Ford, Amelia County, Virginia Property Taxes
Median FORD, VA effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median FORD, VA home value: $156,650
Median annual FORD, VA tax bill: $595, $1,805 lower than the national median property tax bill of $2,400.
How are property taxes in Amelia calculated?
Property taxes in FORD, 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 FORD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ford, Amelia County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.46%
Estimate Property Tax Bill
$739
$686
Property Tax Rates Across Ford, Amelia County, Virginia
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Ford, located in Amelia County, Virginia, the effective property tax rate is significantly lower than the national median rate of 1.02%. This lower rate can be attributed to Virginia's overall median property tax rate, which is among the lowest in the nation. Residents of Ford benefit from this favorable tax environment, which can lead to substantial savings compared to areas with higher tax rates. When compared to other cities in Virginia, Ford's tax rate remains competitive, providing an attractive option for property owners seeking to minimize their tax burden. This competitive rate, along with the services provided by the county, makes Ford a desirable location for homeowners who value both affordability and quality of life.
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 Ford Tax Rate
0.46%
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 Amelia County Tax Rate
0.46%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ford, Amelia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23850 | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Ford, Amelia County, Virginia
When examining property taxes in Ford, 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 Amelia 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 Amelia 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 Ford. For example, the median home price in Ford is $156,650, with tax bills ranging significantly across the county. Zip code 23850 has the highest median home price at $156,650.
Property Tax Assessment Values Across Ford, Amelia County, Virginia
Source: Ownwell
$119,750
$163,500
$207,250
Median Ford Market Value
$160,600
Median Amelia County Market Value
$196,450
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ford, Amelia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23850 | $45,320 | $122,600 | $160,600 | $271,300 | $348,380 |
Source: Ownwell
Property Tax Bills Across Ford, Amelia County, Virginia
In Ford, Virginia, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Amelia County, where Ford is located, homeowners face a median property tax bill of $595, significantly lower than the national median of $2,400. However, tax bills can vary, with the 25th percentile at $454 and the 90th percentile reaching $1,273. Factors influencing these differences include property size, location, and any applicable exemptions or deductions.
Ownwell assists homeowners in Ford by identifying opportunities for tax savings through appeals and exemptions, ensuring they aren't overpaying. By leveraging local expertise and understanding of tax regulations, Ownwell helps homeowners potentially reduce their tax bills, providing peace of mind and financial relief. With the right guidance, homeowners can better navigate the complexities of property tax assessments and secure their rightful savings.
Median Ford Tax Bill
$739
Median Amelia County Tax Bill
$904
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Ford, Amelia County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
23850 | $208 | $564 | $739 | $1,248 | $1,603 |
Source: Ownwell