Property Taxes in Gladstone, Virginia
Median Gladstone, Virginia effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Gladstone, Virginia home value: $100,150
Median annual Gladstone, Virginia tax bill: $569, $1,831 lower than the national median property tax bill of $2,400.
How are property taxes in Amherst calculated?
Property taxes in Gladstone, 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 Gladstone's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gladstone, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Gladstone Property Tax Calculator Work?
Use this Gladstone property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gladstone's median effective tax rate of 0.61% — based on actual property records in Amherst 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 Gladstone'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 Gladstone: rates range from 0.61% in 24553 to 0.61% in 24553, 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 Gladstone.
About Gladstone Property Taxes
About Property Taxes in Gladstone, Amherst, Virginia
Gladstone’s median effective property tax rate of 0.61% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Amherst 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 Gladstone. Homeowners in ZIP code 24553 carry a median effective rate of 0.61%, while those in the same ZIP code also pay 0.61%. This means the rate spread is 0.00 percentage points across the city, reflecting how local districts are drawn across Amherst County.
Gladstone homeowners who believe their assessed value is too high can file a formal appeal with the 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 Gladstone, Amherst 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 Gladstone'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 Gladstone Tax Rate
0.61%
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 Amherst County Tax Rate
0.61%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Gladstone, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | 0.35% | 0.61% | 0.61% | 0.61% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Gladstone, Amherst County, Virginia
When examining property taxes in Gladstone, 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 Amherst 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 Amherst County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Gladstone.
For example, the median home price in Gladstone is $100,150, with tax bills ranging significantly across the county. 24553 has the highest median home price at $100,150.
Property Tax Assessment Values Across Gladstone, Amherst County, Virginia
Source: Ownwell
$77,450
$125,825
$174,200
Median Gladstone Market Value
$100,150
Median Amherst County Market Value
$131,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Gladstone, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | $29,710 | $56,425 | $100,150 | $163,125 | $298,730 |
Source: Ownwell
Property Tax Bills Across Gladstone, Amherst County, Virginia
Gladstone property tax bills are based on the assessed value of a home and the local tax rate set for Amherst County. The assessed value is compared with the market value of the property, and that figure is used to calculate the tax bill. For homeowners, this means that a higher assessed value usually leads to a higher bill, while a lower assessed value can reduce what is owed.
In Gladstone, the median home price is $100,150, and the median property tax bill is $569.00 in ZIP code 24553. That is well below the national median property tax bill of $2,400 and far under the national median property tax rate of 1.02%. Bills can still vary based on home value, exemptions, and local tax rates, which is why some homeowners pay more or less than the median.
Median Gladstone Tax Bill
$569
Median Amherst County Tax Bill
$773
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Gladstone, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | $146 | $302 | $569 | $911 | $1,395 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 10 |
Links | |
|---|---|
| Amherst Tax Assessor | |
| Website | www.countyofamherst.com |