22923 Property Tax Rate

Property owners in ZIP code 22923 (Barboursville, Virginia) pay a median of $2,394/year in property taxes on homes valued at $369,000. This translates to an effective tax rate of 0.65%, which is 4% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22923 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Albemarle County.

Compared to similar ZIP codes in Virginia, 22923 has higher property taxes. ZIP codes with similar effective rates include 24630 (0.65%) and 23091 (0.65%).

In Barboursville, property taxes represent approximately 2.2% of the median household income of $108,796, providing context for the relative tax burden on homeowners in this area.

Virginia imposes no state property tax; Albemarle County's 0.78% effective rate is a local county assessment with no state overlay. Homeowners age 65 or older, those with disabilities, and surviving military spouses qualify for the Circuit Breaker program through the Albemarle County Assessor — this relief caps taxes as a percentage of income. Contact the Albemarle County Assessor's Office within 30 days of closing to apply for the program and verify your property's assessed value on the tax rolls.