Emporia, Greensville County, Virginia Property Taxes
Median Emporia, VA effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Emporia, VA home value: $83,350
Median annual Emporia, VA tax bill: $559, $1,841 lower than the national median property tax bill of $2,400.
How are property taxes in Greensville 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, Greensville County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$562
$522
Property Tax Rates Across Emporia, Greensville County, Virginia
Local government entities determine tax rates that can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this process essentially unfolds annually.
In Emporia, located in Greensville County, VA, the effective property tax rate stands as a point of comparison to other cities within the state and the national landscape. The median property tax rate in Virginia is 0.67%, which is lower than the national median of 1.02%. This indicates that property owners in Emporia may enjoy relatively lower property tax rates compared to many other regions across the United States. For homeowners, this can translate into significant savings on their annual tax bills, as the national median property tax bill is $2400. Understanding these differences can be crucial for potential property buyers and current homeowners looking to manage their expenses effectively.
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
0.67%
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 Greensville County Tax Rate
0.67%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Emporia, Greensville County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23847 | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Emporia, Greensville 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 Greensville 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 Greensville County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 $83,350, with tax bills ranging significantly across the county. Zip code 23847 has the highest median home price at $83,350.
Property Tax Assessment Values Across Emporia, Greensville County, Virginia
Source: Ownwell
$72,050
$82,825
$93,600
Median Emporia Market Value
$83,900
Median Greensville County Market Value
$84,800
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Emporia, Greensville County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23847 | $34,800 | $58,100 | $83,900 | $124,500 | $174,900 |
Source: Ownwell
Property Tax Bills Across Emporia, Greensville County, Virginia
In Emporia, located in Greensville County, VA, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Emporia, the median property tax bill stands at $559, which is significantly lower than the national median of $2,400. This suggests that residents in Emporia enjoy relatively affordable property taxes compared to other parts of the country.
However, factors such as changes in property values or local tax rates can lead to variations in tax bills, potentially impacting homeowners' finances. For example, while some may pay as little as $387, others could see bills as high as $1,169. Ownwell offers services to help homeowners navigate these complexities by providing expert property tax appeal and exemption services. By leveraging Ownwell's expertise, homeowners can potentially reduce their tax liabilities, ensuring they pay only what is fair and accurate.
Median Emporia Tax Bill
$567
Median Greensville County Tax Bill
$573
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Emporia, Greensville County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23847 | $233 | $392 | $567 | $853 | $1,210 |
Source: Ownwell