Nelson, Mecklenburg County, Virginia Property Taxes
Median Nelson, 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 Nelson, VA home value: $91,800
Median annual Nelson, VA tax bill: $367, $2,033 lower than the national median property tax bill of $2,400.
How are property taxes in Mecklenburg calculated?
Property taxes in Nelson, 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 Nelson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nelson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nelson, Mecklenburg County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$453
$420
Property Tax Rates Across Nelson, Mecklenburg County, Virginia
Local government entities determine tax rates, which can differ significantly within a state. Each county estimates its necessary budget for services annually and divides it 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 these rates and budgets, this is essentially the annual process.
In Nelson, located in Mecklenburg County, VA, the effective property tax rate is a critical factor to consider. The median property tax rate in Virginia stands at a lower percentage compared to the national median of 1.02%. This means that residents of Nelson, VA, may experience a more favorable tax environment than many other parts of the country.
Comparing Nelson's effective property tax rate to other cities in Virginia, as well as the state and national medians, provides valuable insight into the region's tax landscape. Understanding these differences can help property owners make informed decisions and potentially save on their property tax bills.
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 Nelson Tax Rate
0.36%
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 Mecklenburg County Tax Rate
0.36%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nelson, Mecklenburg County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24580 | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Nelson, Mecklenburg County, Virginia
Property Tax Assessment Values Across Nelson, Mecklenburg County, Virginia
Source: Ownwell
$94,900
$155,775
$216,650
Median Nelson Market Value
$125,700
Median Mecklenburg County Market Value
$139,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nelson, Mecklenburg County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24580 | $31,920 | $76,700 | $125,700 | $173,400 | $231,060 |
Source: Ownwell
Property Tax Bills Across Nelson, Mecklenburg County, Virginia
In Nelson, located in Mecklenburg County, VA, property tax bills are calculated based on the assessed value of homes and the local tax rate. The median home price in Nelson is $91,800, with a median property tax bill of $367, which is significantly lower than the national median property tax bill of $2,400. Tax bills can vary, with the 25th percentile at $238 and the 90th percentile reaching $762. These figures indicate that while some homeowners pay relatively low property taxes, others may face higher bills depending on their property's assessed value and location within the city.
Homeowners in Nelson can benefit from appealing their property tax assessments to ensure they are not overpaying. This is where Ownwell can make a significant impact. By providing professional property tax appeal services, Ownwell helps homeowners navigate the complexities of property tax assessments, potentially lowering their tax bills. With expertise in property tax laws and assessment procedures, Ownwell ensures that homeowners pay only their fair share, ultimately saving them money and reducing their financial burden.
Median Nelson Tax Bill
$453
Median Mecklenburg County Tax Bill
$501
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Nelson, Mecklenburg County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24580 | $115 | $276 | $453 | $624 | $832 |
Source: Ownwell