Mount Sidney, Augusta County, Virginia Property Taxes
Median MOUNT SIDNEY, VA effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the VA state median of 0.89%.
Median MOUNT SIDNEY, VA home value: $244,850
Median annual MOUNT SIDNEY, VA tax bill: $1,489, $911 lower than the national median property tax bill of $2,400.
How are property taxes in Augusta calculated?
Property taxes in MOUNT SIDNEY, 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 MOUNT SIDNEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MOUNT SIDNEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mount Sidney, 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
$1,900
$1,763
Property Tax Rates Across Mount Sidney, Augusta County, Virginia
Local government entities set tax rates, which can vary significantly within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Mount Sidney, located in Augusta County, VA, the effective property tax rate is 0.63%, which is lower than the national median property tax rate of 1.02%. This means property owners in Mount Sidney enjoy a lower tax burden compared to many other areas in the U.S. When comparing Mount Sidney to other cities in Virginia, it maintains a consistent rate, as the highest and lowest median tax rates in the area also stand at 0.63%. This consistency can be advantageous for property owners who value predictability in their annual expenses. By understanding these rates, property owners can make informed decisions about appealing their assessments or seeking exemptions to optimize their property tax obligations.
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 Mount Sidney 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 Mount Sidney, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24467 | 0.39% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Mount Sidney, Augusta County, Virginia
When examining property taxes in Mount Sidney, 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 Mount Sidney.
For example, the median home price in Mount Sidney is $244,850, with tax bills ranging significantly across the county. Zip code 24467 has the highest median home price at $244,850.
Property Tax Assessment Values Across Mount Sidney, Augusta County, Virginia
Source: Ownwell
$152,650
$410,350
$668,050
Median Mount Sidney Market Value
$365,450
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 Mount Sidney, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24467 | $191,200 | $258,475 | $365,450 | $503,150 | $757,210 |
Source: Ownwell
Property Tax Bills Across Mount Sidney, Augusta County, Virginia
Median Mount Sidney Tax Bill
$1,826
Median Augusta County Tax Bill
$1,557
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Sidney, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24467 | $962 | $1,322 | $1,826 | $2,295 | $2,904 |
Source: Ownwell