Property Taxes in Assawoman, Virginia
Median Assawoman, Virginia effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Assawoman, Virginia home value: $115,650
Median annual Assawoman, Virginia tax bill: $560, $1,840 lower than the national median property tax bill of $2,400.
How are property taxes in Accomack calculated?
Property taxes in Assawoman, Virginia 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 Assawoman's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Assawoman, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Assawoman Property Tax Calculator Work?
Use this Assawoman property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Assawoman's median effective tax rate of 0.48% — based on actual property records in Accomack County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Assawoman's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Assawoman: rates range from 0.48% in 23302 to 0.48% in 23302, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Assawoman.
About Assawoman Property Taxes
About Property Taxes in Assawoman, Accomack, Virginia
Assawoman's median effective property tax rate of 0.48% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Accomack County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Assawoman. Homeowners in the 23302 ZIP code carry a median effective rate of 0.48%, while those in 23302 pay 0.48%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Accomack County. Understanding which part of Assawoman you live in can make a meaningful difference to your annual tax bill.
Assawoman homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Assawoman, Accomack 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 Assawoman's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Assawoman Tax Rate
0.48%
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 Accomack County Tax Rate
0.48%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Assawoman, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23302 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Assawoman, Accomack County, Virginia
When examining property taxes in Assawoman, Virginia, 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 Accomack 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.
Assessment notices:
In Accomack County, assessment notices are sent in February each year. They'll typically reach your mailbox by the middle of February.
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. For Assawoman, the median home price is $115,650, with tax bills ranging from $254 at the 25th percentile to $1,409 at the 90th percentile. The median tax bill is $560, well below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Assawoman, Accomack County, Virginia
Source: Ownwell
$28,700
$160,150
$291,600
Median Assawoman Market Value
$115,650
Median Accomack County Market Value
$144,300
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Assawoman, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23302 | $25,700 | $52,450 | $115,650 | $215,475 | $291,200 |
Source: Ownwell
Property Tax Bills Across Assawoman, Accomack County, Virginia
ASSAWOMAN property tax bills are based on the assessed value of a home, which is then multiplied by the local tax rate set for the area. For homeowners in this city, the bill is shaped by the market value of the property, local assessment practices, and any exemptions or special rules that may apply. With a median home price of $115,650, the tax burden can vary depending on how a home is valued relative to others nearby.
Property tax bills in this area are often modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $254, while the 75th percentile is $1,043 and the 90th percentile is $1,409. The highest and lowest median tax bill both sit at $560 in ZIP code 23302. For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessed values rise faster than expected.
Median Assawoman Tax Bill
$560
Median Accomack County Tax Bill
$687
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Assawoman, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23302 | $124 | $254 | $560 | $1,043 | $1,409 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Accomack Tax Assessor | |
| Website | parcelviewer.geodecisions.com |