Rate Breakdown

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

How Property Tax Works in Bedford County

In Bedford County, Virginia, property taxes are based on the assessed value of real estate and personal property. The county conducts periodic reassessments to determine fair market value, which serves as the basis for taxation. The current assessment ratio is 100% of fair market value. Taxes are calculated using the county's millage rate, where 1 mill equals $1 per $1,000 of assessed value. For example, if the total millage rate is 0.75 (75 cents per $100), a home valued at $300,000 would owe $2,250 annually.

• Assessment Frequency: Reassessments occur every 4-6 years, with annual adjustments for market changes.
• Millage Rates: Rates vary by district (e.g., county, school, fire) and are set annually by local authorities.

Available Exemptions

Virginia offers several property tax relief programs for eligible residents in Bedford County:

• Homestead Exemption: Not available statewide, but some localities offer partial relief for primary residences.
• Senior Citizen/Disabled Exemption: Income-qualified seniors (65+) or disabled individuals may receive reductions or deferrals.
• Veteran Exemptions: Disabled veterans may qualify for full or partial exemptions based on disability rating.

Applications for exemptions must be submitted to the Bedford County Commissioner of the Revenue's office with supporting documentation.

Payment Schedule & Deadlines

Bedford County property taxes are typically due in two installments:

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

Payments can be made online, by mail, or in person. Late payments incur a 10% penalty plus interest (10% annually). Taxpayers may also qualify for payment plans if facing financial hardship.

Appealing Your Assessment

If you believe your assessment is inaccurate, follow these steps to appeal:

• Step 1: File an appeal with the Bedford County Commissioner of the Revenue within 30 days of the assessment notice.
• Step 2: Provide evidence (e.g., recent comparable sales, appraisal reports) to support your claim.
• Step 3: Attend a hearing with the Board of Equalization, which reviews appeals and issues decisions.

Further appeals can be made to the Virginia Circuit Court if unresolved at the county level.