Rate Breakdown

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

How Property Tax Works in Greene County

Property taxes in Greene County, Virginia, are based on the assessed value of real estate and personal property. The county conducts periodic assessments to determine the fair market value of properties. Here’s how the process works:

• Assessment: The Greene County Assessor’s Office evaluates properties every 1-4 years, considering factors like location, size, and market conditions.
• Millage Rate: The tax rate is set by local authorities and applied per $100 of assessed value. For example, if the rate is $0.75 per $100 and your home is valued at $300,000, your annual tax would be $2,250.
• Billing: Taxes are typically billed annually, with payments due in two installments (June 5 and December 5).

Available Exemptions

Virginia and Greene County offer several exemptions to reduce property tax burdens for eligible residents:

• Homestead Exemption: While Virginia does not have a statewide homestead exemption, some localities offer relief for primary residences. Check with the Greene County Commissioner of the Revenue for local options.
• Senior Citizen Exemption: Residents aged 65+ or permanently disabled may qualify for tax relief based on income and asset limits.
• Veteran Exemptions: Disabled veterans or surviving spouses may receive partial or full exemptions, depending on disability rating.
• Religious/Nonprofit Exemptions: Properties used for religious, educational, or charitable purposes may be exempt if approved by the county.

Payment Schedule & Deadlines

Greene County property taxes follow a structured payment schedule:

• Due Dates: Taxes are due in two installments—June 5 and December 5 each year.
• Late Payments: A 10% penalty is applied to unpaid balances after the due date, with interest accruing monthly.
• Payment Methods: Payments can be made online, by mail, or in person at the Treasurer’s Office. Installment plans may be available for qualifying taxpayers.

Appealing Your Assessment

If you believe your property’s assessed value is inaccurate, you can appeal:

• Step 1: File an appeal with the Greene County Assessor’s Office within 30 days of receiving your assessment notice.
• Step 2: Provide evidence, such as recent comparable sales or an independent appraisal, to support your claim.
• Step 3: Attend a hearing with the Board of Equalization, which will review your case and issue a decision.
• Further Appeals: If unsatisfied, you may appeal to the Virginia Circuit Court within one year.

For detailed guidance, contact the Greene County Commissioner of the Revenue or visit their official website.