Rate Breakdown

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

How Property Tax Works in Buckingham County

In Buckingham County, property taxes are calculated based on the assessed value of your property and the applicable tax rate (millage rate). The County Assessor's Office determines the fair market value of all real estate and certain personal property. Assessments are typically conducted every 1-4 years, though values may be adjusted annually based on market trends.

• Assessment Process: Properties are evaluated using recent sales data, property characteristics, and local market conditions.
• Millage Rate: The current tax rate is set annually by the Board of Supervisors and is applied per $100 of assessed value. For example, if the rate is $0.75 per $100 and your home is assessed at $200,000, your annual tax would be $1,500.

Available Exemptions

Virginia offers several property tax relief programs that may reduce your tax burden in Buckingham County:

• Homestead Exemption: While Virginia does not have a traditional homestead exemption, some localities offer partial relief for primary residences.
• Senior Citizen & Disability Exemptions: Residents aged 65+ or permanently disabled may qualify for tax deferrals or exemptions based on income limits.
• Veteran Exemptions: Disabled veterans or surviving spouses may be eligible for partial or full exemptions, depending on disability rating.

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

Payment Schedule & Deadlines

Buckingham County property taxes are typically due in two installments:

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

Payments can be made online, by mail, or in person at the Treasurer’s Office. Late payments incur penalties (up to 10% of the unpaid balance) and interest (1% monthly). Delinquent taxes may result in a lien or eventual auction of the property.

Appealing Your Assessment

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

• Step 1: Contact the Assessor’s Office to discuss discrepancies before filing a formal appeal.
• Step 2: Submit a written appeal to the Board of Equalization within 30 days of the assessment notice. Include evidence (e.g., recent comparable sales, appraisal reports).
• Step 3: If unsatisfied, you may appeal to the Circuit Court within one year of the Board’s decision.

Appeals are most successful with documented proof of overvaluation. Deadlines are strict, so act promptly.