Mears, Accomack County, Virginia Property Taxes

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

Median Mears, 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 Mears, VA home value: $52,950
Median annual Mears, VA tax bill: $315, $2,085 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack County calculated?

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

Last Updated March 1, 2025

Mears, 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

$277

$257

Ownwell’s Mears Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mears with just two data points. By entering your property's estimated assessed value, our calculator applies Mears’ 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 Mears, Accomack 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. Below, you can compare Mears’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

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

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23409	0.48%	0.48%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Mears, Accomack County, Virginia

When examining property taxes in Mears, 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 May. 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 Mears. For example, the median home price in Mears is $52,950, with tax bills ranging significantly across the county. Zip code 23409 has the highest median home price at $52,950.

Property Tax Assessment Values Across Mears, Accomack County, Virginia

Source: Ownwell

$28,700

$160,150

$291,600

Median Mears Market Value

$57,700

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 Mears, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23409	$22,270	$29,575	$57,700	$151,075	$196,470

Source: Ownwell

Property Tax Bills Across Mears, Accomack County, Virginia

In Mears, Accomack County, VA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Mears is $52,950. Homeowners in this region often face tax bills that vary significantly, with the 25th percentile at $175 and the 75th percentile reaching $695. Notably, the 90th percentile tax bill can climb to $906. These figures highlight the variability in tax burdens homeowners might experience. Compared to the national median property tax bill of $2,400, Mears residents generally pay less. However, even with lower bills, the impact on homeowners can be substantial, especially if property values increase or if assessments are inaccurate. Ownwell can assist homeowners in Mears by providing expert property tax appeal services. By reviewing assessments and identifying potential errors, Ownwell helps ensure that homeowners are not overpaying on their tax bills, potentially saving them hundreds of dollars annually. This service is crucial for maintaining affordability and financial stability for property owners.

Property Tax Bills Across Mears, Accomack County, Virginia

Source: Ownwell

$139

$702

$1,264

Median Mears Tax Bill

$279

Median Accomack County Tax Bill

$687

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Mears, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23409	$108	$143	$279	$731	$951

Source: Ownwell