Gordonsville, Louisa County, Virginia Property Taxes
Median Gordonsville, VA effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Gordonsville, VA home value: $256,550
Median annual Gordonsville, VA tax bill: $891, $1,509 lower than the national median property tax bill of $2,400.
How are property taxes in Louisa County calculated?
Property taxes in Gordonsville, 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 Gordonsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gordonsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gordonsville, Louisa County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$1,026
$952
Property Tax Rates Across Gordonsville, Louisa County, Virginia
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Gordonsville, Louisa County, Virginia, the effective property tax rate stands at 0.40%. This rate is notably lower than the national median property tax rate of 1.02%, highlighting a more favorable tax environment for property owners in this area. Compared to other cities in Virginia, Gordonsville's rate is competitive, offering residents a financial advantage when it comes to property taxes. The national median property tax bill is $2400, and Gordonsville's lower rate can translate to significant savings for homeowners. This advantageous rate makes Gordonsville an attractive option for property buyers and investors looking to minimize their tax burden.
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 Gordonsville Tax Rate
0.40%
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 Louisa County Tax Rate
0.40%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gordonsville, Louisa County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | 0.15% | 0.35% | 0.40% | 0.44% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Gordonsville, Louisa County, Virginia
When examining property taxes in Gordonsville, 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 Louisa 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 Louisa 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 Gordonsville. For example, the median home price in Gordonsville is $256,550, with tax bills ranging significantly across the county. Zip code 22942 has the highest median home price at $256,550.
Property Tax Assessment Values Across Gordonsville, Louisa County, Virginia
Source: Ownwell
$238,800
$349,800
$460,800
Median Gordonsville Market Value
$256,550
Median Louisa County Market Value
$299,800
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gordonsville, Louisa County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | $101,810 | $183,575 | $256,550 | $343,150 | $477,320 |
Source: Ownwell
Property Tax Bills Across Gordonsville, Louisa County, Virginia
Median Gordonsville Tax Bill
$891
Median Louisa County Tax Bill
$1,027
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Gordonsville, Louisa County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | $271 | $604 | $891 | $1,256 | $1,704 |
Source: Ownwell