Albemarle County Property Taxes

Albemarle County, Virginia

Effective Tax Rate

0.00%

77.7% above state avg

Median Annual Tax

$0

$290/mo escrow

#92 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.74%

vs. Virginia Avg77.7% above
vs. National Avg29.4% above

At a Glance

Median Home Value

$471,000

State avg $278,065

Tax w/ Mortgage/yr

$3,395

$283/mo escrow

Tax w/o Mortgage/yr

$3,664

$305/mo

State Tax Rate Rank

#92

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Albemarle County, Virginia

Albemarle's 0.739% rate exceeds most U.S. counties

Albemarle County's effective property tax rate of 0.739% ranks above the national median of 0.71%, placing it in the top 40% of U.S. counties. The median tax bill of $3,482 nearly doubles the national median of $2,690, reflecting both higher tax rates and property values.

Albemarle ranks among Virginia's higher-taxed counties

At 0.739%, Albemarle's effective rate exceeds Virginia's state average of 0.671%, placing it among the state's top 15% for tax burden. The county's median tax of $3,482 is 78% above the state median of $1,960.

Albemarle taxes higher than most Central Virginia peers

Albemarle's 0.739% rate significantly outpaces nearby rural counties, reflecting investment in schools and services that drive higher assessments. The county's median home value of $471,000 is notably elevated compared to neighboring areas, contributing to steeper annual tax bills.

Albemarle homeowners pay over $3,400 annually on median homes

A median-value home at $471,000 generates approximately $3,482 in annual property taxes at Albemarle's 0.739% rate. Those with mortgages pay $3,395, while owners without mortgages pay $3,664.

Albemarle property owners should verify their assessments

With median home values at $471,000, even small assessment errors can cost hundreds in annual taxes. Homeowners are encouraged to review their assessments and file appeals if they believe their properties are overvalued—a process that costs nothing to pursue.

How Albemarle County Compares

Median Annual Property Tax

Albemarle County$3,482
Virginia State Average$1,960
National Average$1,924

Albemarle County

0.74%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Albemarle County, Virginia?
The effective property tax rate in Albemarle County, Virginia is 0.74%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Albemarle County?
The median annual property tax payment in Albemarle County is $3,482. Homeowners with a mortgage pay a median of $3,395, while those without a mortgage pay $3,664.
How does Albemarle County compare to the Virginia average?
Albemarle County's effective tax rate of 0.74% is higher than the Virginia state average of 0.70%. The median annual property tax in Albemarle County is $3,482, compared to the state average of $1,960.
What is the median home value in Albemarle County, Virginia?
The median home value in Albemarle County, Virginia is $471,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Albemarle County property tax rate higher than the Virginia average?
Albemarle County's effective property tax rate of 0.74% is higher than the Virginia average of 0.70%. This difference of 0.03% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Albemarle County rank for property taxes in Virginia?
Albemarle County ranks #92 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.74% and median annual tax of $3,482, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.