Meadowview, Washington County, Virginia Property Taxes
Median Meadowview, VA effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median Meadowview, VA home value: $111,500. Median annual Meadowview, VA tax bill: $620, $1,780 lower than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Meadowview, 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 Meadowview’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meadowview, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Meadowview, Washington County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$668
$619
Property Tax Rates Across Meadowview, Washington County, Virginia
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 Meadowview Tax Rate
0.60%
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 Washington County Tax Rate
0.60%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Meadowview, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24361 | 0.26% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Meadowview, Washington County, Virginia
When examining property taxes in Meadowview, 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 Washington 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 Washington 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 Meadowview.
For example, the median home price in Meadowview is $111,500, with tax bills ranging significantly across the county. The zip code 24361 has the highest median home price at $111,500.
Property Tax Assessment Values Across Meadowview, Washington County, Virginia
Source: Ownwell
$70,250
$128,200
$186,150
Median Meadowview Market Value
$111,250
Median Washington County Market Value
$130,600
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Meadowview, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24361 | $35,000 | $72,525 | $111,250 | $169,325 | $254,440 |
Source: Ownwell
Property Tax Bills Across Meadowview, Washington County, Virginia
In Meadowview, VA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $111,500, which is significantly lower than the national median, contributing to a more manageable tax burden for homeowners. Tax bills can vary widely, with the 25th percentile at $414 and the 90th percentile reaching $1,279. These figures highlight the disparity in tax bills within the community. The median property tax bill in Washington County is $620, which is considerably below the national median of $2,400. This lower tax bill can be attributed to the area's lower property values and tax rates.
For homeowners looking to reduce their property tax liabilities, Ownwell offers expert consulting services. By evaluating your property's assessed value and ensuring it's accurate, Ownwell can help identify potential savings. Additionally, Ownwell's team can assist in filing appeals and exemptions, potentially lowering your tax bill and providing significant savings over time.
Median Meadowview Tax Bill
$597
Median Washington County Tax Bill
$718
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Meadowview, Washington County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24361 | $152 | $363 | $597 | $904 | $1,257 |
Source: Ownwell