Ruckersville, Orange County, Virginia Property Taxes
Median Ruckersville, VA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Ruckersville, VA home value: $350,300. Median annual Ruckersville, VA tax bill: $2,762, $362 higher than the national median property tax bill of $2,400.
How are property taxes in Orange County calculated? Property taxes in Ruckersville, 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 Ruckersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ruckersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ruckersville, Orange County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$2,697
$2,503
Property Tax Rates Across Ruckersville, Orange County, Virginia
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Ruckersville, located in Greene County, VA, the effective property tax rate is 0.77%, aligning with the highest and lowest median tax rates in the area. This rate is lower than the national median property tax rate of 1.02%. The median property tax bill in Ruckersville is $2,400, which matches the national median.
Local government decisions, property values, and budget requirements all play a role in determining property tax rates. Understanding these factors can help homeowners in Ruckersville and beyond navigate their tax responsibilities more effectively. By comparing these rates to other cities in Virginia and the U.S., homeowners can gain a clearer perspective on how their property taxes measure up.
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 Ruckersville Tax Rate
0.77%
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 Ruckersville, Orange County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22968 | 0.75% | 0.76% | 0.77% | 0.79% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Ruckersville, Orange County, Virginia
When examining property taxes in Ruckersville, 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 Ruckersville.
For example, the median home price in Ruckersville is $350,300, with tax bills ranging significantly across the county. Zip code 22968 has the highest median home price at $350,300.
Property Tax Assessment Values Across Ruckersville, Orange County, Virginia
Source: Ownwell
$181,700
$266,000
$350,300
Median Ruckersville Market Value
$350,300
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 Ruckersville, Orange County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22968 | $199,700 | $263,400 | $350,300 | $441,350 | $564,400 |
Source: Ownwell
Property Tax Bills Across Ruckersville, Orange County, Virginia
In Ruckersville, 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 market value, reflecting the property's worth in the current real estate market. Factors such as property size, location, and improvements can influence the assessed value. In Ruckersville, the median property tax bill is $2,762, which is slightly above the national median of $2,400. Homeowners in this region could see their tax bills ranging from $2,080 at the 25th percentile to $4,572 at the 90th percentile. These figures highlight the variability in tax bills, influenced by differing property values and the specific attributes of each home.
Ownwell steps in by offering expert property tax appeal services to help homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can appeal on behalf of homeowners, ensuring they only pay their fair share. This service can lead to significant savings, making homeownership more affordable in Ruckersville.
Median Ruckersville Tax Bill
$2,762
Median Orange County Tax Bill
$1,767
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Ruckersville, Orange County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22968 | $1,551 | $2,080 | $2,762 | $3,414 | $4,572 |
Source: Ownwell