Property Taxes in Buckingham, Virginia
Median Buckingham, Virginia effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Buckingham, Virginia home value: $104,900
Median annual Buckingham, Virginia tax bill: $624, lower than the national median property tax bill of $2,400.
How are property taxes in Buckingham calculated?
Property taxes in Buckingham, 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 Buckingham's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buckingham, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Buckingham Property Tax Calculator Work?
Use this Buckingham property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Buckingham's median effective tax rate of 0.60% — based on actual property records in Buckingham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Buckingham'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 Buckingham: rates range from 0.60% in 23921 to 0.60% in 23921, 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 Buckingham.
About Buckingham Property Taxes
About Property Taxes in Buckingham, Virginia
Buckingham’s median effective property tax rate of 0.60% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Buckingham 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 Buckingham. Homeowners in the 23921 ZIP code carry a median effective rate of 0.60%, while those in the lowest ZIP code pay 0.60%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Buckingham County. Understanding which part of Buckingham you live in can make a meaningful difference to your annual tax bill.
Buckingham 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 Buckingham, Buckingham 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 Buckingham'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 Ă· 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 Tax Rate
0.60%
Our median effective property tax rate (tax bill Ă· 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
1.27%
Property Tax Rates Across Buckingham, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23921 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Buckingham, Buckingham County, Virginia
When examining property taxes in Buckingham, 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 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.
Assessment notices:
In Buckingham County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of November.
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 Buckingham.
For example, the median home price in Buckingham is $104,900, with tax bills ranging significantly across the county. 23921 has the highest median home price at $104,900.
Property Tax Assessment Values Across Buckingham, Buckingham County, Virginia
Source: Ownwell
$91,650
$124,825
$158,000
Median Buckingham Market Value
$104,900
Median Buckingham County Market Value
$108,300
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Buckingham, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23921 | $20,740 | $49,500 | $104,900 | $166,450 | $226,540 |
Source: Ownwell
Property Tax Bills Across Buckingham, Buckingham County, Virginia
Property tax bills in Buckingham are based on the assessed value of a home and the local tax rate set for the area. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. Local taxing authorities use that assessed value to calculate how much tax is owed each year.
For homeowners in Buckingham, the size of the tax bill can vary widely depending on the home’s value and location. The median home price is $104,900, and the median property tax bill is $624. That figure sits below the national median property tax bill of $2,400, showing that many homeowners in the area pay less than the typical U.S. homeowner.
Tax bills can still feel significant because they are tied directly to home value and local rates. A higher assessed value usually means a higher bill, while a lower assessed value can reduce what a homeowner owes.
Median Buckingham Tax Bill
$624
Median Buckingham County Tax Bill
$644
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Buckingham, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23921 | $121 | $294 | $624 | $995 | $1,356 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Buckingham Tax Assessor | |
| Website | buckingham.interactivegis.com |