Property Taxes in Onancock, Virginia
Median Onancock, 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 Onancock, Virginia home value: $197,250
Median annual Onancock, Virginia tax bill: $955, $1,445 lower than the national median property tax bill of $2,400.
How are property taxes in Accomack calculated?
Property taxes in Onancock, 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 Onancock's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Onancock, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Onancock Property Tax Calculator Work?
Use this Onancock property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Onancock'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 assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Onancock'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 Onancock: rates range from 0.48% in 23417 to 0.48% in 23417, 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 Onancock.
About Onancock Property Taxes
About Property Taxes in Onancock, Accomack, Virginia
Onancock'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 Onancock. Homeowners in the 23417 ZIP code carry a median effective rate of 0.48%, while those in the lowest ZIP code pay 0.48%. This spread reflects how school district boundaries and local assessment districts are drawn across Accomack County. Understanding which part of Onancock you live in can make a meaningful difference to your annual tax bill.
Onancock 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 Onancock, 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 Onancock'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 Onancock 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 Onancock, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23417 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Onancock, Accomack County, Virginia
When examining property taxes in Onancock, 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 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 the spring 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. 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 Onancock.
For example, the median home price in Onancock is $197,250, with tax bills ranging significantly across the county. 23417 has the highest median home price at $197,250.
Property Tax Assessment Values Across Onancock, Accomack County, Virginia
Source: Ownwell
$28,700
$160,150
$291,600
Median Onancock Market Value
$197,250
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 Onancock, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23417 | $39,500 | $100,650 | $197,250 | $313,325 | $463,350 |
Source: Ownwell
Property Tax Bills Across Onancock, Accomack County, Virginia
Property tax bills in Onancock are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on what the property is worth for tax purposes, not what a homeowner originally paid for it. Factors such as location, size, condition, and comparable sales can influence that value, which then determines the final bill.
With a median home price of $197,250, homeowners in this city can see property tax bills vary widely depending on how their property is assessed. The 25th percentile tax bill is $483, while the 75th percentile reaches $1,516 and the 90th percentile is $2,243. That range shows how much the tax burden can differ from one homeowner to another.
For many homeowners, property taxes are a major part of annual housing costs and can affect monthly budgets and long-term affordability. In Accomack County, understanding how the bill is calculated is important because even small changes in assessed value can lead to noticeable differences in what is owed.
Median Onancock Tax Bill
$955
Median Accomack County Tax Bill
$687
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Onancock, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23417 | $191 | $483 | $955 | $1,516 | $2,243 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Accomack Tax Assessor | |
| Website | parcelviewer.geodecisions.com |