Fort Valley, Shenandoah County, Virginia Property Taxes
Median FORT VALLEY, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median FORT VALLEY, VA home value: $230,900
Median annual FORT VALLEY, VA tax bill: $1,366, $1,034 lower than the national median property tax bill of $2,400.
How are property taxes in Shenandoah calculated?
Property taxes in FORT VALLEY, 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 FORT VALLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORT VALLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fort Valley, Shenandoah County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.64%
Estimate Property Tax Bill
$1,654
$1,535
Property Tax Rates Across Fort Valley, Shenandoah County, Virginia
Local government entities determine tax rates, which can vary significantly within a state. This variation is due to the annual process where each county estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is the basic procedure followed each year.
In Fort Valley, located in Shenandoah County, the effective property tax rate stands at 0.60%, which is notably lower than the national median of 1.02%. This rate is consistent across the county, with both the highest and lowest median tax rates being the same. When compared to other cities in Virginia and the national landscape, Fort Valley’s property tax rate offers a more affordable option for property owners. The lower tax burden can lead to significant savings for homeowners, making Fort Valley an attractive place for those seeking to minimize their property tax expenses. By providing a competitive tax rate, Fort Valley stands out as a favorable location for property investment.
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 Fort Valley Tax Rate
0.64%
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 Shenandoah County Tax Rate
0.64%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fort Valley, Shenandoah County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22652 | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Fort Valley, Shenandoah County, Virginia
When examining property taxes in Fort Valley, 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 Shenandoah 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 Shenandoah 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 Fort Valley.
For example, the median home price in Fort Valley is $230,900, with tax bills ranging significantly across the county. The zip code 22652 has the highest median home price at $230,900.
Property Tax Assessment Values Across Fort Valley, Shenandoah County, Virginia
Source: Ownwell
$190,000
$237,675
$285,350
Median Fort Valley Market Value
$258,500
Median Shenandoah County Market Value
$229,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fort Valley, Shenandoah County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22652 | $56,550 | $161,650 | $258,500 | $362,100 | $516,250 |
Source: Ownwell
Property Tax Bills Across Fort Valley, Shenandoah County, Virginia
Median Fort Valley Tax Bill
$1,651
Median Shenandoah County Tax Bill
$1,468
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Fort Valley, Shenandoah County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22652 | $361 | $1,027 | $1,651 | $2,317 | $3,298 |
Source: Ownwell