Oak Hall, Accomack County, Virginia Property Taxes

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

Median OAK HALL, 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 OAK HALL, VA home value: $67,700
Median annual OAK HALL, VA tax bill: $403, $1,997 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

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

Last Updated March 1, 2025

Oak Hall, 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

$409

$380

Ownwell’s OAK HALL Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in OAK HALL with just two data points. By entering your property's estimated assessed value, our calculator applies OAK HALL’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Oak Hall, Accomack County, Virginia

Local government entities are responsible for setting tax rates, and these can differ significantly within a state. Each county estimates its required budget for services annually and divides that by the total value of all taxable property in its area, resulting in the property tax rate. This process, though influenced by votes and laws, is essentially the annual procedure. In OAK HALL, located in Accomack County, VA, the effective property tax rate is 0.60%. This rate is notably lower than the national median property tax rate of 1.02%. Such a low rate can be beneficial for property owners, offering significant savings compared to other regions. In comparison, the median property tax rate in Virginia is also 0.60%, indicating uniformity within the state. However, when compared to other states, Virginia's rate remains competitive, making it an attractive option for potential homeowners. Understanding these differences can help property owners make informed decisions about where to buy or invest in real estate.

Property Tax Rates Across Oak Hall, 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 Oak Hall 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 Oak Hall, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23416	0.48%	0.48%	0.48%	0.48%	0.48%
23396	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Oak Hall, Accomack County, Virginia

When examining property taxes in OAK HALL, 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 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 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 OAK HALL.

For example, the median home price in OAK HALL is $67,700, with tax bills ranging significantly across the county. 23416 has the highest median home price at $67,700.

Property Tax Assessment Values Across Oak Hall, Accomack County, Virginia

Source: Ownwell

$28,700

$160,150

$291,600

Median Oak Hall Market Value

$85,300

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 Oak Hall, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23416	$24,000	$38,575	$84,650	$146,925	$206,050
23396	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Oak Hall, Accomack County, Virginia

In Oak Hall, located in Accomack County, VA, property tax bills are calculated based on the assessed value of a home. This value is determined by the local tax assessor, who considers factors such as the property's size, location, and condition. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In Oak Hall, the median tax bill is $403, significantly lower than the national median property tax bill of $2,400. Homeowners in Oak Hall benefit from this lower tax rate, but it is essential to ensure that their property is assessed accurately to avoid overpayment. Ownwell assists homeowners by reviewing their property assessments and identifying potential discrepancies. By appealing inaccurate assessments and securing eligible exemptions, Ownwell helps homeowners reduce their property tax bills, ensuring they pay only their fair share. This service can be particularly beneficial for those in Oak Hall, where even a small reduction in the tax rate can lead to significant savings.

Property Tax Bills Across Oak Hall, Accomack County, Virginia

Source: Ownwell

$139

$702

$1,264

Median Oak Hall Tax Bill

$413

Median Accomack County Tax Bill

$687

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Oak Hall, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23416	$116	$187	$410	$711	$997
23396	N/A	N/A	N/A	N/A	N/A

Source: Ownwell