Property Taxes in Verona, Virginia
Median Verona, Virginia effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Verona, Virginia home value: $251,900
Median annual Verona, Virginia tax bill: $1,343, lower than the national median property tax bill of $2,400.
How are property taxes in Augusta calculated?
Property taxes in Verona, 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 Verona's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Verona, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Verona Property Tax Calculator Work?
Use this Verona property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Verona's median effective tax rate of 0.52% — based on actual property records in Augusta County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Verona'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 Verona: rates range from 0.52% in 24482 to 0.52% in 24482, 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 Verona.
About Verona Property Taxes
About Property Taxes in Verona, Augusta, Virginia
Verona’s median effective property tax rate of 0.52% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Augusta 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 Verona. Homeowners in the 24482 ZIP code carry a median effective rate of 0.52%, while those in the same ZIP also pay 0.52%. This reflects how school district boundaries and local assessment districts are drawn across Augusta County. Understanding which part of Verona you live in can make a meaningful difference to your annual tax bill.
Verona homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Verona, Augusta 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 Verona'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 Verona 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
1.27%
Property Tax Rates Across Verona, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24482 | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Verona, Augusta County, Virginia
When examining property taxes in Verona, 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 Augusta County assessment office 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 Augusta County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. For example, the median home price in Verona is $251,900, with tax bills ranging significantly across the county. 24482 has the highest median home price at $251,900.
Property Tax Assessment Values Across Verona, Augusta County, Virginia
Source: Ownwell
$152,650
$410,350
$668,050
Median Verona Market Value
$251,900
Median Augusta County Market Value
$305,700
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Verona, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24482 | $171,780 | $199,500 | $251,900 | $330,200 | $482,980 |
Source: Ownwell
Property Tax Bills Across Verona, Augusta County, Virginia
How are property tax bills calculated in Verona?
Property tax bills in Verona are based on the assessed value of a home and the local tax rate set by Augusta County and other taxing authorities. The assessed value is compared with the market value of the property, and that figure is used to determine how much tax a homeowner owes. Factors such as home value, location, and local budgets all play a role in the final bill.
For Verona homeowners, the median home price is $251,900, and the median property tax bill is $1,343. That is lower than the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $1,037 and the 75th percentile at $1,706. The 90th percentile reaches $2,410, showing how higher assessed values can lead to a much larger tax burden.
Median Verona Tax Bill
$1,343
Median Augusta County Tax Bill
$1,557
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Verona, Augusta County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24482 | $881 | $1,037 | $1,343 | $1,706 | $2,410 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Augusta Tax Assessor | |
| Website | gis.vgsi.com |