Newsoms, Southampton County, Virginia Property Taxes
Property Taxes in Newsoms, Virginia
Median Newsoms, Virginia effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Newsoms, Virginia home value: $204,600
Median annual Newsoms, Virginia tax bill: $1,453, $947 lower than the national median property tax bill of $2,400.
How are property taxes in Southampton calculated?
Property taxes in Newsoms, Virginia 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 Newsoms's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newsoms, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Newsoms, Southampton County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$1,453
$1,348
How Does the Newsoms Property Tax Calculator Work?
Use this Newsoms property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Newsoms' median effective tax rate of 0.71% — based on actual property records in Southampton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Newsoms' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Newsoms: rates range from 0.71% in 23874 to 0.71% in 23874, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Newsoms.
About Newsoms Property Taxes
About Property Taxes in Newsoms, Southampton, Virginia
Newsoms's median effective property tax rate of 0.71% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Southampton County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Newsoms. Homeowners in the 23874 ZIP code carry a median effective rate of 0.71%, while those in the same ZIP code pay 0.71%. This spread reflects how school district boundaries and local assessment districts are drawn across Southampton County. Understanding which part of Newsoms you live in can make a meaningful difference to your annual tax bill.
Newsoms homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Newsoms, Southampton County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Newsoms's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Newsoms Tax Rate
0.71%
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 Southampton County Tax Rate
0.71%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newsoms, Southampton County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23874 | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Newsoms, Southampton County, Virginia
When examining property taxes in Newsoms, Virginia, 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 Southampton County assessment office 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.
Assessment notices:
In Southampton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Newsoms.
For example, the median home price in Newsoms is $204,600, with tax bills ranging significantly across the county. 23874 has the highest median home price at $204,600.
Property Tax Assessment Values Across Newsoms, Southampton County, Virginia
Source: Ownwell
$148,200
$229,025
$309,850
Median Newsoms Market Value
$204,600
Median Southampton County Market Value
$221,200
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newsoms, Southampton County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23874 | $90,380 | $141,900 | $204,600 | $301,750 | $408,180 |
Source: Ownwell
Property Tax Bills Across Newsoms, Southampton County, Virginia
Property tax bills in Newsoms are calculated from the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s assessed value rises, the tax bill can increase even if the homeowner has not made any changes to the home. For Newsoms, the median home price is $204,600, which helps show the value base used in the calculation.
Homeowners in Southampton should expect their bill to reflect both the market value of the property and the local rate applied to that value. The median tax bill in the area is $1,453, and tax bills can vary widely depending on the home and location. The 25th percentile tax bill is $1,006, while the 75th percentile is $2,142 and the 90th percentile reaches $2,898.
This means property taxes can have a meaningful impact on monthly housing costs and long-term affordability for homeowners.
Median Newsoms Tax Bill
$1,453
Median Southampton County Tax Bill
$1,561
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Newsoms, Southampton County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23874 | $642 | $1,006 | $1,453 | $2,142 | $2,898 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Southampton Tax Assessor | |
| Website | southamptoncova.interactivegis.com |