Property Taxes in Dillwyn, Virginia
Median Dillwyn, 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 Dillwyn, Virginia home value: $113,900
Median annual Dillwyn, Virginia tax bill: $679, $1,721 lower than the national median property tax bill of $2,400.
How are property taxes in Buckingham calculated?
Property taxes in Dillwyn, 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 Dillwyn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dillwyn, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Dillwyn Property Tax Calculator Work?
Use this Dillwyn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dillwyn'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 assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Dillwyn'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 Dillwyn: rates range from 0.60% in 23936 to 0.60% in 23936, 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 Dillwyn.
About Dillwyn Property Taxes
About Property Taxes in Dillwyn, Buckingham, Virginia
Dillwyn’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 Dillwyn. Homeowners in ZIP code 23936 carry a median effective rate of 0.60%, while those in the lowest ZIP code also 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 Dillwyn you live in can make a meaningful difference to your annual tax bill.
Dillwyn 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 Dillwyn, 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 Dillwyn'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 Dillwyn 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
1.27%
Property Tax Rates Across Dillwyn, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23936 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Dillwyn, Buckingham County, Virginia
When examining property taxes in Dillwyn, 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. The median home price in Dillwyn is $113,900, with tax bills ranging across the county from $443 at the 25th percentile to $967 at the 75th percentile. The median tax bill is $679, well below the national median property tax bill of $2,400 and paired with a local tax rate context that can make property tax appeals and exemptions especially important for homeowners in Dillwyn.
Property Tax Assessment Values Across Dillwyn, Buckingham County, Virginia
Source: Ownwell
$91,650
$124,825
$158,000
Median Dillwyn Market Value
$113,900
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 Dillwyn, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23936 | $31,080 | $74,650 | $113,900 | $163,800 | $230,020 |
Source: Ownwell
Property Tax Bills Across Dillwyn, Buckingham County, Virginia
Property tax bills in Dillwyn are based on the assessed value of a home and the local tax rate set for Buckingham County. When a property is reassessed, the county uses that assessed value to calculate the bill, so changes in market value can affect what a homeowner owes. For a home with a median value of $113,900, the tax bill can vary widely depending on location and assessment details.
In Dillwyn, the tax bill typically falls between $443 at the 25th percentile and $967 at the 75th percentile, with the 90th percentile reaching $1,364. The median tax bill is $679, which is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. For homeowners, this means property taxes are often a manageable part of owning a home, but even small changes in assessed value or local rates can still have a noticeable impact on annual housing costs.
Median Dillwyn Tax Bill
$679
Median Buckingham County Tax Bill
$644
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Dillwyn, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23936 | $182 | $443 | $679 | $967 | $1,364 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Buckingham Tax Assessor | |
| Website | buckingham.interactivegis.com |