Emporia, Emporia County, Virginia Property Taxes
Median Emporia, VA effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Emporia, VA home value: $73,100
Median annual Emporia, VA tax bill: $673, $1,727 lower than the national median property tax bill of $2,400.
How are property taxes in Emporia calculated?
Property taxes in Emporia, 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 Emporia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Emporia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Emporia, Emporia County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$881
$818
Property Tax Rates Across Emporia, Emporia County, Virginia
Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing 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, this is the annual process in a nutshell.
Emporia, located in Emporia County, Virginia, presents a unique case in property tax rates. With an effective property tax rate of 0.92%, it stands out in Virginia, where the median property tax rate mirrors the national median at 1.02%. When compared to the U.S. median property tax rate, Emporia's rate is notably lower, offering potential savings for property owners. This lower rate can be attributed to the county's budgetary needs and the total value of taxable properties within its jurisdiction. As a result, property owners in Emporia may find themselves with a lighter tax burden compared to other regions.
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 Emporia Tax Rate
0.92%
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 Emporia County Tax Rate
0.92%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Emporia, Emporia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23847 | 0.92% | 0.92% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Emporia, Emporia County, Virginia
When examining property taxes in Emporia, 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 Emporia 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 Emporia 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 Emporia. For example, the median home price in Emporia is $73,100, with tax bills ranging significantly across the county. Zip code 23847 has the highest median home price at $73,100.
Property Tax Assessment Values Across Emporia, Emporia County, Virginia
Source: Ownwell
$95,800
$95,800
$95,800
Median Emporia Market Value
$95,800
Median Emporia County Market Value
$95,800
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Emporia, Emporia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23847 | $36,540 | $58,975 | $95,800 | $154,600 | $211,500 |
Source: Ownwell
Property Tax Bills Across Emporia, Emporia County, Virginia
In Emporia, VA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is typically a percentage of the property's market value. Homeowners in Emporia face a median property tax bill of $673, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include the home's location, size, and condition. Within Emporia, the tax bills can range from $424 at the 25th percentile to $1,558 at the 90th percentile, illustrating the variation based on property specifics.
High property taxes can be a burden, but Ownwell offers services to help reduce these costs. By analyzing your property’s assessed value and ensuring it aligns with market conditions, Ownwell can identify potential savings. Our experts guide homeowners through the appeal process, aiming to lower the assessed value and, consequently, the tax bill. This service can make a significant difference, especially in areas like Emporia, where every dollar counts.
Median Emporia Tax Bill
$881
Median Emporia County Tax Bill
$881
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Emporia, Emporia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23847 | $336 | $543 | $881 | $1,422 | $1,946 |
Source: Ownwell