1,775 | $2,507 |
| Fort Valley | $269 | $826 | $1,366 | $1,868 | $2,337 |
| Lebanon Church | $851 | $912 | $1,014 | $1,116 | $1,177 |
| Maurertown | $561 | $978 | $1,363 | $1,799 | $2,280 |
| Middletown | $563 | $971 | $1,588 | $1,700 | $2,211 |
| Mount Jackson | $535 | $852 | $1,155 | $1,535 | $2,093 |
| New Market | $501 | $832 | $1,192 | $1,729 | $2,307 |
| Orkney Springs | $374 | $680 | $968 | $1,243 | $2,032 |
| Quicksburg | $356 | $765 | $1,203 | $1,795 | $2,591 |
| Star Tannery | $750 | $1,086 | $1,482 | $1,987 | $2,472 |
| Strasburg | $812 | $1,075 | $1,400 | $1,769 | $2,368 |
| Timberville | $411 | $748 | $1,372 | $1,757 | $2,302 |
| Toms Brook | $688 | $1,059 | $1,353 | $1,851 | $2,458 |
| Woodstock | $719 | $1,028 | $1,395 | $1,844 | $2,439 |
Source: Ownwell