Property Tax & Income in Buckingham County, Virginia
Buckingham County has an effective property tax rate of 0.52%. On the median home value of $173,400, that's roughly $906 per year. Median household income is $60,828.
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 | Buckingham County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.52% | 0.60% |
| Median home value1 | $173,400 | — |
| 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 Buckingham County, VA
Someone shopping for a home in Buckingham County will find the median value sitting at $173,400, and the property tax bill that comes with it averages $906 a year. That works out to an effective rate of 0.522%, which lands below Virginia's statewide median of 0.601% and well under the national figure of 0.794%. Among the state's 133 counties, this one ranks 101st for property tax rate, placing it toward the lower end. Households here bring in a median of $60,828, with per-capita income at $30,121. Buyers looking around Buckingham, the county's largest town, or nearby Arvonia and New Canton, get comparatively affordable housing alongside tax bills that stay below what many other Virginia counties charge.