Bacova, Bath County, Virginia Property Taxes

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

Median Bacova, 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 Bacova, VA home value: $100,900. Median annual Bacova, VA tax bill: $605, $1,795 lower than the national median property tax bill of $2,400.

How are property taxes in Bath County calculated?

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

Last Updated March 1, 2025

Bacova, Bath County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$611

$567

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

Property Tax Rates Across Bacova, Bath County, Virginia

Local government entities set tax rates, and these can vary significantly within a state. Each year, counties estimate their budgetary needs to provide essential services and then divide this by the total value of all taxable property within their 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 Bacova, located in Bath County, Virginia, the effective property tax rate offers a unique perspective compared to other cities in the state. With Virginia's median property tax rate standing at 0.60%, Bacova's rate aligns with the state median, providing a more favorable comparison to the national median property tax rate of 1.02%. This can make Bacova an attractive option for property owners seeking lower tax liabilities. Understanding how these rates are determined can help property owners in Bacova and beyond make informed decisions about their investments. Comparing Bacova's property tax rate to state and national averages highlights the potential financial advantages of owning property in this region.

Property Tax Rates Across Bacova, Bath County, Virginia

Source: Ownwell

0.60%

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 Bacova Tax Rate

0.60%

Median Effective Bath County Tax Rate

0.60%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bacova, Bath County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24412	0.60%	0.60%	0.60%	0.60%	0.60%

Source: Ownwell

Property Tax Assessment Values Across Bacova, Bath County, Virginia

When examining property taxes in Bacova, 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 Bath 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 Bath 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 Bacova. For example, the median home price in Bacova is $100,900, with tax bills ranging significantly across the county. 24412 has the highest median home price at $100,900.

Property Tax Assessment Values Across Bacova, Bath County, Virginia

Source: Ownwell

$101,900

$147,350

$192,800

Median Bacova Market Value

$101,900

Median Bath County Market Value

$145,800

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bacova, Bath County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24412	$83,530	$93,775	$101,900	$137,150	$170,360

Source: Ownwell

Property Tax Bills Across Bacova, Bath County, Virginia

In Bacova, Bath County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price here is $100,900, and property taxes are assessed accordingly. Homeowners in Bacova can expect a tax bill with a 25th percentile of $562, a 75th percentile of $815, and a 90th percentile of $1,008. Despite being lower than the national median property tax bill of $2,400, these costs can still impact homeowners significantly. Factors like home improvements and neighborhood developments can influence the assessed value, thereby affecting the tax bill. Ownwell assists homeowners by identifying potential errors in assessments and exploring eligible exemptions, which can lead to significant savings. By leveraging expert knowledge and local insight, Ownwell ensures homeowners are not overpaying on their property taxes, potentially saving hundreds of dollars annually. Whether it's through appealing an assessment or securing exemptions, Ownwell is dedicated to reducing the financial burden of property taxes.

Property Tax Bills Across Bacova, Bath County, Virginia

Source: Ownwell

$611

$855

$1,099

Median Bacova Tax Bill

$611

Median Bath County Tax Bill

$868

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Bacova, Bath County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24412	$501	$563	$611	$823	$1,022

Source: Ownwell