Aroda, Madison County, Virginia Property Taxes
Median ARODA, VA effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median ARODA, VA home value: $211,650
Median annual ARODA, VA tax bill: $1,551, $849 lower than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in ARODA, 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 ARODA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ARODA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Aroda, Madison County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,579
$1,465
Property Tax Rates Across Aroda, Madison County, Virginia
Local government entities set tax rates, which can vary widely within a state. This variation occurs 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, resulting 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 ARODA, located in Madison County, VA, the effective property tax rate is 0.74%. This rate is lower compared to the national median property tax rate of 1.02%. When compared to other cities in Virginia, ARODA's tax rate is reflective of the county's approach to budgeting and service provision. The uniformity of the tax rate across the region, with both the highest and lowest median tax rates at 0.74%, suggests a stable and predictable property tax environment for residents. This can be advantageous for property owners, as it provides a level of certainty in financial planning. Understanding how ARODA's property tax rate compares to both state and national figures can offer valuable insights for homeowners considering property tax appeals or exemptions.
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 Aroda Tax Rate
0.74%
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 Madison County Tax Rate
0.74%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Aroda, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22709 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Aroda, Madison County, Virginia
When examining property taxes in Aroda, 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 Madison 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 Madison 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 Aroda. For example, the median home price in Aroda is $211,650, with tax bills ranging significantly across the county. Zip code 22709 has the highest median home price at $211,650.
Property Tax Assessment Values Across Aroda, Madison County, Virginia
Source: Ownwell
$124,600
$194,925
$265,250
Median Aroda Market Value
$213,400
Median Madison County Market Value
$212,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Aroda, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22709 | $126,940 | $162,900 | $213,400 | $298,900 | $394,500 |
Source: Ownwell
Property Tax Bills Across Aroda, Madison County, Virginia
Median Aroda Tax Bill
$1,564
Median Madison County Tax Bill
$1,540
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Aroda, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22709 | $909 | $1,205 | $1,564 | $2,137 | $2,762 |
Source: Ownwell