Yorktown, York County, Virginia Property Taxes
Median Yorktown, VA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Yorktown, VA home value: $335,900
Median annual Yorktown, VA tax bill: $2,586, $186 higher than the national median property tax bill of $2,400.
How are property taxes in York County calculated?
Property taxes in Yorktown, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Yorktown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yorktown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Yorktown, York County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$2,586
$2,400
Property Tax Rates Across Yorktown, York County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Yorktown’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
In Yorktown, located in York County, the property tax rate is 0.77%, which is notably lower than the national median property tax rate of 1.02%. This means that homeowners in Yorktown generally pay less in property taxes compared to the national average. The median property tax rate in Virginia is also 0.77%, aligning with Yorktown's rate, which suggests a consistent tax environment across the state. For residents, this can translate into significant savings annually when compared to other regions with higher tax rates. Understanding these rates is crucial for homeowners looking to manage their expenses wisely.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Yorktown Tax Rate
0.77%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective York County Tax Rate
0.77%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Yorktown, York County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23690 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| 23692 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| 23693 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Yorktown, York County, Virginia
When examining property taxes in Yorktown, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The York County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In York County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Yorktown. For example, the median home price in Yorktown is $335,900, with tax bills ranging significantly across the county. Zip code 23693 has the highest median home price at $379,700.
Property Tax Assessment Values Across Yorktown, York County, Virginia
Source: Ownwell
$255,100
$317,400
$379,700
Median Yorktown Market Value
$335,900
Median York County Market Value
$318,500
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Yorktown, York County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23690 | $138,530 | $196,550 | $255,100 | $334,125 | $403,470 |
| 23692 | $191,800 | $243,000 | $310,450 | $379,100 | $463,000 |
| 23693 | $209,330 | $275,675 | $379,700 | $457,700 | $542,400 |
Source: Ownwell
Property Tax Bills Across Yorktown, York County, Virginia
Median Yorktown Tax Bill
$2,586
Median York County Tax Bill
$2,452
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Yorktown, York County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23690 | $1,066 | $1,497 | $1,958 | $2,549 | $3,081 |
| 23692 | $1,477 | $1,871 | $2,390 | $2,919 | $3,565 |
| 23693 | $1,611 | $2,128 | $2,924 | $3,522 | $4,177 |
Source: Ownwell