Massies Mill, Nelson County, Virginia Property Taxes
Median Massies Mill, VA effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Massies Mill, VA home value: $167,800. Median annual Massies Mill, VA tax bill: $1,004, $1,396 lower than the national median property tax bill of $2,400.
How are property taxes in Nelson County calculated?
Property taxes in Massies Mill, 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 Massies Mill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Massies Mill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Massies Mill, Nelson County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$1,004
$931
Ownwell’s Massies Mill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Massies Mill with just two data points.
By entering your property's estimated assessed value, our calculator applies Massies Mill’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 Nelson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Massies Mill, Nelson County, Virginia
Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each year, counties estimate their required budget to provide essential services and then divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds annually.
In MASSIES MILL, located in Nelson County, VA, the effective property tax rate offers an interesting comparison to other cities in Virginia and the broader U.S. While the national median property tax rate stands at 1.02%, MASSIES MILL's rate is significantly lower. This positions MASSIES MILL favorably for property owners seeking relief from high tax bills. With the national median property tax bill at $2,400, property owners in MASSIES MILL may find themselves with more manageable expenses. This makes the area an attractive option for those looking to optimize their property tax obligations while enjoying the benefits of Virginia's scenic beauty and community services.
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 Massies Mill Tax Rate
0.65%
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 Nelson County Tax Rate
0.65%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Massies Mill, Nelson County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22967 | 0.33% | 0.65% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Massies Mill, Nelson County, Virginia
When examining property taxes in Massies Mill, 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 Nelson 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 Nelson 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 Massies Mill. For example, the median home price in Massies Mill is $167,800, with tax bills ranging significantly across the county. Zip code 22967 has the highest median home price at $167,800.
Property Tax Assessment Values Across Massies Mill, Nelson County, Virginia
Source: Ownwell
$37,500
$182,050
$326,600
Median Massies Mill Market Value
$154,400
Median Nelson County Market Value
$146,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Massies Mill, Nelson County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22967 | $11,200 | $50,900 | $154,400 | $319,400 | $460,680 |
Source: Ownwell
Property Tax Bills Across Massies Mill, Nelson County, Virginia
Median Massies Mill Tax Bill
$995
Median Nelson County Tax Bill
$909
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Massies Mill, Nelson County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22967 | $58 | $215 | $995 | $1,493 | $2,393 |
Source: Ownwell