North Garden, Albemarle County, Virginia Property Taxes
- Median North Garden, VA effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
- Median North Garden, VA home value: $366,700
- Median annual North Garden, VA tax bill: $2,936, $536 higher than the national median property tax bill of $2,400.
How are property taxes in Albemarle calculated?
Property taxes in North Garden, 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 North Garden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Garden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
North Garden, Albemarle County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$3,117
$2,892
Property Tax Rates Across North Garden, Albemarle County, Virginia
Local government entities are responsible for setting tax rates, which can differ significantly across a state. Each year, counties determine their necessary budget to fund public services and divide this by the total value of all taxable properties within the area. This calculation determines the property tax rate. While the process involves votes and legislation, this is the basic annual procedure.
Comparing North Garden’s effective property tax rate to other cities in Virginia reveals some insights. North Garden, located in Albemarle County, has a median property tax rate of 0.85%, which is below the national median of 1.02%. This means residents typically pay less in property taxes compared to the average U.S. homeowner. The property tax rate in North Garden is consistent with the highest and lowest median tax rates in the area, both recorded at 0.85% in the 22959 zip code. This consistency suggests a stable tax environment for property owners in North Garden, making it an attractive option for those looking to manage their property tax expenses effectively.
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 North Garden Tax Rate
0.85%
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 Albemarle County Tax Rate
0.85%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across North Garden, Albemarle County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22959 | 0.50% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across North Garden, Albemarle County, Virginia
When examining property taxes in North Garden, 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 Albemarle 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 Albemarle 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 North Garden.
For example, the median home price in North Garden is $366,700, with tax bills ranging significantly across the county. Zip code 22959 has the highest median home price at $366,700.
Property Tax Assessment Values Across North Garden, Albemarle County, Virginia
Source: Ownwell
$196,950
$442,825
$688,700
Median North Garden Market Value
$366,700
Median Albemarle County Market Value
$433,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across North Garden, Albemarle County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22959 | $133,700 | $211,900 | $366,700 | $641,200 | $1,249,800 |
Source: Ownwell
Property Tax Bills Across North Garden, Albemarle County, Virginia
Median North Garden Tax Bill
$2,936
Median Albemarle County Tax Bill
$3,602
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across North Garden, Albemarle County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22959 | $1,015 | $1,674 | $2,936 | $4,771 | $9,235 |
Source: Ownwell