22949 Property Tax Rate

Property owners in ZIP code 22949 (Lovingston, Virginia) pay a median of $1,815/year in property taxes on homes valued at $259,100. This translates to an effective tax rate of 0.70%, which is 4% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22949 is approximately $151, which factors into escrow payments on mortgages. This ZIP code is located within Nelson County. This is $428 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 22949 has lower property taxes. ZIP codes with similar effective rates include 23059 (0.70%) and 23881 (0.70%).

In Lovingston, property taxes represent approximately 3.6% of the median household income of $50,234, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax; Nelson County's 0.60% rate is set entirely by local county government. Seniors (65+), disabled persons, and surviving military spouses are eligible for the Circuit Breaker tax relief program, which adjusts liability based on household income — apply through the Nelson County Assessor's Office. File your application before the next reassessment cycle to ensure benefits take effect on your property in the current year.