Virginia · FIPS 51003 · ACS 2020–2024
Albemarle County, Virginia property tax rate
Homeowners in Albemarle County paid a median of $3,719 a year in real estate taxes on a median home value of $495,400 (2020–2024 survey). Taxes came to 0.73% of home value, 6% below the Virginia rate of 0.78% and 22% below the U.S. rate of 0.94%.
- 0.73%Effective tax rate±0.05% margin · Virginia: 0.78%
- $3,719Median tax per yearVirginia: $2,790 · U.S.: $3,119
- $495,400Median home valueVirginia: $383,700
- 30,269Owner-occupied homes66% of households own
| Measure | Albemarle County | Virginia | U.S. | Albemarle County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.73% | 0.78% | 0.94% | 0.73% | no change |
| Median tax, all owners | $3,719 | $2,790 | $3,119 | $3,482 | +$237 (+6.8%) |
| Median tax, with a mortgage | $3,687 | $3,014 | $3,489 | $3,395 | +$292 (+8.6%) |
| Median tax, no mortgage | $3,798 | $2,316 | $2,576 | $3,664 | +$134 (+3.7%) |
| Median home value | $495,400 | $383,700 | $332,700 | $471,000 | +$24,400 (+5.2%) |
| Total taxes paid | $135,282,900 | $8,529,454,200 | $360,573,527,500 | $124,204,900 |
How Albemarle County compares
- Per $1,000 of home value, owners here paid about $7.32 a year, against $7.79 statewide and $9.40 nationally.
- Rank in Virginia: 82 of 116 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 47% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.73% of value; homes without one: 0.74%. Median bills: $3,687 and $3,798.
- Compared with the 2019–2023 survey, the effective rate rose (no change) and the median tax changed +$237 (+6.8%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.73% ± 0.05% at 90% confidence, from a sample of the 30,269 owner-occupied homes.
Virginia counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Radford city | 0.70% | $1,581 | $220,700 |
| Isle of Wight County | 0.72% | $2,510 | $356,500 |
| Bristol city | 0.72% | $1,387 | $184,100 |
| Winchester city | 0.74% | $2,591 | $343,000 |
| Harrisonburg city | 0.74% | $2,281 | $299,100 |
| Colonial Heights city | 0.75% | $2,071 | $246,600 |
| Chesterfield County | 0.75% | $2,773 | $366,000 |
| Southampton County | 0.76% | $1,418 | $216,200 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.