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Updated 2025 Tax Year

Buckingham County
Property Tax Guide

Everything you need to know about property taxes in Buckingham County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
$0.57 per $100 assessed value (base rate, varies by district with special assessments)
1st Due
Dec 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Buckingham County, Virginia operates a property tax system that serves as the primary funding source for essential local services including public schools, law enforcement, road maintenance, and county administration. Property taxes in Buckingham County are assessed annually based on the fair market value of real estate, with bills typically issued in the spring for the upcoming fiscal year.

The effective tax rate for residential properties in Buckingham County varies depending on your specific location within the county, as different areas may be subject to additional special taxing districts or assessments. Property owners should be aware that Virginia uses a calendar year assessment system, and actual tax rates are set annually by the Board of Supervisors during the budget process. The county reassesses all properties periodically to ensure assessments reflect current market conditions.

Section 2

What Makes Up Your Tax Bill

Based on available data from the 2024 tax year, property tax rates in Buckingham County are structured as follows:

ComponentRate per $100Description
Real Estate Base RateTBD*County operations, schools, public safety
Personal PropertyTBD*Vehicles, boats, recreational vehicles
Machinery & ToolsTBD*Business equipment and machinery
Special DistrictsVariesFire districts, service districts (if applicable)

*Note: Specific 2025 rates for Buckingham County were not available in current data. Contact the Commissioner of Revenue at (434) 969-4972 for current levy year rates. Tax rates are typically set during the spring budget process and apply to the fiscal year running from July 1 to June 30.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Buckingham County, property taxes are due in two installments:

First Installment
Dec 5
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Buckingham County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements made after the annual assessment date. These supplemental bills are calculated based on the difference between the old and new assessed values, prorated for the portion of the tax year remaining.

Common triggers for supplemental taxes include: purchase of property that wasn't previously on the tax rolls, completion of new construction or major renovations, and subdivision of land creating new taxable parcels. For example, if you complete a home addition worth $50,000 in January and the county tax rate is $0.60 per $100, you would owe approximately $300 in supplemental taxes ($50,000 ÷ 100 × $0.60) prorated for the remaining months of the fiscal year.

Example Calculation

The following examples assume a hypothetical tax rate of $0.60 per $100 of assessed value (actual rates may vary):

$300,000 Home:

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applicable): $0 (reduces future increases only)
  • Net Taxable Value: $300,000
  • Annual Tax: $1,800 ($300,000 ÷ 100 × $0.60)
  • Monthly Escrow: $150

$600,000 Home:

  • Assessed Value: $600,000
  • Less: Veteran's Credit (example): -$200 tax credit
  • Net Annual Tax: $3,400 (($600,000 ÷ 100 × $0.60) - $200)
  • Monthly Escrow: $283

$1,000,000 Home:

  • Assessed Value: $1,000,000
  • Less: Senior Citizen Credit (example): -$500 tax credit
  • Net Annual Tax: $5,500 (($1,000,000 ÷ 100 × $0.60) - $500)
  • Monthly Escrow: $458

Note: Tax credits shown are examples and require separate applications with eligibility requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Buckingham County require property tax escrow accounts for borrowers with less than 20% equity. Your lender collects monthly escrow payments along with your mortgage payment, then pays your property taxes directly to the county when due. Escrow payments are calculated by dividing your annual property tax bill by 12 months, often with a small cushion for rate increases.

Property taxes in Buckingham County are due in two installments: August 15 and November 15 each year. Lenders typically pay the first installment in August and the second in November. You should receive annual escrow statements from your lender showing the account balance and any adjustments needed. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment will be adjusted accordingly, usually with 60 days' notice.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Buckingham County? A: Property taxes are due in two equal installments: August 15 and November 15 each year. The first half covers July-December, and the second half covers January-June of the following year.

Q: What tax credits are available and how do I apply? A: Common tax credits include veteran's exemptions, senior citizen credits, and disability credits. Each requires a separate application with the Commissioner of Revenue office and must meet specific eligibility requirements. Applications are typically due by April 1st annually.

Q: How does the Homestead Credit work? A: The Homestead Credit, if available, limits annual assessment increases on your primary residence (typically to 10% or less). It does NOT reduce your current assessed value but caps future growth. You must apply with the Commissioner of Revenue and reapply annually in most cases.

Q: When does the county reassess properties? A: Buckingham County conducts general reassessments periodically, typically every 4-6 years. Between general reassessments, properties may be spot-assessed if significant improvements are made or market conditions change dramatically.

Q: How do I appeal my assessment? A: Assessment appeals must be filed with the Board of Equalization within 30 days of receiving your assessment notice. You'll need comparable property sales data and/or a professional appraisal to support your appeal.

Q: What are the penalties for late payment? A: Late payments incur interest charges and penalties. Contact the Treasurer's office for current penalty rates, which typically begin accruing after the due dates of August 15 and November 15.

Q: Can I pay property taxes online? A: Contact the Buckingham County Treasurer's office at (434) 969-4972 to inquire about online payment options and accepted payment methods.

Q: Are there special district taxes in addition to county taxes? A: Some areas of Buckingham County may be subject to additional special district assessments for services like fire protection or water/sewer districts. These would appear as separate line items on your tax bill if applicable to your property location.

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