Property Taxes in Orkney Springs, Virginia
Median Orkney Springs, Virginia effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Orkney Springs, Virginia home value: $190,000
Median annual Orkney Springs, Virginia tax bill: $1,132, lower than the national median property tax bill of $2,400.
How are property taxes in Shenandoah calculated?
Property taxes in Orkney Springs, 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 Orkney Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Orkney Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Orkney Springs Property Tax Calculator Work?
Use this Orkney Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Orkney Springs' median effective tax rate of 0.64% — based on actual property records in Shenandoah County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Orkney Springs' 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 Orkney Springs: rates range from 0.64% in 22845 to 0.64% in 22845, 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 Orkney Springs.
About Orkney Springs Property Taxes
About Property Taxes in Orkney Springs, Shenandoah, Virginia
Orkney Springs's median effective property tax rate of 0.64% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Shenandoah 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 Orkney Springs. Homeowners in the 22845 ZIP code carry a median effective rate of 0.64%, while those in the same ZIP pay 0.64%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Shenandoah County. Understanding which part of Orkney Springs you live in can make a meaningful difference to your annual tax bill.
Orkney Springs homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before June 1, 2026.
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 Orkney Springs, Shenandoah 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 Orkney Springs'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 ÷ 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 Orkney Springs 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
1.27%
Property Tax Rates Across Orkney Springs, Shenandoah County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22845 | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Orkney Springs, Shenandoah County, Virginia
When examining property taxes in Orkney Springs, 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 Shenandoah 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 Shenandoah County, assessment notices are sent in December each year. They'll typically reach your mailbox by the middle of December.
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 Orkney Springs is $190,000, with tax bills ranging from $832 at the 25th percentile to $2,602 at the 90th percentile. The median tax bill is $1,132, below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Orkney Springs, Shenandoah County, Virginia
Source: Ownwell
$190,000
$237,675
$285,350
Median Orkney Springs Market Value
$190,000
Median Shenandoah County Market Value
$229,400
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Orkney Springs, Shenandoah County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22845 | $76,580 | $137,500 | $190,000 | $285,900 | $410,260 |
Source: Ownwell
Property Tax Bills Across Orkney Springs, Shenandoah County, Virginia
Property tax bills in Orkney Springs are calculated by applying the local tax rate to a home’s assessed market value. For homeowners, the assessed value is the starting point, and the final bill depends on how that value compares with the rates set by the county and other local taxing authorities. Because property taxes are based on value, homes with higher market values generally face larger bills, while lower-valued homes usually owe less.
In Orkney Springs, the median home price is $190,000, and the median tax bill in ZIP code 22845 is $1,132. That sits below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can still vary widely, though, with the 25th percentile at $832 and the 75th percentile at $1,706. For homeowners, this means property taxes can have a meaningful impact on monthly housing costs and long-term affordability.
Property Tax Bills Across Orkney Springs, Shenandoah County, Virginia
Source: Ownwell
$1,132
$1,479
$1,826
Median Orkney Springs Tax Bill
$1,132
Median Shenandoah County Tax Bill
$1,468
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Orkney Springs, Shenandoah County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22845 | $423 | $832 | $1,132 | $1,706 | $2,602 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 23 |
Links | |
|---|---|
| Shenandoah Tax Assessor | |
| Website | www.actdatascout.com |