York County, Virginia Property Taxes
The median property tax rate in York County is 0.77%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. With a median home value of $318,500 in York County, the typical annual property tax bill amounts to $2,452, which is below the national median of $2,690. Property taxes in York County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding York 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 Yorktown or another part of York County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
York County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$2,452
$2,276
Ownwell’s York County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in York County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in York 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 York County, Virginia
Property taxes in York County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in York County is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within York County set these rates annually, and they can vary significantly between different areas within the county. Each year, York 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. The following data compares York County's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of Newport News has one of the higher property tax rates in Virginia at 0.77%, while the city of Newport News also has one of the lowest at 0.77%. Analyzing how York County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average York County Tax Rate
0.77%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across York County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Newport News | N/A | N/A | N/A | N/A | N/A |
| Seaford | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Williamsburg | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Yorktown | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across York County, Virginia
In York 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 York 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 York 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. Yorktown has the highest median tax bill at $2,586, while Newport News has the lowest at $1,214. Being aware of these valuation processes in York County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average York County Assessed Value
$318,500
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across York County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Newport News | N/A | N/A | N/A | N/A | N/A |
| Seaford | $198,460 | $244,850 | $293,100 | $377,000 | $460,540 |
| Williamsburg | $148,400 | $215,000 | $288,100 | $345,500 | $444,320 |
| Yorktown | $194,900 | $248,900 | $335,900 | $421,900 | $511,100 |
Source: Ownwell
Property Tax Bills Across York County, Virginia
In York County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value to determine the annual property tax bill. Factors influencing the assessed value include the property's location, size, and market conditions. Homeowners in York County can expect a median property tax bill of around $2,586, which is significantly higher than the national median property tax rate of 0.99%. For those in the 25th percentile, the tax bill is approximately $1,866, while it rises to $3,126 at the 75th percentile and $3,812 at the 90th percentile. This variation reflects differences in property values and the specific characteristics of each home. High property taxes can impact homeowners by increasing their monthly housing costs, but they also contribute to local services and infrastructure, enhancing the community's overall quality of life.
Average York County Tax Bill
$2,452
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across York County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Newport News | N/A | N/A | N/A | N/A | N/A |
| Seaford | $1,528 | $1,885 | $2,255 | $2,899 | $3,543 |
| Williamsburg | $1,143 | $1,656 | $2,217 | $2,655 | $3,421 |
| Yorktown | $1,499 | $1,917 | $2,586 | $3,247 | $3,932 |
Source: Ownwell