How Property Tax Works
Greensville County, Virginia operates on an annual property tax system where taxes are assessed on real estate and personal property to fund essential county services including schools, public safety, infrastructure maintenance, and local government operations. The county reassesses all real estate properties every six years to ensure fair and equitable taxation based on current market values. Property tax rates are set annually by the Greensville County Board of Supervisors, typically during the budget process in late spring.
The effective property tax rate in Greensville County is approximately 1% of assessed value, though actual rates may vary depending on your property's location within special taxing districts or assessment areas. Property owners should note that tax rates can differ across various districts within the county due to additional assessments for specific services or infrastructure improvements. All property taxes in Greensville County are due by December 5th each year, and the county offers various payment options including online payments and escrow arrangements through mortgage lenders.