Quinby, Accomack County, Virginia Property Taxes
Median Quinby, 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 Quinby, VA home value: $83,250
Median annual Quinby, VA tax bill: $495, $1,905 lower than the national median property tax bill of $2,400.
How are property taxes in Accomack calculated?
Property taxes in Quinby, 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 Quinby’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Quinby, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Quinby, Accomack County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$523
$486
Property Tax Rates Across Quinby, Accomack County, Virginia
Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each county annually determines its necessary budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Quinby, located in Accomack County, Virginia, the effective property tax rate can be compared to other cities within the state and against the median property tax rates in Virginia and the U.S. Notably, Quinby’s effective property tax rate is quite competitive when compared to the national median property tax rate of 1.02%. This can be advantageous for property owners seeking to maximize their investment returns while keeping tax liabilities manageable. Understanding these dynamics can help property owners make informed decisions about their investments and potential tax savings. By evaluating how Quinby's rate aligns with broader trends, property owners can better navigate the complexities of property tax assessments and optimize their financial planning.
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 Quinby Tax Rate
0.48%
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 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 Quinby, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23423 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Quinby, Accomack County, Virginia
When examining property taxes in Quinby, 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 Quinby. For example, the median home price in Quinby is $83,250, with tax bills ranging significantly across the county. Zip code 23423 has the highest median home price at $83,250.
Property Tax Assessment Values Across Quinby, Accomack County, Virginia
Source: Ownwell
$28,700
$160,150
$291,600
Median Quinby Market Value
$109,000
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 Quinby, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23423 | $19,600 | $56,950 | $109,000 | $169,350 | $246,900 |
Source: Ownwell
Property Tax Bills Across Quinby, Accomack County, Virginia
Median Quinby Tax Bill
$528
Median Accomack County Tax Bill
$687
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Quinby, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23423 | $95 | $276 | $528 | $820 | $1,195 |
Source: Ownwell