Luray, Page County, Virginia Property Taxes
Median Luray, VA effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Luray, VA home value: $171,600
Median annual Luray, VA tax bill: $1,197, $1,203 lower than the national median property tax bill of $2,400.
How are property taxes in Page County calculated?
Property taxes in Luray, 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 Luray’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Luray, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Luray, Page County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,253
$1,162
Property Tax Rates Across Luray, Page County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
In Luray, located in Page County, Virginia, the effective property tax rate is 0.73%. This rate is notably lower than the national median property tax rate of 1.02%. Such a comparatively low tax rate can be appealing to homeowners looking to reduce their annual property tax bills. With the national median property tax bill at $2,400, residents in Luray can potentially enjoy significant savings. The consistency in the tax rate across Luray suggests a stable and predictable tax environment, making it an attractive option for property owners. As you consider your property tax obligations, understanding these local nuances can provide a clearer picture of potential savings and the benefits of residing in Luray.
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 Luray Tax Rate
0.73%
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 Page County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Luray, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22835 | 0.63% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Luray, Page County, Virginia
When examining property taxes in Luray, 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 Page 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 Page 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 Luray.
For example, the median home price in Luray is $171,600, with tax bills ranging significantly across the county. The zip code 22835 has the highest median home price at $171,600.
Property Tax Assessment Values Across Luray, Page County, Virginia
Source: Ownwell
$126,800
$149,200
$171,600
Median Luray Market Value
$171,600
Median Page County Market Value
$161,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Luray, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22835 | $80,210 | $121,500 | $171,600 | $242,400 | $337,200 |
Source: Ownwell
Property Tax Bills Across Luray, Page County, Virginia
Median Luray Tax Bill
$1,197
Median Page County Tax Bill
$1,133
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Luray, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22835 | $423 | $838 | $1,197 | $1,707 | $2,352 |
Source: Ownwell