Topping, Middlesex County, Virginia Property Taxes

Name: Property Tax Bills Across Topping, Middlesex County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Topping, 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 Topping, VA home value: $206,750
Median annual Topping, VA tax bill: $1,242, $1,158 lower than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

Property taxes in Topping, 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 Topping’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Topping, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Topping, Middlesex County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,283

$1,190

Ownwell’s Topping Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Topping with just two data points. By entering your property's estimated assessed value, our calculator applies Topping’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Middlesex County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Topping, Middlesex County, Virginia

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 Topping’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Virginia's median property tax rate stands at 0.61%, which is considerably lower than the national median of 1.02%. This means that property owners in Topping benefit from more affordable property tax bills compared to many other regions across the country. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By appealing your property taxes or seeking exemptions, you can potentially lower your financial burden even further.

Property Tax Rates Across Topping, Middlesex County, Virginia

Source: Ownwell

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 Topping Tax Rate

0.61%

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 Topping, Middlesex County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23169	0.61%	0.61%	0.61%	0.61%	0.61%

Source: Ownwell

Property Tax Assessment Values Across Topping, Middlesex County, Virginia

When examining property taxes in Topping, 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 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 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 Topping. For example, the median home price in Topping is $206,750, with tax bills ranging significantly across the county. Zip code 23169 has the highest median home price at $206,750.

Property Tax Assessment Values Across Topping, Middlesex County, Virginia

Source: Ownwell

$163,000

$240,375

$317,750

Median Topping Market Value

$210,250

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 Topping, Middlesex County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23169	$55,400	$131,225	$210,250	$326,450	$458,230

Source: Ownwell

Property Tax Bills Across Topping, Middlesex County, Virginia

Property tax bills in Topping, located in Middlesex County, VA, are determined by assessing the property's market value and applying the local tax rate. Homeowners in this area face a median property tax bill of $1,242, which is below the national median of $2,400. Property tax bills can vary significantly, with the 25th percentile at $753 and the 90th percentile reaching $2,788. This variation is influenced by factors such as the property's assessed value and any applicable exemptions. For homeowners, understanding these factors is crucial as they directly impact the annual tax burden.

Ownwell offers valuable assistance to homeowners aiming to reduce their property tax bills. By leveraging expertise in property tax appeals and exemptions, Ownwell can help identify potential savings and ensure that homeowners are not overpaying. With a strategic approach to appealing property assessments, Ownwell can make a significant difference in reducing the financial strain of property taxes, allowing homeowners in Topping to enjoy more savings.

Property Tax Bills Across Topping, Middlesex County, Virginia

Source: Ownwell

$994

$1,466

$1,938

Median Topping Tax Bill

$1,294

Median Middlesex County Tax Bill

$1,577

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Topping, Middlesex County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23169	$338	$800	$1,294	$2,040	$2,921

Source: Ownwell