Bremo Bluff, Fluvanna County, Virginia Property Taxes
Median BREMO BLUFF, VA effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median BREMO BLUFF, VA home value: $129,900
Median annual BREMO BLUFF, VA tax bill: $1099, $1301 lower than the national median property tax bill of $2,400.
How are property taxes in Fluvanna calculated?
Property taxes in BREMO BLUFF, 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 BREMO BLUFF’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BREMO BLUFF, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bremo Bluff, Fluvanna County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$1,163
$1,079
Property Tax Rates Across Bremo Bluff, Fluvanna County, Virginia
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties like Fluvanna estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the essence of the annual process.
In Bremo Bluff, located in Fluvanna County, the effective property tax rate is 0.84%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing this rate to other cities within Virginia, Bremo Bluff's rate is consistent with the state’s median, offering residents a more favorable tax environment compared to other regions in the U.S. By understanding these dynamics, property owners in Bremo Bluff can better navigate their tax responsibilities and potentially seek appeals or exemptions to further reduce their tax burden.
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 Bremo Bluff Tax Rate
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 Fluvanna County Tax Rate
0.84%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bremo Bluff, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23022 | 0.80% | 0.84% | 0.84% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Bremo Bluff, Fluvanna County, Virginia
When examining property taxes in Bremo Bluff, 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 Fluvanna 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 Fluvanna 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 Bremo Bluff. For example, the median home price in Bremo Bluff is $129,900, with tax bills ranging significantly across the county. Zip code 23022 has the highest median home price at $129,900.
Property Tax Assessment Values Across Bremo Bluff, Fluvanna County, Virginia
Source: Ownwell
$138,400
$274,050
$409,700
Median Bremo Bluff Market Value
$138,400
Median Fluvanna County Market Value
$253,300
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bremo Bluff, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23022 | $73,820 | $104,650 | $138,400 | $192,950 | $311,320 |
Source: Ownwell
Property Tax Bills Across Bremo Bluff, Fluvanna County, Virginia
Median Bremo Bluff Tax Bill
$1,145
Median Fluvanna County Tax Bill
$2,099
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Bremo Bluff, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23022 | $611 | $860 | $1,145 | $1,581 | $2,188 |
Source: Ownwell