Painter, Accomack County, Virginia Property Taxes

Name: Property Tax Bills Across Painter, Accomack County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median PAINTER, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median PAINTER, VA home value: $83,200
Median annual PAINTER, VA tax bill: $495, $1,905 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

Property taxes in PAINTER, 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 PAINTER’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PAINTER, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Painter, Accomack County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$499

$463

Ownwell’s Painter Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Painter with just two data points. By entering your property's estimated assessed value, our calculator applies Painter’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Accomack County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Painter, Accomack County, Virginia

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 Painter’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Virginia's median property tax rate is notably lower than the national median of 1.02%. Painter, located in Accomack County, reflects this trend with a rate that aligns with the state's median. This can be particularly appealing for property owners seeking lower property tax burdens compared to the national average. Understanding these rates and how they compare can empower you to make informed decisions about property investments and financial planning. By considering both local and national contexts, homeowners and potential buyers can better navigate the complexities of property taxation.

Property Tax Rates Across Painter, Accomack County, Virginia

Source: Ownwell

0.47%

0.54%

0.62%

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 Painter Tax Rate

0.60%

Median Effective Accomack County Tax Rate

0.60%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Painter, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23420	0.60%	0.60%	0.60%	0.60%	0.60%

Source: Ownwell

Property Tax Assessment Values Across Painter, Accomack County, Virginia

When examining property taxes in Painter, 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 the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Painter.

For example, the median home price in Painter is $83,200, with tax bills ranging significantly across the county. Zip code 23420 has the highest median home price at $83,200.

Property Tax Assessment Values Across Painter, Accomack County, Virginia

Source: Ownwell

$20,200

$116,150

$212,100

Median Painter Market Value

$83,200

Median Accomack County Market Value

$110,500

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Painter, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23420	$20,400	$37,900	$83,200	$150,600	$254,100

Source: Ownwell

Property Tax Bills Across Painter, Accomack County, Virginia

In Painter, Accomack County, VA, property tax bills are calculated based on the assessed value of a home. This assessed value, determined by the local tax assessor, is then multiplied by the local tax rate to calculate the annual tax bill. With a median home price of $83,200, homeowners in Painter face a median property tax bill of $495, which is significantly below the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $226 and the 90th percentile reaching $1,512. Factors influencing these variations include property size, location within the county, and any applicable exemptions or assessments. High property taxes can strain homeowners, affecting affordability and budgeting. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By leveraging expertise and local knowledge, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share and alleviating financial burdens.

Property Tax Bills Across Painter, Accomack County, Virginia

Source: Ownwell

$120

$718

$1,315

Median Painter Tax Bill

$495

Median Accomack County Tax Bill

$645

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Painter, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23420	$121	$226	$495	$896	$1,512

Source: Ownwell