Barboursville, Greene County, Virginia Property Taxes
Median Barboursville, 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 Barboursville, VA home value: $340,550
Median annual Barboursville, VA tax bill: $2,457, $57 higher than the national median property tax bill of $2,400.
How are property taxes in Greene calculated?
Property taxes in Barboursville, 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 Barboursville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Barboursville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Barboursville, Greene County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$2,486
$2,307
Property Tax Rates Across Barboursville, Greene County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
Barboursville in Greene County, VA, presents a unique scenario in property tax rates. The effective property tax rate here is 0.73%, aligning with the county's highest and lowest median tax rates. This rate is below Virginia's median property tax rate and significantly lower than the national median property tax rate of 1.02%. The median property tax bill in Barboursville is also considerably less than the national median of $2400. This makes Barboursville an attractive location for property owners seeking lower property tax obligations. Comparing Barboursville’s effective property tax rate to other cities in Virginia and the U.S. highlights its affordability.
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 Barboursville 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 Greene County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Barboursville, Greene County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22923 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Barboursville, Greene County, Virginia
When examining property taxes in Barboursville, 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 Greene 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 Greene 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 Barboursville. For example, the median home price in Barboursville is $340,550, with tax bills ranging significantly across the county. Zip code 22923 has the highest median home price at $340,550.
Property Tax Assessment Values Across Barboursville, Greene County, Virginia
Source: Ownwell
$94,600
$217,575
$340,550
Median Barboursville Market Value
$340,550
Median Greene County Market Value
$237,700
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Barboursville, Greene County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22923 | $87,530 | $229,300 | $340,550 | $410,400 | $455,200 |
Source: Ownwell
Property Tax Bills Across Barboursville, Greene County, Virginia
Median Barboursville Tax Bill
$2,457
Median Greene County Tax Bill
$1,688
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Barboursville, Greene County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22923 | $625 | $1,664 | $2,457 | $2,990 | $3,308 |
Source: Ownwell