Property Taxes in Bracey, Virginia
Median Bracey, Virginia effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Bracey, Virginia home value: $122,900
Median annual Bracey, Virginia tax bill: $442, $1,958 lower than the national median property tax bill of $2,400.
How are property taxes in Mecklenburg calculated?
Property taxes in Bracey, 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 Bracey's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bracey, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Bracey Property Tax Calculator Work?
Use this Bracey property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bracey's median effective tax rate of 0.36% — based on actual property records in Mecklenburg County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bracey'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 Bracey: rates range from 0.36% in 23919 to 0.36% in 23919, 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 Bracey.
About Bracey Property Taxes
About Property Taxes in Bracey, Mecklenburg, Virginia
Bracey's median effective property tax rate of 0.36% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Mecklenburg 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 Bracey. Homeowners in the 23919 ZIP code carry a median effective rate of 0.36%, while those in the lowest ZIP pay 0.36%. This spread reflects how school district boundaries and local assessment districts are drawn across Mecklenburg County. Understanding which part of Bracey you live in can make a meaningful difference to your annual tax bill.
Bracey homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 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 Bracey, Mecklenburg 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 Bracey'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 Bracey Tax Rate
0.36%
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 Mecklenburg County Tax Rate
0.36%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Bracey, Mecklenburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23919 | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Bracey, Mecklenburg County, Virginia
When examining property taxes in Bracey, 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. Mecklenburg County 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 are sent in the spring each year and 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.
For example, the median home price in Bracey is $122,900, with tax bills ranging significantly across the county. ZIP code 23919 has the highest median home price at $122,900.
Property Tax Assessment Values Across Bracey, Mecklenburg County, Virginia
Source: Ownwell
$94,900
$155,775
$216,650
Median Bracey Market Value
$122,900
Median Mecklenburg County Market Value
$139,100
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Bracey, Mecklenburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23919 | $7,000 | $11,600 | $122,900 | $292,600 | $547,400 |
Source: Ownwell
Property Tax Bills Across Bracey, Mecklenburg County, Virginia
How are property tax bills calculated in Bracey?
Property tax bills in Bracey are based on the assessed value of a home and the local tax rate set for Mecklenburg County. Taxing authorities determine the bill by applying that rate to the property’s taxable value, so homes with higher assessed values generally owe more. The median home price is $122,900, which helps show how local tax bills are tied to property values in the area.
What factors affect the amount a homeowner pays?
A homeowner’s bill depends on the home’s assessed value, any exemptions that may apply, and the tax rate used by the county and other local taxing entities. In Bracey, tax bills can vary widely, with the 25th percentile at $42 and the 75th percentile at $1,053. The 90th percentile reaches $1,971, showing how much higher bills can be for more valuable properties.
How does this affect homeowners?
Because property taxes are based on value, rising assessments can increase annual costs even if the homeowner’s income stays the same. In Bracey, the median tax bill is $442, which is below the national median property tax bill of $2,400.
Median Bracey Tax Bill
$442
Median Mecklenburg County Tax Bill
$501
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Bracey, Mecklenburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23919 | $25 | $42 | $442 | $1,053 | $1,971 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 25 |
Links | |
|---|---|
| Mecklenburg Tax Assessor | |
| Website | mecklenburg.cama.concisesystems.com |