Temperanceville, Accomack County, Virginia Property Taxes
Median TEMPERANCEVILLE, 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 TEMPERANCEVILLE, VA home value: $85,950
Median annual TEMPERANCEVILLE, VA tax bill: $511, $1,889 lower than the national median property tax bill of $2,400.
How are property taxes in Accomack calculated?
Property taxes in TEMPERANCEVILLE, 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 TEMPERANCEVILLE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in TEMPERANCEVILLE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Temperanceville, 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
$528
$490
Ownwell’s Temperanceville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Temperanceville with just two data points.
By entering your property's estimated assessed value, our calculator applies Temperanceville’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 Temperanceville, 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 Temperanceville’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
In Temperanceville, located in Accomack County, the effective property tax rate stands at 0.60%. This rate is notably lower than the national median property tax rate of 1.02%. For homeowners in Temperanceville, this means a less significant portion of their property's assessed value goes toward taxes compared to the average American homeowner. While the tax rate in Temperanceville aligns with the county's highest and lowest rates, it remains advantageous for residents when juxtaposed with broader state and national figures. The relatively low tax rate may contribute to making Temperanceville an attractive location for potential homebuyers looking for lower tax burdens.
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 Temperanceville 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 Temperanceville, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23442 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Temperanceville, Accomack County, Virginia
When examining property taxes in Temperanceville, 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 March. 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 Temperanceville.
For example, the median home price in Temperanceville is $85,950, with tax bills ranging significantly across the county. Zip code 23442 has the highest median home price at $85,950.
Property Tax Assessment Values Across Temperanceville, Accomack County, Virginia
Source: Ownwell
$28,700
$160,150
$291,600
Median Temperanceville Market Value
$110,050
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 Temperanceville, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23442 | $22,640 | $39,000 | $110,050 | $187,625 | $265,380 |
Source: Ownwell
Property Tax Bills Across Temperanceville, Accomack County, Virginia
In Temperanceville, located in Accomack County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $85,950, homeowners in this region experience a property tax bill that varies significantly, with values ranging from the 25th percentile at $228 to the 90th percentile at $1,201. Compared to the national median property tax bill of $2,400, Temperanceville homeowners generally pay less, reflecting the lower home values in the area.
For homeowners seeking to lower their property tax bills, Ownwell offers valuable services by identifying potential errors in assessments and exploring available exemptions. By appealing incorrect assessments and ensuring that homeowners receive all eligible exemptions, Ownwell can significantly reduce property tax burdens. This not only results in immediate savings but also contributes to long-term financial relief for homeowners navigating the complexities of property taxes.
Median Temperanceville Tax Bill
$529
Median Accomack County Tax Bill
$687
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Temperanceville, Accomack County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23442 | $110 | $189 | $529 | $908 | $1,284 |
Source: Ownwell