Virgilina, Halifax County, Virginia Property Taxes

Name: Property Tax Bills Across Virgilina, Halifax County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Virgilina, VA effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Virgilina, VA home value: $84,938
Median annual Virgilina, VA tax bill: $425, $1,975 lower than the national median property tax bill of $2,400.

How are property taxes in Halifax calculated?

Property taxes in Virgilina, 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 Virgilina’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Virgilina, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Virgilina, Halifax County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.5%

Estimate Property Tax Bill

$463

$430

Ownwell’s Virgilina Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Virgilina with just two data points.

By entering your property's estimated assessed value, our calculator applies Virgilina’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Halifax County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Virgilina, Halifax 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.

In Virgilina, located in Halifax County, Virginia, the effective property tax rate is notably lower than both the state and national medians. With a median property tax rate of 0.50%, Virgilina offers a more affordable property tax environment compared to the national median rate of 1.02%. This can be particularly appealing for homeowners seeking cost-effective living arrangements. The relatively low tax rate in this region reflects the county's budgeting and valuation processes, which aim to balance necessary services with a fair tax burden on property owners. By understanding these dynamics, property owners in Virgilina can better appreciate the value of their investments and the efficiency of local governance in managing public finances.

Property Tax Rates Across Virgilina, Halifax County, Virginia

Source: Ownwell

0.50%

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 Virgilina Tax Rate

0.50%

Median Effective Halifax County Tax Rate

0.50%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Virgilina, Halifax County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24598	0.50%	0.50%	0.50%	0.50%	0.50%

Source: Ownwell

Property Tax Assessment Values Across Virgilina, Halifax County, Virginia

When examining property taxes in Virgilina, 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 Halifax 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 Halifax County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Virgilina.

For example, the median home price in Virgilina is $84,938, with tax bills ranging significantly across the county. Zip code 24598 has the highest median home price at $84,938.

Property Tax Assessment Values Across Virgilina, Halifax County, Virginia

Source: Ownwell

$83,512

$106,321

$129,129

Median Virgilina Market Value

$92,592

Median Halifax County Market Value

$89,836

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Virgilina, Halifax County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24598	$25,793	$55,570	$92,592	$135,349	$199,564

Source: Ownwell

Property Tax Bills Across Virgilina, Halifax County, Virginia

In Virgilina, homeowners' property tax bills are determined by the assessed value of their property and the local tax rate. The median home price in this area is approximately $84,938, which influences the tax bill calculations. The property tax bill varies, with the 25th percentile at $267 and the 75th percentile at $609, reflecting differences in property values and tax rates. At the 90th percentile, the tax bill can reach up to $922. These figures are notably lower than the national median property tax bill of $2,400, providing some relief to local homeowners. However, even with lower tax bills, it's crucial for homeowners to ensure their property is assessed accurately to avoid overpaying. Ownwell offers expert property tax appeal and exemption services to help homeowners in Virgilina potentially reduce their tax bills. By reviewing property assessments and ensuring they reflect true market values, Ownwell assists homeowners in navigating the complexities of property taxes, ultimately aiming to save them money and provide peace of mind.

Property Tax Bills Across Virgilina, Halifax County, Virginia

Source: Ownwell

$418

$532

$646

Median Virgilina Tax Bill

$463

Median Halifax County Tax Bill

$449

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Virgilina, Halifax County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24598	$129	$278	$463	$677	$998

Source: Ownwell