Rileyville, Page County, Virginia Property Taxes
Median Rileyville, 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 Rileyville, VA home value: $167,200
Median annual Rileyville, VA tax bill: $1,189, $1,211 lower than the national median property tax bill of $2,400.
How are property taxes in Page County calculated?
Property taxes in Rileyville, 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 Rileyville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rileyville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rileyville, 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
$1,221
$1,133
Property Tax Rates Across Rileyville, Page County, Virginia
Local government entities determine tax rates, which can vary significantly within a state. This variation arises because each county estimates its annual budget needs 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 votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Rileyville, located in Page County, Virginia, the effective property tax rate stands at 0.73%. This rate is notably lower than the national median property tax rate of 1.02%. Comparing it to other cities in Virginia, Rileyville's rate reflects a more affordable property tax environment. This lower rate can be an attractive factor for homeowners seeking to reduce their annual property tax bills, which nationally average around $2,400. The lower tax rate in Rileyville not only eases the financial burden on homeowners but also makes the area appealing for potential property buyers looking for a cost-effective place to settle.
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 Rileyville 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
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rileyville, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22650 | 0.57% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Rileyville, Page County, Virginia
When examining property taxes in Rileyville, 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 Rileyville.
For example, the median home price in Rileyville is $167,200, with tax bills ranging significantly across the county. Zip code 22650 has the highest median home price at $167,200.
Property Tax Assessment Values Across Rileyville, Page County, Virginia
Source: Ownwell
$127,400
$150,600
$173,800
Median Rileyville Market Value
$167,200
Median Page County Market Value
$163,200
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rileyville, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22650 | $60,440 | $105,075 | $167,200 | $247,250 | $351,430 |
Source: Ownwell
Property Tax Bills Across Rileyville, Page County, Virginia
In Rileyville, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which can fluctuate based on real estate trends and local government assessments. Homeowners in Rileyville face a median tax bill significantly below the national median of $2,400, with amounts ranging from $697 at the 25th percentile to $2,348 at the 90th percentile. This variation highlights the impact of home value and assessment accuracy on tax obligations.
Ownwell assists homeowners by reviewing property assessments to identify potential inaccuracies that could lead to inflated tax bills. By filing appeals and seeking exemptions, Ownwell helps ensure that homeowners pay only their fair share. This service can be particularly beneficial in areas like Rileyville, where property values and assessments can vary widely. With expert guidance, homeowners can potentially save hundreds or even thousands of dollars on their property taxes, easing the financial burden and enhancing their investment's value.
Median Rileyville Tax Bill
$1,190
Median Page County Tax Bill
$1,159
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Rileyville, Page County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22650 | $311 | $712 | $1,190 | $1,760 | $2,408 |
Source: Ownwell