Kents Store, Fluvanna County, Virginia Property Taxes
Median Kents Store, 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 Kents Store, VA home value: $222,700
Median annual Kents Store, VA tax bill: $1,886, $514 lower than the national median property tax bill of $2,400.
How are property taxes in Fluvanna calculated?
Property taxes in Kents Store, 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 Kents Store’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kents Store, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kents Store, 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
$1,921
$1,782
Property Tax Rates Across Kents Store, Fluvanna County, Virginia
Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this annual calculation is the core of how rates are determined.
In Kents Store, located in Fluvanna County, the effective property tax rate offers a point of comparison to other cities within Virginia. The median property tax rate in Virginia is notably lower than the national median of 1.02%, reflecting the diverse economic landscape across the state. By understanding these rates, property owners can better assess their tax obligations compared to the national median property tax bill of $2400. This understanding is crucial for navigating the complexities of property taxation and making informed financial decisions.
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 Kents Store 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 Kents Store, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23084 | 0.65% | 0.84% | 0.84% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Kents Store, Fluvanna County, Virginia
When examining property taxes in Kents Store, 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 Kents Store.
For example, the median home price in Kents Store is $222,700, with tax bills ranging significantly across the county. Zip code 23084 has the highest median home price at $222,700.
Property Tax Assessment Values Across Kents Store, Fluvanna County, Virginia
Source: Ownwell
$138,400
$274,050
$409,700
Median Kents Store Market Value
$228,650
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 Kents Store, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23084 | $111,090 | $150,800 | $228,650 | $337,975 | $492,120 |
Source: Ownwell
Property Tax Bills Across Kents Store, Fluvanna County, Virginia
In Kents Store, Fluvanna County, VA, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and represents a percentage of the property's market value. Homeowners in Kents Store face a median property tax bill of $1,886, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,204 and the 90th percentile reaching $4,063. These variations depend on factors such as property size, location, and improvements.
High property taxes can be a burden on homeowners, impacting their financial stability. This is where Ownwell comes in. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners potentially lower their tax bills. Our consultants ensure that properties are fairly assessed, identifying discrepancies and advocating for reductions. This tailored approach not only saves money but also provides peace of mind, allowing homeowners to focus on what truly matters.
Median Kents Store Tax Bill
$1,859
Median Fluvanna County Tax Bill
$2,099
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Kents Store, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23084 | $925 | $1,204 | $1,859 | $2,578 | $3,608 |
Source: Ownwell