Deerfield, Bath County, Virginia Property Taxes
Median Deerfield, 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 Deerfield, VA home value: $205,150
Median annual Deerfield, VA tax bill: $1,114, $1,286 lower than the national median property tax bill of $2,400.
How are property taxes in Bath calculated?
Property taxes in Deerfield, 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 Deerfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Deerfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Deerfield, Bath County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$1,157
$1,073
Property Tax Rates Across Deerfield, Bath County, Virginia
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to provide services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core annual process.
Deerfield in Bath County, Virginia, has an effective property tax rate that aligns with the median rate for the state. Compared to the national median property tax rate of 1.02%, Virginia's rate is relatively lower. This can be an attractive aspect for homeowners considering the financial implications of property ownership.
In Virginia, property taxes can be a significant consideration for potential homeowners, and understanding these rates can aid in making informed decisions. Deerfield's rate provides a useful benchmark when comparing property tax rates across other cities in Virginia and the U.S. With property taxes being a critical part of homeownership costs, knowing how Deerfield's rate stacks up can be invaluable for current and prospective property owners.
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 Deerfield Tax Rate
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 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 Deerfield, Bath County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24432 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Deerfield, Bath County, Virginia
When examining property taxes in Deerfield, VA, 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 authority 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 May. 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 Deerfield. For example, the median home price in Deerfield is $205,150, with tax bills ranging significantly across the county. 24432 has the highest median home price at $205,150.
Property Tax Assessment Values Across Deerfield, Bath County, Virginia
Source: Ownwell
$101,900
$147,350
$192,800
Median Deerfield Market Value
$192,800
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 Deerfield, Bath County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24432 | $102,900 | $130,500 | $192,800 | $254,000 | $324,650 |
Source: Ownwell
Property Tax Bills Across Deerfield, Bath County, Virginia
In Deerfield, VA, property tax bills are calculated using the assessed value of a home and the local tax rate. The assessed value is determined by the county's property assessor, who evaluates the property's market value. In Bath County, where Deerfield is located, homeowners face a median property tax bill of $1,114. This is considerably lower than the national median property tax bill of $2,400, making it an attractive area for homeowners. However, the tax burden can vary significantly, with the 25th percentile tax bill at $792 and the 90th percentile reaching $1,910.
These variations depend on factors such as property location, size, and improvements. Homeowners in Deerfield can benefit from appealing their property's assessed value to ensure they aren't overpaying. This is where Ownwell comes in. With expertise in property tax appeals, Ownwell can help homeowners navigate the complexities of the assessment process, potentially reducing their tax burden and ensuring they pay only what is fair. By leveraging Ownwell's services, Deerfield homeowners can achieve significant savings on their property tax bills.
Median Deerfield Tax Bill
$1,099
Median Bath County Tax Bill
$868
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Deerfield, Bath County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24432 | $611 | $776 | $1,099 | $1,371 | $1,915 |
Source: Ownwell