Vesuvius, Amherst County, Virginia Property Taxes
Median Vesuvius, VA effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Vesuvius, VA home value: $164,050
Median annual Vesuvius, VA tax bill: $842, $1,558 lower than the national median property tax bill of $2,400.
How are property taxes in Amherst calculated?
Property taxes in Vesuvius, 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 Vesuvius’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vesuvius, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vesuvius, Amherst County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$1,063
$986
Property Tax Rates Across Vesuvius, Amherst County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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 Vesuvius’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
In Vesuvius, located in Amherst County, the property tax rate stands at 0.61%. This rate is notably below the national median property tax rate of 1.02%. The consistency of the tax rate across the region, as seen in the zip code 24483, reflects a stable fiscal approach by the local government. With the national median property tax bill at $2400, Vesuvius offers a more affordable choice for property owners. This favorable tax climate can make Vesuvius an attractive option for those seeking lower property tax burdens while still enjoying the amenities and services provided by the county.
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 Vesuvius 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
1.02%
Property Tax Rates Across Vesuvius, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24483 | 0.25% | 0.38% | 0.61% | 0.61% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Vesuvius, Amherst County, Virginia
When examining property taxes in Vesuvius, 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.
In Amherst County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Vesuvius.
For example, the median home price in Vesuvius is $164,050, with tax bills ranging significantly across the county. Zip code 24483 has the highest median home price at $164,050.
Property Tax Assessment Values Across Vesuvius, Amherst County, Virginia
Source: Ownwell
$77,450
$125,825
$174,200
Median Vesuvius Market Value
$174,200
Median Amherst County Market Value
$131,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vesuvius, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24483 | $50,740 | $84,100 | $174,200 | $285,350 | $425,420 |
Source: Ownwell
Property Tax Bills Across Vesuvius, Amherst County, Virginia
Median Vesuvius Tax Bill
$785
Median Amherst County Tax Bill
$773
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Vesuvius, Amherst County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24483 | $246 | $428 | $785 | $1,282 | $1,846 |
Source: Ownwell