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Updated 2025 Tax Year

Lynchburg County
Property Tax Guide

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

9 Official Sources
8 min read
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Quick Facts
Tax Rate
$0.57 per $100 assessed value (base rate varies by taxing district)
1st Due
Dec 5
Exemptions
5+ Available
Section 1

How Property Tax Works

Lynchburg County, Virginia operates a property tax system that serves as a primary funding source for essential county services including public schools, law enforcement, fire and rescue services, and infrastructure maintenance. Property taxes in Lynchburg County are assessed based on the fair market value of real estate and personal property, with taxes calculated by applying the county's tax rate to the assessed value minus any applicable tax credits.

The effective property tax rate varies by location within the county due to special taxing districts that may impose additional assessments for specific services or improvements. Property owners should be aware that their total tax bill may include both the base county levy and additional district-specific assessments. The county reassesses properties periodically to maintain current market valuations, and property owners have the right to appeal assessments they believe are inaccurate.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100 assessed value)Description
Real Estate$0.89 (proposed FY 2025)Base county tax rate for real property
Personal Property$3.80Applied to vehicles, boats, and other personal property
Machinery & Tools$3.00Commercial and industrial equipment
Mobile Homes$3.80Assessed as personal property

Note: The 2025 real estate tax rate of $0.89 per $100 is currently under proposal and subject to final approval. Actual rates may vary by special taxing districts within the county. Residents should verify their specific district rate as additional assessments may apply for services such as water/sewer districts or special improvement areas.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lynchburg 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 are additional property tax bills issued when changes occur to property ownership or improvements after the initial tax roll is prepared. Common triggers include property sales, new construction completion, additions or major renovations, and changes in property use or classification. These taxes cover the difference between what was originally assessed and what should have been assessed based on the property changes.

Supplemental taxes are calculated by determining the new assessed value, subtracting the previous assessed value, and applying the current tax rate to the difference. The tax is then prorated based on the number of months remaining in the tax year. For example, if a $50,000 addition is completed in March and the tax rate is $0.89 per $100, the supplemental tax would be ($50,000 ÷ 100) × $0.89 × (9 months ÷ 12 months) = $334.

Example Calculation

$300,000 Home:

  • Assessed Value: $300,000
  • Less: Homestead Credit (if qualified): -$0 (example assumes no credits applied)
  • Net Taxable Value: $300,000
  • Annual Tax: ($300,000 ÷ 100) × $0.89 = $2,670
  • Monthly Escrow: $222.50

$600,000 Home:

  • Assessed Value: $600,000
  • Less: Senior Citizen Credit (if qualified): varies by income
  • Net Taxable Value: $600,000
  • Annual Tax: ($600,000 ÷ 100) × $0.89 = $5,340
  • Monthly Escrow: $445.00

$1,000,000 Home:

  • Assessed Value: $1,000,000
  • Less: Applicable Credits (if any): varies
  • Net Taxable Value: $1,000,000
  • Annual Tax: ($1,000,000 ÷ 100) × $0.89 = $8,900
  • Monthly Escrow: $741.67

Note: Tax credits require separate applications and are not automatically applied. Contact the county assessor for available credit programs and application requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders require property tax escrow accounts to ensure timely payment of property taxes. The lender collects monthly escrow payments along with your mortgage payment, deposits these funds into a separate escrow account, and pays your property taxes when due. Lenders typically collect 1/12 of the estimated annual tax bill each month, plus a cushion to account for potential tax increases.

Property tax payments in Lynchburg County are due on specific dates throughout the year, and lenders must ensure payments are made on time to avoid penalties and interest charges. Property owners should verify that their lender has current tax bill information and is making payments according to the county's schedule. An annual escrow analysis will show whether your monthly payment needs adjustment based on actual tax amounts versus estimates.

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

When are property taxes due in Lynchburg County? Real estate taxes are due on November 15 and January 15. Personal property taxes are due on June 5 and December 5 for the current fiscal year.

What tax credits are available and how do I apply? Tax credits available include Real Estate Tax Relief for seniors (65+) and permanently disabled residents with income of $48,800 or less and net worth of $100,000 or less. Applications are available in June with an August 1 deadline. Disabled veteran real estate credits may also be available. All credits require annual application and are not automatic.

How does the homestead credit work? Virginia's homestead exemption, where available, typically caps annual assessment increases rather than reducing market value. Property owners must file an application to receive this benefit. Contact the county assessor to determine if this program is available in Lynchburg County.

How often are properties reassessed? Contact Lynchburg County's assessment office for the current reassessment schedule, as this varies by jurisdiction and property type.

What are the penalties for late payment? Late payments typically incur interest and penalties. Contact the county treasurer's office for specific penalty rates and grace periods.

Can I pay property taxes online? Check the Lynchburg County website or contact the treasurer's office for available online payment options and accepted payment methods.

How do I appeal my property assessment? Property owners who disagree with their assessment can file an appeal during the designated appeal period. Contact the county assessor's office for appeal procedures and deadlines.

Do special districts affect my tax bill? Yes, properties located in special taxing districts may have additional assessments beyond the base county rate. Your tax bill will itemize all applicable taxes and districts.

Verified Sources

Backed by 9 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Commissioner of the Revenue - Personal Property Taxlynchburgva.gov
02
Frequently Asked Questions - CivicPlus.CMS.FAQlynchburgva.gov
03
City of Lynchburg Publishes Notice of Proposed Real ...lynchburgva.gov
04
Billings & Collections | Lynchburg, VAlynchburgva.gov
05
2025 Reassessment | Lynchburg, VAlynchburgva.gov
06
Frequently Asked Questions - CivicPlus.CMS.FAQlynchburgva.gov
07
State
Real Estate Tax Relief | Lynchburg, VAlynchburgva.gov
08
Tax Doc
TAX EXEMPTION REHABILITATED/RENOVATED ...lynchburgva.gov
09
Tax Doc
Tax Credits & Other Programs | Lynchburg, VAlynchburgva.gov
All sources verified as of 2025 Tax Year

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