Heathsville, Lancaster County, Virginia Property Taxes
Median Heathsville, VA effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Heathsville, VA home value: $79,150
Median annual Heathsville, VA tax bill: $478, $1,922 lower than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in Heathsville, 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 Heathsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Heathsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Heathsville, Lancaster County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$613
$569
Property Tax Rates Across Heathsville, Lancaster County, Virginia
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 Heathsville Tax Rate
0.55%
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 Lancaster County Tax Rate
0.55%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Heathsville, Lancaster County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22473 | 0.55% | 0.55% | 0.55% | 0.55% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Heathsville, Lancaster County, Virginia
When examining property taxes in Heathsville, 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 Lancaster 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 Lancaster County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. 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 Heathsville. For example, the median home price in Heathsville is $79,150, with tax bills ranging significantly across the county. ZIP code 22473 has the highest median home price at $79,150.
Property Tax Assessment Values Across Heathsville, Lancaster County, Virginia
Source: Ownwell
$111,400
$262,750
$414,100
Median Heathsville Market Value
$111,400
Median Lancaster County Market Value
$297,550
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Heathsville, Lancaster County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22473 | $14,700 | $32,450 | $111,400 | $212,400 | $370,400 |
Source: Ownwell
Property Tax Bills Across Heathsville, Lancaster County, Virginia
In Heathsville, located in Lancaster County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. For Heathsville homeowners, the median home price stands at $79,150. With property tax bills ranging from $137 at the 25th percentile to $1,362 at the 90th percentile, the financial impact on homeowners can vary significantly. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Heathsville's property taxes can be relatively lower, offering some relief to homeowners.
However, even with lower tax bills, ensuring that you are not overpaying is essential. Ownwell can assist homeowners by reviewing their property assessments and identifying potential discrepancies or opportunities for exemptions. By leveraging their expertise, Ownwell helps ensure that homeowners pay only their fair share, potentially leading to significant savings on property tax bills.
Median Heathsville Tax Bill
$613
Median Lancaster County Tax Bill
$1,442
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Heathsville, Lancaster County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22473 | $81 | $165 | $613 | $1,166 | $1,916 |
Source: Ownwell