Property Tax & Income in Amherst County, Virginia
Amherst County has an effective property tax rate of 0.46%. On the median home value of $212,400, that's roughly $975 per year. Median household income is $68,724.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Amherst County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.46% | 0.60% |
| Median home value1 | $212,400 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Amherst County, VA
Homes in Amherst County, Virginia, carry a median value of $212,400, and the median annual property tax bill comes to $975. That works out to an effective rate of 0.459%, well under Virginia's statewide median of 0.601% and far below the national figure of 0.794%. Among the state's 133 counties, this one ranks 123rd for property tax rate, placing it near the lowest end. Buyers weighing Amherst, Madison Heights, Monroe, and the surrounding communities can expect housing costs that stay below many other parts of Virginia. With a median household income of $68,724 and per-capita income of $35,580, the tax bill absorbs only a sliver of yearly earnings, which can ease the squeeze on a household budget.