Bridgewater, Augusta County, Virginia Property Taxes
Median Bridgewater, VA effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Bridgewater, VA home value: $234,350
Median annual Bridgewater, VA tax bill: $1,372, $1,028 lower than the national median property tax bill of $2,400.
How are property taxes in Augusta calculated?
Property taxes in Bridgewater, 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 Bridgewater’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bridgewater, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bridgewater, Augusta County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$1,772
$1,645
Property Tax Rates Across Bridgewater, Augusta County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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 Bridgewater’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Bridgewater, located in Augusta County, has a median property tax rate of 0.63%, which is significantly lower than the national median of 1.02%. This means homeowners in Bridgewater enjoy a lighter tax burden compared to many other regions across the country. The effective tax rate in Bridgewater is consistent with the highest and lowest rates in the area, reflecting a stable and predictable tax environment. For property owners, this stability can be a crucial factor in financial planning and long-term investment decisions. Understanding these dynamics can help homeowners navigate their property tax obligations more 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 Bridgewater Tax Rate
0.52%
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 Augusta County Tax Rate
0.52%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bridgewater, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22812 | 0.38% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Bridgewater, Augusta County, Virginia
When examining property taxes in Bridgewater, 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 Augusta 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 Augusta 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 Bridgewater. For example, the median home price in Bridgewater is $234,350, with tax bills ranging significantly across the county. Zip code 22812 has the highest median home price at $234,350.
Property Tax Assessment Values Across Bridgewater, Augusta County, Virginia
Source: Ownwell
$152,650
$410,350
$668,050
Median Bridgewater Market Value
$340,800
Median Augusta County Market Value
$305,700
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bridgewater, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22812 | $158,500 | $240,000 | $340,800 | $523,600 | $769,500 |
Source: Ownwell
Property Tax Bills Across Bridgewater, Augusta County, Virginia
Median Bridgewater Tax Bill
$1,675
Median Augusta County Tax Bill
$1,557
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Bridgewater, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22812 | $797 | $1,179 | $1,675 | $2,494 | $3,056 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 1 |
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