Mappsville, Accomack County, Virginia Property Taxes

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

Median Mappsville, 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 Mappsville, VA home value: $64,600
Median annual Mappsville, VA tax bill: $384, $2,016 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

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

Last Updated March 1, 2025

Mappsville, 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

$404

$375

Ownwell’s Mappsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mappsville with just two data points. By entering your property's estimated assessed value, our calculator applies Mappsville’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 Mappsville, Accomack County, Virginia

Local government entities in Virginia, like those in other states, establish tax rates that can differ significantly across regions. This variation is due to each county's annual budgetary needs, which are met by dividing the required funds by the total assessed value of all taxable properties within the county. This calculation determines the property tax rate. While the process involves votes and legislation, this is the basic approach used each year. In Mappsville, located in Accomack County, the effective property tax rate reflects the county's financial requirements and property values. When compared to other cities in Virginia and the national median, Mappsville's rate provides insight into how local tax obligations align with broader trends. Understanding these differences can help property owners anticipate their tax responsibilities and make informed decisions about property investments.

Property Tax Rates Across Mappsville, 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 Mappsville 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 Mappsville, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23407	0.48%	0.48%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Mappsville, Accomack County, Virginia

When examining property taxes in Mappsville, 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 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 Mappsville.

For example, the median home price in Mappsville is $64,600, with tax bills ranging significantly across the county. Zip code 23407 has the highest median home price at $64,600.

Property Tax Assessment Values Across Mappsville, Accomack County, Virginia

Source: Ownwell

$28,700

$160,150

$291,600

Median Mappsville Market Value

$84,200

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 Mappsville, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23407	$30,800	$40,350	$84,200	$133,600	$173,200

Source: Ownwell

Property Tax Bills Across Mappsville, Accomack County, Virginia

In Mappsville, located in Accomack County, VA, property tax bills are determined by applying the local tax rate to the assessed value of a home. With a median home price of $64,600, the property tax bill can vary significantly depending on the assessed value. Homeowners in Mappsville can expect their tax bills to fall around the 25th percentile at $227, the 75th percentile at $540, and the 90th percentile at $810. Comparatively, the national median property tax bill is $2,400, highlighting a more favorable tax environment in Mappsville. However, even within this range, homeowners can benefit from a property tax appeal to ensure they are not overpaying. Ownwell offers specialized services to help homeowners in Mappsville reduce their property tax bills. By analyzing property assessments and identifying potential errors or discrepancies, Ownwell can assist in filing appeals and securing exemptions, ultimately leading to savings. This ensures homeowners only pay their fair share and can allocate their resources more efficiently.

Property Tax Bills Across Mappsville, Accomack County, Virginia

Source: Ownwell

$139

$702

$1,264

Median Mappsville Tax Bill

$408

Median Accomack County Tax Bill

$687

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Mappsville, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23407	$149	$195	$408	$647	$838

Source: Ownwell