Rate Breakdown

Property taxes in Albemarle County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Albemarle County

Property taxes in Albemarle County are calculated based on the assessed value of your property and the current tax rate, known as the millage rate. The county assesses properties annually to determine their fair market value. This assessment is conducted by the Albemarle County Assessor’s Office, which evaluates factors such as property size, location, condition, and recent sales of comparable properties.

The millage rate is set by the Albemarle County Board of Supervisors and is applied to the assessed value to calculate your tax liability. For example, if your property is assessed at $300,000 and the millage rate is $0.85 per $100 of assessed value, your annual property tax would be $2,550. Taxes are typically billed twice a year, with due dates in June and December.

Available Exemptions

Albemarle County offers several property tax exemptions to eligible residents. These include:

• Homestead Exemption: Provides relief for primary residences by reducing the taxable value of the property.
• Senior Citizen Exemption: Available to residents aged 65 or older with income and asset limits. This exemption can significantly reduce property tax liability.
• Disability Exemption: Offers tax relief for individuals with permanent and total disabilities.
• Veteran Exemption: Provides tax benefits for veterans, particularly those with service-connected disabilities.

To apply for exemptions, contact the Albemarle County Commissioner of the Revenue’s Office and submit the required documentation.

Payment Schedule & Deadlines

Property taxes in Albemarle County are due in two installments:

• First Half: Due by June 5.
• Second Half: Due by December 5.

If you prefer to pay your taxes in installments, you may enroll in the county’s installment plan, which divides the annual tax bill into smaller, more manageable payments. Late payments incur penalties and interest, starting at 10% of the unpaid balance and increasing over time. Persistent delinquency may result in a tax lien on your property.

Appealing Your Assessment

If you believe your property has been assessed unfairly, you can appeal the decision. The process begins with filing an appeal with the Albemarle County Assessor’s Office within 30 days of receiving your assessment notice. You will need to provide evidence supporting your claim, such as recent property sales data or an independent appraisal.

If the county denies your appeal, you may escalate it to the Board of Equalization or the Circuit Court. It’s recommended to consult with a property tax professional or attorney to strengthen your case. Appeals must be filed promptly, as deadlines are strictly enforced.