Property Taxes in Leon, Virginia
Median Leon, Virginia effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Leon, Virginia home value: $215,850
Median annual Leon, Virginia tax bill: $1,556, $844 lower than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Leon, 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 Leon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Leon Property Tax Calculator Work?
Use this Leon property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Leon’s median effective tax rate of 0.74% — based on actual property records in Madison County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. Our calculator applies Leon’s median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Leon’s median effective tax rate is lower than Virginia’s 0.90% state median rate, and the median property tax bill is $1,556, which is $844 lower than the state median bill. Your bill may vary by ZIP code within Leon, but in the available data, 22725 has the same median tax bill at $1,556.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Leon.
About Leon Property Taxes
About Property Taxes in Leon, Madison, Virginia
Leon’s median effective property tax rate of 0.74% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Madison 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 Leon. Homeowners in ZIP code 22725 carry a median effective rate of 0.74%, while those in the same ZIP also pay 0.74%. This spread reflects how school district boundaries and local assessment districts are drawn across Madison County. Understanding which part of Leon you live in can make a meaningful difference to your annual tax bill.
Leon homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the March 5, 2025 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 Leon, Madison 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 Leon'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 Ă· 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 Leon Tax Rate
0.74%
Our median effective property tax rate (tax bill Ă· 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
1.27%
Property Tax Rates Across Leon, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22725 | 0.67% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Leon, Madison County, Virginia
When examining property taxes in Leon, 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 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.
Assessment notices:
In Madison County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Leon.
For example, the median home price in Leon is $215,850, with tax bills ranging significantly across the county. 22725 has the highest median home price at $215,850.
Property Tax Assessment Values Across Leon, Madison County, Virginia
Source: Ownwell
$124,600
$194,925
$265,250
Median Leon Market Value
$215,850
Median Madison County Market Value
$212,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Leon, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22725 | $138,940 | $176,600 | $215,850 | $294,375 | $375,830 |
Source: Ownwell
Property Tax Bills Across Leon, Madison County, Virginia
How are property tax bills calculated in Leon?
Property tax bills in Leon are based on the assessed value of a home, which is then multiplied by the local tax rate set by the county and other taxing authorities. The assessed value is influenced by the home’s market value, location, size, and any improvements that may increase its worth. For a median home price of $215,850, the property tax bill reflects how local assessments translate into annual taxes.
What factors affect the bill? Homeowners can see different outcomes depending on where their property is located within Madison County, since tax bills can vary by zip code and local taxing districts. In Leon, the median property tax bill is $1,556, while bills at the 25th percentile are $1,307 and reach $2,686 at the 90th percentile. This means some homeowners pay below the national median property tax bill of $2,400, while others pay more.
Property taxes directly affect monthly housing costs and long-term affordability, making it important for homeowners to understand how their bill is determined.
Median Leon Tax Bill
$1,556
Median Madison County Tax Bill
$1,540
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Leon, Madison County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22725 | $1,028 | $1,307 | $1,556 | $2,008 | $2,686 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 5 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | www.webgis.net |