Norton city, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 812.
The median annual property tax in Norton city is $787, which is 60% lower than the Virginia state average and 59% below the national average. The effective tax rate is 0.78% on a median home value of $100,700. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$787
-60% vs State
-59% vs US
Median Home Value
$100,700
-64% vs State
-52% vs US
Effective Tax Rate
0.78%
+16% vs State
-18% vs US
With vs Without Mortgage
With Mortgage
$1,112
$93/mo
Without Mortgage
$725
$60/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $787 -4.5% | 0.78% |
| 2022 | $824 +10.6% | 0.79% |
| 2021 | $745 +22.1% | 0.77% |
| 2020 | $610 -14.8% | 0.77% |
| 2019 | $716 | 0.76% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$38,497
per year
Monthly Tax
$66
per month
Other Counties in Virginia
Radford city
Tax: $1,488/yr Rate: 0.70%
New Kent County
Tax: $2,523/yr Rate: 0.68%
Goochland County
Tax: $2,418/yr Rate: 0.50%
Hanover County
Tax: $2,506/yr Rate: 0.67%
Appomattox County
Tax: $1,006/yr Rate: 0.53%
Madison County
Tax: $1,967/yr Rate: 0.59%
Frequently Asked Questions
What is the average property tax in Norton city, Virginia? ▼
The median annual property tax in Norton city is $787 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.78% on a median home value of $100,700.
How does Norton city property tax compare to the national average? ▼
Property taxes in Norton city are 59% below the national average of $1,923. The effective rate of 0.78% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Norton city? ▼
In Norton city, homeowners with a mortgage pay a median of $1,112 in annual property taxes, while homeowners without a mortgage pay $725. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Norton city? ▼
Property taxes in Norton city represent approximately 2.0% of the median household income of $38,497. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.