Quicksburg, Virginia Property Taxes
The median property tax rate in Quicksburg, VA is 0.60%, significantly lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $200,550 in Quicksburg, the typical annual property tax bill amounts to $1,203, well below the national median of $2,690. Property taxes in Quicksburg are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Quicksburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Quicksburg or another part of Shenandoah County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Quicksburg, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$1,203
$1,117
Ownwell’s Quicksburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Quicksburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Quicksburg to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Quicksburg, Virginia
Property taxes in Quicksburg, Virginia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Quicksburg is 0.60%, which is lower than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within Quicksburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quicksburg estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Quicksburg's effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 22847 has both the highest and lowest median property tax rate of 0.60%. Understanding how these cities compare with Quicksburg provides valuable insights into the varying tax landscape across Shenandoah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Quicksburg Tax Rate
0.60%
Average Shenandoah County Tax Rate
0.60%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quicksburg, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22847 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Quicksburg, Virginia
In Quicksburg, Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Shenandoah County Appraisal District for tax purposes. In contrast, the assessed value 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. In Quicksburg, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Quicksburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 22847, with a median tax bill of $1,203.
Average Quicksburg Assessed Value
$200,550
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 Quicksburg, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22847 | $60,830 | $129,700 | $200,550 | $313,525 | $438,540 |
Source: Ownwell
Property Tax Bills Across Quicksburg, Virginia
In Quicksburg, Shenandoah County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $200,550, homeowners can expect varying tax bills. The 25th percentile tax bill is around $765, while the 75th percentile reaches up to $1,795. At the 90th percentile, the tax bill can be as high as $2,591. Several factors influence the assessed value, including the property's location, size, and condition. Local tax rates also play a significant role and can vary within different areas of the county. Homeowners in Quicksburg may find their tax bills higher or lower than the national median property tax rate of 0.99%, depending on these assessments and local rates. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Quicksburg Tax Bill
$1,203
Average Shenandoah County Tax Bill
$1,318
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Quicksburg, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22847 | $356 | $765 | $1,203 | $1,795 | $2,591 |
Source: Ownwell