Property Taxes in Lancaster, Virginia
Median Lancaster, Virginia effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Lancaster, Virginia home value: $73,600
Median annual Lancaster, Virginia tax bill: $486, $1,914 lower than the national median property tax bill of $2,400.
How are property taxes in Northumberland calculated?
Property taxes in Lancaster, 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 Lancaster's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lancaster, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lancaster Property Tax Calculator Work?
Use this Lancaster property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lancaster's median effective tax rate of 0.66% — based on actual property records in Northumberland County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lancaster'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 Lancaster: rates range from 0.66% in 22503 to 0.66% in 22503, 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 Lancaster.
About Lancaster Property Taxes
About Property Taxes in Lancaster, Northumberland, Virginia
Lancaster’s median effective property tax rate of 0.66% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Northumberland 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 Lancaster. Homeowners in the 22503 ZIP code carry a median effective rate of 0.66%, while those in the same ZIP also pay 0.66%. This spread reflects how school district boundaries and local assessment districts are drawn across Northumberland County. Understanding which part of Lancaster you live in can make a meaningful difference to your annual tax bill.
Lancaster 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 Lancaster, Northumberland 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 Lancaster'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 Lancaster Tax Rate
0.66%
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 Northumberland County Tax Rate
0.66%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Lancaster, Northumberland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22503 | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Lancaster, Northumberland County, Virginia
When examining property taxes in Lancaster, 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 Northumberland County assessment office 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:
In Northumberland County, assessment notices are sent in the spring each year. They'll 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. For example, the median home price in Lancaster is $73,600, with tax bills ranging significantly across the county. The median tax bill is $486, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Lancaster, Northumberland County, Virginia
Source: Ownwell
$73,600
$201,950
$330,300
Median Lancaster Market Value
$73,600
Median Northumberland County Market Value
$189,200
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Lancaster, Northumberland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22503 | $24,300 | $44,500 | $73,600 | $151,450 | $164,240 |
Source: Ownwell
Property Tax Bills Across Lancaster, Northumberland County, Virginia
Lancaster, Virginia Property Tax Bills
Property tax bills in Lancaster are based on the assessed value of a home and the local tax rate set for Northumberland County. For a home with a median value of $73,600, the bill reflects how local officials value the property for tax purposes, not what a homeowner originally paid for it. That assessed value is then multiplied by the tax rate to determine the amount due.
Several factors can affect the final bill, including the home’s market value, any exemptions that apply, and the specific tax rate in the area. In Lancaster, the median property tax bill is $486, while bills can range from $294 at the 25th percentile to $1,000 at the 75th percentile and $1,084 at the 90th percentile.
For homeowners, this means property taxes can vary widely even among similar homes, making it important to understand how assessments influence annual costs.
Median Lancaster Tax Bill
$486
Median Northumberland County Tax Bill
$1,227
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Lancaster, Northumberland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22503 | $160 | $294 | $486 | $1,000 | $1,084 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 5 |
Links | |
|---|---|
| Northumberland Tax Assessor | |
| Website | northumberland.cama.concisesystems.com |