Hiltons, Washington County, Virginia Property Taxes
Median Hiltons, 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 Hiltons, VA home value: $95,500
Median annual Hiltons, VA tax bill: $573, $1,827 lower than the national median property tax bill of $2,400.
How are property taxes in Washington 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, Washington County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$573
$532
Property Tax Rates Across Hiltons, Washington County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
Hiltons in Washington County, VA, offers a unique perspective on property tax rates. The effective property tax rate here is 0.60%, which is significantly lower than the national median of 1.02%. This can make owning property in Hiltons more attractive compared to other areas with higher rates. For instance, with a national median property tax bill of $2,400, residents in Hiltons may find themselves paying considerably less, enhancing the appeal of property ownership in this area.
Comparing Hiltons' effective property tax rate to other cities in Virginia and the median property tax rates in the state and the U.S. provides valuable insight into the local real estate landscape, allowing property owners and potential buyers to make informed decisions.
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
0.60%
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 Washington County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hiltons, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | 0.35% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Hiltons, Washington County, Virginia
When examining property taxes in Hiltons, 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 Washington 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 Washington 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 Hiltons.
For example, the median home price in Hiltons is $95,500, with tax bills ranging significantly across the county. Zip code 24258 has the highest median home price at $95,500.
Property Tax Assessment Values Across Hiltons, Washington County, Virginia
Source: Ownwell
$70,700
$129,350
$188,000
Median Hiltons Market Value
$95,500
Median Washington County Market Value
$132,200
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hiltons, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | $14,500 | $48,500 | $95,500 | $196,050 | $270,680 |
Source: Ownwell
Property Tax Bills Across Hiltons, Washington County, Virginia
Median Hiltons Tax Bill
$573
Median Washington County Tax Bill
$753
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Hiltons, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24258 | $120 | $302 | $573 | $909 | $1,157 |
Source: Ownwell