Warm Springs, Bath County, Virginia Property Taxes
Median Warm Springs, 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 Warm Springs, VA home value: $153,200
Median annual Warm Springs, VA tax bill: $887, $1,513 lower than the national median property tax bill of $2,400.
How are property taxes in Bath County calculated?
Property taxes in Warm Springs, 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 Warm Springs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Warm Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Warm Springs, 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
$927
$860
Property Tax Rates Across Warm Springs, Bath County, Virginia
Local government entities determine tax rates, which can differ significantly within a state. This is because each county annually calculates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core of the annual process.
In Warm Springs, located in Bath County, VA, the effective property tax rate is 0.60%, which is notably lower than the national median of 1.02%. This lower rate can be an attractive factor for property owners, as it translates to a smaller tax bill compared to the national median property tax bill of $2400. When comparing Warm Springs to other cities in Virginia, it stands out for its favorable tax rate. This makes it an appealing location for those looking to reduce their property tax burden while benefiting from the services funded by these taxes.
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 Warm Springs 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 Warm Springs, Bath County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24484 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Warm Springs, Bath County, Virginia
When examining property taxes in Warm Springs, 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 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 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 Warm Springs. For example, the median home price in Warm Springs is $153,200, with tax bills ranging significantly across the county. Zip code 24484 has the highest median home price at $153,200.
Property Tax Assessment Values Across Warm Springs, Bath County, Virginia
Source: Ownwell
$101,900
$147,350
$192,800
Median Warm Springs Market Value
$154,500
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 Warm Springs, Bath County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24484 | $51,460 | $95,350 | $154,500 | $263,200 | $460,060 |
Source: Ownwell
Property Tax Bills Across Warm Springs, Bath County, Virginia
Median Warm Springs Tax Bill
$905
Median Bath County Tax Bill
$868
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Warm Springs, Bath County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
24484 | $303 | $567 | $905 | $1,560 | $2,612 |
Source: Ownwell