Property Taxes in Williamsville, Virginia
Median Williamsville, Virginia effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Williamsville, Virginia home value: $194,400
Median annual Williamsville, Virginia tax bill: $855, lower than the national median property tax bill of $2,400.
How are property taxes in Highland calculated?
Property taxes in Williamsville, Virginia 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 Williamsville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Williamsville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Williamsville Property Tax Calculator Work?
Use this Williamsville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Williamsville's median effective tax rate of 0.44% — based on actual property records in Highland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Williamsville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Williamsville: rates range from 0.44% in 24487 to 0.44% in 24487, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Williamsville.
About Williamsville Property Taxes
About Property Taxes in Williamsville, Highland, Virginia
Williamsville's median effective property tax rate of 0.44% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Highland County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Williamsville. Homeowners in the 24487 ZIP code carry a median effective rate of 0.44%, while those in the same ZIP code pay 0.44%. This spread reflects how school district boundaries and local assessment districts are drawn across Highland County. Understanding which part of Williamsville you live in can make a meaningful difference to your annual tax bill.
Williamsville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 15, 2024 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Williamsville, Highland County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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. 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.
Below, you can compare Williamsville's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Williamsville Tax Rate
0.44%
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 Highland County Tax Rate
0.44%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Williamsville, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24487 | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Williamsville, Highland County, Virginia
When examining property taxes in Williamsville, 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 Highland County assessment office 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.
Assessment notices:
In Highland County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Williamsville.
For example, the median home price in Williamsville is $194,400, with tax bills ranging significantly across the county. 24487 has the highest median home price at $194,400.
Property Tax Assessment Values Across Williamsville, Highland County, Virginia
Source: Ownwell
$170,100
$201,275
$232,450
Median Williamsville Market Value
$194,400
Median Highland County Market Value
$214,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Williamsville, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24487 | $48,920 | $111,600 | $194,400 | $310,200 | $460,680 |
Source: Ownwell
Property Tax Bills Across Williamsville, Highland County, Virginia
Williamsville property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then multiplied by the applicable tax rate to determine the annual bill. Factors such as the home’s location, size, condition, and any local taxing jurisdictions can influence the final amount homeowners owe.
For Williamsville homeowners, the median home price is $194,400, and property tax bills can vary widely depending on the specific assessment and local rate. The 25th percentile tax bill is $491, while the 75th percentile is $1,365. At the 90th percentile, bills reach $2,027. In zip code 24487, the median tax bill is $855.
Because property taxes are tied to assessed value, changes in home value can directly affect what a homeowner pays each year.
Median Williamsville Tax Bill
$855
Median Highland County Tax Bill
$943
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Williamsville, Highland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24487 | $215 | $491 | $855 | $1,365 | $2,027 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Highland Tax Assessor | |
| Website | www.webgis.net |