Tappahannock, Essex County, Virginia Property Taxes
Median Tappahannock, VA effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Tappahannock, VA home value: $175,186
Median annual Tappahannock, VA tax bill: $1,277, $1,123 lower than the national median property tax bill of $2,400.
How are property taxes in Essex County calculated?
Property taxes in Tappahannock, 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 Tappahannock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tappahannock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tappahannock, Essex County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,279
$1,187
Property Tax Rates Across Tappahannock, Essex County, Virginia
Local government entities set tax rates, which can vary widely within a state. This variation occurs 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, resulting 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.
In Tappahannock, located in Essex County, Virginia, the effective property tax rate is 0.73%. This rate is notably below the national median property tax rate of 1.02%, making it an attractive location for property owners seeking lower tax burdens. The median property tax rate in Virginia also reflects this trend, offering a more affordable option compared to the national average.
For residents and potential property buyers in Tappahannock, understanding these tax rates is crucial. Lower property tax rates can significantly impact the overall cost of homeownership, offering potential savings over time. By comparing Tappahannock’s effective tax rate to other cities in Virginia and the national median, property owners can make informed decisions about their investments.
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 Tappahannock Tax Rate
0.73%
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 Essex County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tappahannock, Essex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22560 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Tappahannock, Essex County, Virginia
When examining property taxes in Tappahannock, 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 Essex 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 Essex 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 Tappahannock. For example, the median home price in Tappahannock is $175,186, with tax bills ranging significantly across the county. Zip code 22560 has the highest median home price at $175,186.
Property Tax Assessment Values Across Tappahannock, Essex County, Virginia
Source: Ownwell
$129,276
$170,393
$211,509
Median Tappahannock Market Value
$175,186
Median Essex County Market Value
$164,800
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tappahannock, Essex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22560 | $72,324 | $119,515 | $175,186 | $249,754 | $396,696 |
Source: Ownwell
Property Tax Bills Across Tappahannock, Essex County, Virginia
Median Tappahannock Tax Bill
$1,277
Median Essex County Tax Bill
$1,202
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Tappahannock, Essex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22560 | $548 | $877 | $1,277 | $1,818 | $2,873 |
Source: Ownwell