Gladstone, Buckingham County, Virginia Property Taxes
Property Taxes in Gladstone, Virginia
Median Gladstone, Virginia effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Gladstone, Virginia home value: $109,100
Median annual Gladstone, Virginia tax bill: $655, $1,745 lower than the national median property tax bill of $2,400.
How are property taxes in Buckingham calculated?
Property taxes in Gladstone, Virginia 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 Gladstone's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gladstone, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Gladstone, Buckingham County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$655
$607
How Does the Gladstone Property Tax Calculator Work?
Use this Gladstone property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gladstone's median effective tax rate of 0.60% — based on actual property records in Buckingham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Gladstone's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Gladstone: rates range from 0.60% in 24553 to 0.60% in 24553, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Gladstone.
About Gladstone Property Taxes
About Property Taxes in Gladstone, Buckingham, Virginia
Gladstone’s median effective property tax rate of 0.60% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Buckingham County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Gladstone. Homeowners in ZIP code 24553 carry a median effective rate of 0.60%, while those in the same ZIP code also pay 0.60%. This spread reflects how school district boundaries and local assessment districts are drawn across Buckingham County. Understanding which part of Gladstone you live in can make a meaningful difference to your annual tax bill.
Gladstone homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Gladstone, Buckingham County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Gladstone's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Gladstone 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 Buckingham County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gladstone, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Gladstone, Buckingham County, Virginia
When examining property taxes in Gladstone, 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. Buckingham County 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.
Assessment notices:
In Buckingham County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of November.
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. For context, Gladstone’s median home price is $109,100, while the median tax bill is $655. That is well below the national median property tax rate of 1.02% and national median property tax bill of $2,400. The highest median home price in the area is in 24553 at $109,100.
Property Tax Assessment Values Across Gladstone, Buckingham County, Virginia
Source: Ownwell
$91,650
$124,825
$158,000
Median Gladstone Market Value
$109,100
Median Buckingham County Market Value
$108,300
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gladstone, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | $27,190 | $63,125 | $109,100 | $164,025 | $234,200 |
Source: Ownwell
Property Tax Bills Across Gladstone, Buckingham County, Virginia
Gladstone property tax bills are calculated by applying the local tax rate to the assessed value of a home. The assessed value is based on the market value of the property, so changes in home prices can affect what homeowners owe each year. For Gladstone homeowners, the median home price is $109,100, which helps explain how tax bills are determined in the area.
Several factors can influence the final bill, including the property’s assessed value, local tax rates, and any exemptions that may apply. In Gladstone, the median property tax bill is $655, with bills ranging from $379 at the 25th percentile to $984 at the 75th percentile and $1,405 at the 90th percentile. That means some homeowners pay far more than others depending on how their home is assessed.
Because property taxes are tied to value, homeowners with rising assessments may see higher bills even if they have not made major changes to their property.
Median Gladstone Tax Bill
$655
Median Buckingham County Tax Bill
$644
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Gladstone, Buckingham County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24553 | $163 | $379 | $655 | $984 | $1,405 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Buckingham Tax Assessor | |
| Website | buckingham.interactivegis.com |