Hiltons, Scott County, Virginia Property Taxes
Median Hiltons, VA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Hiltons, VA home value: $115,250
Median annual Hiltons, VA tax bill: $893, $1,507 lower than the national median property tax bill of $2,400.
How are property taxes in Scott County calculated?
Property taxes in Hiltons, 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 Hiltons’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hiltons, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hiltons, Scott County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$890
$826
Property Tax Rates Across Hiltons, Scott 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 Hiltons, located in Scott County, Virginia, the effective property tax rate stands at 0.77%. This rate is notably lower than the national median property tax rate of 1.02%. Within Virginia, Hiltons shares this rate uniformly across the county, indicating a consistent approach to property tax assessments in the area. Compared to the national median property tax bill of $2,400, residents in Hiltons may potentially benefit from lower property tax obligations due to the county's efficient budgeting and tax rate determination process. Understanding these tax dynamics can be crucial for property owners looking to manage their expenses effectively.
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 Hiltons Tax Rate
0.77%
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 Scott County Tax Rate
0.77%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hiltons, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Hiltons, Scott County, Virginia
When examining property taxes in Hiltons, 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 Scott 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 Scott County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hiltons. For example, the median home price in Hiltons is $115,250, with tax bills ranging significantly across the county. Zip code 24258 has the highest median home price at $115,250.
Property Tax Assessment Values Across Hiltons, Scott County, Virginia
Source: Ownwell
$52,550
$84,075
$115,600
Median Hiltons Market Value
$115,600
Median Scott County Market Value
$96,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hiltons, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | $40,120 | $76,300 | $115,600 | $178,400 | $246,040 |
Source: Ownwell
Property Tax Bills Across Hiltons, Scott County, Virginia
Median Hiltons Tax Bill
$864
Median Scott County Tax Bill
$722
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Hiltons, Scott County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | $296 | $557 | $864 | $1,351 | $1,879 |
Source: Ownwell