Property Taxes in Faber, Virginia
Median Faber, Virginia effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Faber, Virginia home value: $155,600
Median annual Faber, Virginia tax bill: $954, lower than the national median property tax bill of $2,400.
How are property taxes in Nelson calculated?
Property taxes in Faber, 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 Faber's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Faber, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Faber Property Tax Calculator Work?
Use this Faber property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Faber's median effective tax rate of 0.65% — based on actual property records in Nelson 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 Faber'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 Faber: rates range from 0.65% in 22938 to 0.65% in 22938, 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 Faber.
About Faber Property Taxes
About Property Taxes in Faber, Nelson, Virginia
Faber’s median effective property tax rate of 0.65% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Nelson 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 Faber. Homeowners in the 22938 ZIP code carry a median effective rate of 0.65%, while those in the same ZIP pay 0.65%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Nelson County. Understanding where you live in Faber can make a meaningful difference to your annual tax bill.
Faber homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 15, 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 Faber, Nelson 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 Faber'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 Faber Tax Rate
0.65%
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 Nelson County Tax Rate
0.65%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Faber, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22938 | 0.43% | 0.65% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Faber, Nelson County, Virginia
When examining property taxes in Faber, 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 Nelson County assessor 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 November.
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. In Faber, the median home price is $155,600, and the median tax bill is $954, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. The highest median home price is in 22938 at $155,600.
Property Tax Assessment Values Across Faber, Nelson County, Virginia
Source: Ownwell
$37,500
$182,050
$326,600
Median Faber Market Value
$155,600
Median Nelson County Market Value
$146,400
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Faber, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22938 | $21,990 | $46,225 | $155,600 | $314,275 | $493,330 |
Source: Ownwell
Property Tax Bills Across Faber, Nelson County, Virginia
How are property tax bills calculated in Faber, Nelson County, Virginia?
Property tax bills in Faber are based on the assessed value of a home, which is compared with local tax rates set by the county. When a property’s market value changes, the assessed value can change too, and that affects the final tax bill. For a home with a median value of $155,600, the bill homeowners receive depends on how that value is assessed and how the local rate is applied.
What factors affect the amount homeowners pay?
Location within the county, property characteristics, and any changes in market value can all influence the assessed amount. In Faber, the 25th percentile tax bill is $261, while the 75th percentile is $1,890 and the 90th percentile is $2,591. The median tax bill in ZIP code 22938 is $954, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
How does this affect homeowners?
Because property taxes are tied to assessed value, even modest increases can raise annual costs and affect household budgets.
Median Faber Tax Bill
$954
Median Nelson County Tax Bill
$909
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Faber, Nelson County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22938 | $103 | $261 | $954 | $1,890 | $2,591 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 15 |
Links | |
|---|---|
| Nelson Tax Assessor | |
| Website | www.nelsoncountygis.org |