23440 Property Tax Rate

Property owners in ZIP code 23440 (Tangier, Virginia) pay a median of $990/year in property taxes on homes valued at $135,900. This translates to an effective tax rate of 0.73%, which is 8% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23440 is approximately $83, which factors into escrow payments on mortgages. This ZIP code is located within Accomack County. This is $1,253 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23440 has lower property taxes. ZIP codes with similar effective rates include 23223 (0.73%) and 23851 (0.73%).

In Tangier, property taxes represent approximately 3.0% of the median household income of $33,405, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Accomack County assessments are set locally and do not change hands at sale. Accomack County residents age 65+ or those who are disabled may qualify for the Circuit Breaker tax relief program if income is below the county threshold — contact the Accomack County Assessor to verify eligibility and file promptly. Request your property's assessment from the Accomack County Assessor and submit an appeal within 30 days if the appraised value seems incorrect.