Appomattox, Buckingham County, Virginia Property Taxes
Median Appomattox, VA effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Appomattox, VA home value: $158,000
Median annual Appomattox, VA tax bill: $869, $1,531 lower than the national median property tax bill of $2,400.
How are property taxes in Buckingham calculated?
Property taxes in Appomattox, 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 Appomattox’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Appomattox, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Appomattox, Buckingham County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$948
$880
Property Tax Rates Across Appomattox, Buckingham County, Virginia
Local government entities determine tax rates, leading to significant variability within a state. Annually, each county calculates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties in its jurisdiction. This division establishes the property tax rate. While votes and legislation play roles in setting these rates and budgets, this is the fundamental process followed each year.
In Appomattox, located in Buckingham County, VA, the effective property tax rate is notably different when compared to other cities in Virginia and even the national median. With a median property tax rate of 0.55%, Appomattox's rate stands out, especially against the national median rate of 1.02%. This can result in a considerably lower property tax bill for homeowners in Appomattox compared to the national median bill of $2400. Understanding these differences can be crucial for property owners seeking to manage their expenses efficiently. By appealing or seeking exemptions, residents might further benefit from reduced tax liabilities, making it essential to stay informed about local tax trends and opportunities.
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 Appomattox Tax Rate
0.60%
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 Buckingham County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Appomattox, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24522 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Appomattox, Buckingham County, Virginia
When examining property taxes in Appomattox, 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 Buckingham 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 Buckingham 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 Appomattox.
For example, the median home price in Appomattox is $158,000, with tax bills ranging significantly across the county. Zip code 24522 has the highest median home price at $158,000.
Property Tax Assessment Values Across Appomattox, Buckingham County, Virginia
Source: Ownwell
$91,650
$124,825
$158,000
Median Appomattox Market Value
$158,000
Median Buckingham County Market Value
$108,300
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Appomattox, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24522 | $96,880 | $112,200 | $158,000 | $203,150 | $238,940 |
Source: Ownwell
Property Tax Bills Across Appomattox, Buckingham County, Virginia
Median Appomattox Tax Bill
$880
Median Buckingham County Tax Bill
$644
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Appomattox, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24522 | $581 | $673 | $880 | $1,219 | $1,434 |
Source: Ownwell