StateRates

Buena Vista city, Virginia property tax

The median homeowner in Buena Vista city, Virginia pays $1,444 a year in property tax on a home worth $153,500, an effective rate of 0.94%. The national effective rate is 0.98%.

Effective rate 0.94% #14 of 129 in Virginia
Median tax bill $1,444 per year
Median home value $153,500 owner-occupied
Median income $54,458 household

What the rate means here

Buena Vista city taxes property at 0.94%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,444 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #14 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,171 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 2.82 times the median household income of $54,458, against 3.86 nationally, which is a comfortable ratio by American standards. 57.18% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 6,612 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,350 per year at 0.94%
$400,000 home $3,760 per year at 0.94%
$600,000 home $5,640 per year at 0.94%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Buena Vista city, Virginia against Virginia and the country
Buena Vista city Virginia United States
Effective property tax 0.94% 0.74% 0.98%
Median tax bill $1,444 $2,686 $2,969
Median home value $153,500 $360,700 $303,400
Median gross rent $1,067 $1,514 $1,348
Median household income $54,458 $90,974 $78,538
Home price to income 2.82× 3.96× 3.86×
Rent as share of income 23.51% 19.97% 20.6%
Owner-occupied 57.18% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 6,612.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Surry County 0.63% $1,474 $235,200
King and Queen County 0.52% $1,261 $240,900
Charles City County 0.60% $1,354 $224,100
Galax city 0.76% $962 $126,800
Bland County 0.55% $868 $157,100

Buena Vista city property tax: common questions

What is the property tax rate in Buena Vista city, Virginia?

The effective rate is 0.94% of home value, from a median tax bill of $1,444 against a median home value of $153,500. That is 0.04 points below the national 0.98%.

How much is property tax on a $400,000 home in Buena Vista city?

Roughly $3,760 a year at the county effective rate of 0.94%.

Is Buena Vista city expensive compared with the rest of Virginia?

It ranks #14 of 129 Virginia counties by effective property tax rate, and #1171 of 2,826 nationally. That is 0.2 points above the Virginia average of 0.74%.

What does housing cost in Buena Vista city?

The median home is worth $153,500 and median gross rent is $1,067 a month. Median household income is $54,458, which puts the home at 2.82 times annual income and rent at 23.51% of it.