Gordonsville, Orange County, Virginia Property Taxes
Median Gordonsville, VA effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Gordonsville, VA home value: $183,600
Median annual Gordonsville, VA tax bill: $1,417, $983 lower than the national median property tax bill of $2,400.
How are property taxes in Orange County calculated?
Property taxes in Gordonsville, 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 Gordonsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gordonsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gordonsville, Orange County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,381
$1,281
Property Tax Rates Across Gordonsville, Orange County, Virginia
Local government entities set tax rates, which can vary widely within a state. This is 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 Gordonsville’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Gordonsville, located in Orange County, Virginia, has a median property tax rate of 0.76%, which is notably lower than the national median of 1.02%. This rate reflects the county's budgetary needs and the value of taxable properties. Understanding these rates can help property owners make informed decisions about potential savings through property tax appeals or exemptions. With property tax bills being a significant expense for homeowners, knowing how your local rates compare to state and national averages is crucial. By staying informed, property owners can better navigate their financial responsibilities and explore opportunities for reducing their tax burdens.
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 Gordonsville Tax Rate
0.76%
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 Orange County Tax Rate
0.76%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gordonsville, Orange County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | 0.75% | 0.75% | 0.76% | 0.78% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Gordonsville, Orange County, Virginia
When examining property taxes in Gordonsville, 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 Orange 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 Orange County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Gordonsville. For example, the median home price in Gordonsville is $183,600, with tax bills ranging significantly across the county. Zip code 22942 has the highest median home price at $183,600.
Property Tax Assessment Values Across Gordonsville, Orange County, Virginia
Source: Ownwell
$181,700
$266,000
$350,300
Median Gordonsville Market Value
$181,700
Median Orange County Market Value
$229,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gordonsville, Orange County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | $50,000 | $126,700 | $181,700 | $264,700 | $372,460 |
Source: Ownwell
Property Tax Bills Across Gordonsville, Orange County, Virginia
In Gordonsville, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in Gordonsville face a median tax bill of $1,417, which is below the national median of $2,400. This relatively low tax bill can still be a burden for some, especially when considering that the 90th percentile tax bill reaches up to $3,015.
Ownwell assists homeowners by identifying potential savings on property tax bills through appeals and exemptions. By analyzing property assessments and comparing them with similar properties, Ownwell can uncover discrepancies that may lead to a reduction in assessed value and, consequently, lower tax bills. This service not only helps homeowners save money but also ensures they are not overpaying due to inaccurate assessments. With Ownwell's expertise, Gordonsville homeowners can achieve fair and manageable property tax obligations.
Median Gordonsville Tax Bill
$1,408
Median Orange County Tax Bill
$1,767
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Gordonsville, Orange County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22942 | $417 | $974 | $1,408 | $2,090 | $2,979 |
Source: Ownwell