Horntown, Accomack County, Virginia Property Taxes

Name: Property Tax Bills Across Horntown, Accomack County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Horntown, 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 Horntown, VA home value: $20,200
Median annual Horntown, VA tax bill: $120, $2,280 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

Property taxes in Horntown, 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 Horntown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Horntown, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Horntown, Accomack County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$138

$128

Ownwell’s Horntown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Horntown with just two data points. By entering your property's estimated assessed value, our calculator applies Horntown’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Accomack County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Horntown, Accomack County, Virginia

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 Horntown’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Horntown, located in Accomack County, maintains a property tax rate of 0.60%, which is significantly lower than the national median of 1.02%. This makes it an attractive location for property owners looking to minimize their tax burden. Despite the lower rate, the county ensures the provision of essential services, balancing fiscal responsibility with community needs. In comparison to other regions in Virginia, Horntown's rate is consistent, offering predictability for residents. Understanding these figures can help property owners make informed decisions about their investments and potential savings on property taxes.

Property Tax Rates Across Horntown, Accomack County, Virginia

Source: Ownwell

0.38%

0.44%

0.50%

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 Horntown Tax Rate

0.48%

Median Effective Accomack County Tax Rate

0.48%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Horntown, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23395	0.48%	0.48%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Horntown, Accomack County, Virginia

When examining property taxes in Horntown, 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 Accomack 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 Accomack 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 Horntown.

For example, the median home price in Horntown is $20,200, with tax bills ranging significantly across the county. ZIP code 23395 has the highest median home price at $20,200.

Property Tax Assessment Values Across Horntown, Accomack County, Virginia

Source: Ownwell

$28,700

$160,150

$291,600

Median Horntown Market Value

$28,700

Median Accomack County Market Value

$144,300

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Horntown, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23395	$16,800	$25,200	$28,700	$40,200	$88,430

Source: Ownwell

Property Tax Bills Across Horntown, Accomack County, Virginia

In Horntown, located in Accomack County, VA, property tax bills are calculated based on the assessed value of your home. This assessed value is a percentage of the market value, which is determined by the local tax assessor. The property tax rate is then applied to this assessed value to determine your annual tax bill. With a median home price of $20,200, property taxes can vary significantly. For instance, the tax bill at the 25th percentile is $89, while at the 75th percentile, it's $158, and the 90th percentile reaches $450. These numbers highlight the variability in tax bills depending on property value and assessment accuracy. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Horntown homeowners pay considerably less. However, ensuring your home is assessed accurately can still lead to savings. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering your tax bill by ensuring fair assessments and identifying eligible exemptions.

Property Tax Bills Across Horntown, Accomack County, Virginia

Source: Ownwell

$139

$702

$1,264

Median Horntown Tax Bill

$139

Median Accomack County Tax Bill

$687

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Horntown, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23395	$81	$122	$139	$195	$428

Source: Ownwell