Mc Kenney, Dinwiddie County, Virginia Property Taxes

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

Median MC KENNEY, VA effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median MC KENNEY, VA home value: $109,000
Median annual MC KENNEY, VA tax bill: $837, $1,563 lower than the national median property tax bill of $2,400.

How are property taxes in Dinwiddie calculated?

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

Last Updated March 1, 2025

Mc Kenney, Dinwiddie County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$906

$841

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

Property Tax Rates Across Mc Kenney, Dinwiddie County, Virginia

Local government entities set property tax rates, which can differ significantly within a state. This variation arises because each county, like Dinwiddie, estimates its necessary budget to provide public services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this annual process is a simplified explanation of how rates are determined. In MC KENNEY, located in Dinwiddie County, the effective property tax rate is 0.79%. This rate is notably lower than the national median property tax rate of 1.02% and aligns with the median rate for Virginia. Such a comparison highlights the relatively favorable property tax conditions for residents of MC KENNEY. Understanding these rates can be crucial for homeowners seeking to manage their property tax liabilities effectively.

Property Tax Rates Across Mc Kenney, Dinwiddie County, Virginia

Source: Ownwell

0.84%

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 Mc Kenney Tax Rate

0.84%

Median Effective Dinwiddie County Tax Rate

0.84%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mc Kenney, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23872	0.84%	0.84%	0.84%	0.84%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Mc Kenney, Dinwiddie County, Virginia

When examining property taxes in MC KENNEY, 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 Dinwiddie 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 Dinwiddie 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 MC KENNEY.

For example, the median home price in MC KENNEY is $109,000, with tax bills ranging significantly across the county. The zip code 23872 has the highest median home price at $109,000.

Property Tax Assessment Values Across Mc Kenney, Dinwiddie County, Virginia

Source: Ownwell

$92,200

$138,900

$185,600

Median Mc Kenney Market Value

$107,900

Median Dinwiddie County Market Value

$144,000

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mc Kenney, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23872	$45,970	$73,175	$107,900	$155,200	$212,402

Source: Ownwell

Property Tax Bills Across Mc Kenney, Dinwiddie County, Virginia

In MC Kenney, located in Dinwiddie County, VA, property tax bills are primarily determined by the assessed value of a home and the local tax rate set by the county. The median home price in this area is $109,000, which serves as a basis for calculating the tax bill. Factors influencing the tax bill include property size, location, and market trends. The median property tax bill here is $837, significantly lower than the national median of $2,400, reflecting a more affordable tax burden for homeowners in MC Kenney. However, even with relatively low tax bills, there are still opportunities for savings. Ownwell assists homeowners by reviewing assessments, identifying discrepancies, and filing appeals to ensure fair taxation. By leveraging expertise in property tax laws and market analysis, Ownwell can help reduce tax liabilities and maximize savings. Whether your tax bill falls at the 25th percentile of $460 or the 90th percentile of $1,849, Ownwell is committed to helping you achieve the lowest possible tax burden.

Property Tax Bills Across Mc Kenney, Dinwiddie County, Virginia

Source: Ownwell

$774

$1,158

$1,541

Median Mc Kenney Tax Bill

$906

Median Dinwiddie County Tax Bill

$1,200

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Mc Kenney, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23872	$330	$605	$906	$1,297	$1,766

Source: Ownwell