Locust Hill, Middlesex County, Virginia Property Taxes
Median Locust Hill, VA effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Locust Hill, VA home value: $232,500
Median annual Locust Hill, VA tax bill: $1,396, $1,004 lower than the national median property tax bill of $2,400.
How are property taxes in Middlesex calculated?
Property taxes in Locust Hill, 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 Locust Hill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Locust Hill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Locust Hill, Middlesex County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$1,443
$1,339
Property Tax Rates Across Locust Hill, Middlesex County, Virginia
Local government entities are responsible for setting property tax rates, leading to significant variations within a state. This is because each county annually estimates its budgetary needs for providing services and divides this 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 determining tax rates and budgets, this is the essence of the annual process.
In Locust Hill, Middlesex County, Virginia, the effective property tax rate reflects these local decisions. With a median property tax rate of 0.61%, Locust Hill's rate is notably lower than the national median of 1.02%. This means that homeowners in Locust Hill may benefit from lower property tax bills compared to those in many other parts of the country, where the median property tax bill is approximately $2,400. By comparing Locust Hill’s effective property tax rate to other cities in Virginia and the U.S., homeowners can gain a clearer understanding of their property tax obligations and potential savings.
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 Locust Hill Tax Rate
0.61%
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 Middlesex County Tax Rate
0.61%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Locust Hill, Middlesex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23092 | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Locust Hill, Middlesex County, Virginia
When examining property taxes in Locust Hill, 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 Middlesex 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 Middlesex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Locust Hill.
For example, the median home price in Locust Hill is $232,500, with tax bills ranging significantly across the county. Zip code 23092 has the highest median home price at $232,500.
Property Tax Assessment Values Across Locust Hill, Middlesex County, Virginia
Source: Ownwell
$163,000
$240,375
$317,750
Median Locust Hill Market Value
$236,600
Median Middlesex County Market Value
$257,250
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Locust Hill, Middlesex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23092 | $66,620 | $136,300 | $236,600 | $390,500 | $567,360 |
Source: Ownwell
Property Tax Bills Across Locust Hill, Middlesex County, Virginia
Median Locust Hill Tax Bill
$1,443
Median Middlesex County Tax Bill
$1,577
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Locust Hill, Middlesex County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23092 | $397 | $822 | $1,443 | $2,383 | $3,436 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 1 |
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