Saxis, Accomack County, Virginia Property Taxes

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

Median Saxis, 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 Saxis, VA home value: $71,200
Median annual Saxis, VA tax bill: $424, $1,976 lower than the national median property tax bill of $2,400.

How are property taxes in Accomack calculated?

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

Last Updated March 1, 2025

Saxis, 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

$440

$408

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

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Saxis, located in Accomack County, Virginia, the effective property tax rate is notably lower than the national median. Virginia's median property tax rate is 0.60%, which is significantly below the national median property tax rate of 1.02%. This means that residents in Saxis generally pay less in property taxes compared to many other regions across the United States. This lower rate can be an attractive factor for potential property buyers or investors considering the area. Comparing Saxis to other cities in Virginia, the local tax rate remains consistent, reflecting the county's budgeting strategies and property value assessments. This consistency in property tax rates can provide a sense of stability and predictability for homeowners and investors alike.

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

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23427	0.48%	0.48%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Saxis, Accomack County, Virginia

When examining property taxes in Saxis, 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 Saxis. For example, the median home price in Saxis is $71,200, with tax bills ranging significantly across the county. Zip code 23427 has the highest median home price at $71,200.

Property Tax Assessment Values Across Saxis, Accomack County, Virginia

Source: Ownwell

$28,700

$160,150

$291,600

Median Saxis Market Value

$91,700

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 Saxis, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23427	$20,800	$43,150	$91,700	$142,550	$181,900

Source: Ownwell

Property Tax Bills Across Saxis, Accomack County, Virginia

In Saxis, located in Accomack County, Virginia, property tax bills are calculated based on the assessed value of a home, not its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Saxis, the median property tax bill is $424, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the area's median home price of $71,200, which is below the national average. Homeowners in Saxis, however, may still find their tax bills burdensome, especially if their assessed value does not accurately reflect their property's current market value. Here is where Ownwell can assist. By providing property tax appeal services, Ownwell helps homeowners ensure their property is fairly assessed, potentially lowering their tax bills. With expertise in navigating local tax laws and procedures, Ownwell can effectively advocate on behalf of homeowners, offering the possibility of significant savings on property tax bills.

Property Tax Bills Across Saxis, Accomack County, Virginia

Source: Ownwell

$139

$702

$1,264

Median Saxis Tax Bill

$444

Median Accomack County Tax Bill

$687

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Saxis, Accomack County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23427	$101	$209	$444	$690	$880

Source: Ownwell