Virginia · Lexington City · Local exemptions · Updated Oct 2026

Lexington City, VA property tax exemptions (2026)

The property tax breaks that are set or run locally in Lexington City, on top of Virginia’s statewide rules: what each is worth here, who qualifies, where to apply and the deadline.

What is different in Lexington City

Lexington's real estate tax relief for owners 65+ or permanently disabled requires combined gross income of $45,000 or less and net worth of $100,000 or less. Unusually, the 2026 application is due by December 7, 2026.

Apply at: City of Lexington Commissioner of the Revenue
Phone: 540-462-3701
Local breaks: Real Estate Tax Relief for the Elderly and Disabled
Tax year: 2026

Where to apply in Lexington City

City of Lexington Commissioner of the Revenue

Phone: 540-462-3701

Official exemptions page

Local exemptions in Lexington City

Seniors

Real Estate Tax Relief for the Elderly and Disabled

Real estate tax relief (amount not stated).

Set by: city
Tax year: 2026
Who qualifies: Own and live in the home in the city; 65+ or permanently disabled. Preceding-year combined gross income up to $45,000 (first $6,000 of each non-spouse relative's income excluded); net worth of owner and spouse up to $100,000 as of Dec. 31, excluding the home.
Income limit: $45,000 combined income; $100,000 net worth
How to apply: Request an application from the Commissioner of the Revenue (540-462-3701); previous recipients are mailed one each year.
Form: Tax Relief Application for the Elderly or Disabled (PDF)
Deadline: December 7, 2026.
Renewal: Every year.

Source: official page

State exemptions that also apply here

These breaks come from Virginia law. Their full rules, forms and deadlines are on the Virginia page.

Real Estate Tax Relief for the Elderly and Disabled (local option)Set by each locality (only where the local government offers it)
Real Estate Tax Deferral for the Elderly and Disabled (local option)(only where the local government offers it)
Real Estate Tax Exemption for Disabled VeteransFull exemption
Exemption for Surviving Spouses of Armed Forces Members Who Died in the Line of DutyFull exemption
Exemption for Surviving Spouses of First Responders Killed in the Line of Duty (local option)Full exemption (only where the local government offers it)

All Virginia property tax exemptions

By group in Virginia: Seniors · Veterans · Disability · Surviving spouses

Savings estimate for Lexington City

Roughly what an exemption could save you a year: the value it takes off, times your tax rate.

Exemption

Value taken off ($)

Filled in when the exemption is a fixed dollar amount. You can change it.

Tax rate (%)

Lexington City median effective rate: 0.85% (taxes paid as a share of home value). Use your own rate if you know it.

Enter a value and a tax rateChoose an exemption or type the value it takes off.

Median effective rate in Lexington City: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, county figures as published by Tax Foundation. It is a county-wide middle value; rates differ by town and school district.

An estimate, not a bill. Nothing you type here is sent anywhere.

Eligibility finder for Lexington City

Answer a few questions to see which property tax breaks may fit you. Nothing you type here is sent anywhere.

Do you own the home and live in it as your main home?

Your age, or the year you were born

Leave empty if you'd rather not say.

Are you a veteran?

Do you have a permanent disability?

Are you the surviving spouse of a veteran, service member or first responder?

Yearly household income ($)

Everyone in the home, before taxes. Optional: used only to compare with income limits.

Do you own and live in the home?Answer the first question to see results.

A first check, not a decision: only your county, city or town assessor decides. We read ages, ratings and income limits only where the official rule states them plainly; otherwise we show the rule for you to check.

Document checklist for Lexington City

Pick the breaks you plan to apply for. You get a checklist of forms, documents, steps and deadlines to print or keep on your phone.

Questions about property tax exemptions in Lexington City

What property tax exemptions are there in Lexington City?

Where do I apply for a property tax exemption in Lexington City?

City of Lexington Commissioner of the Revenue Phone: 540-462-3701.

When is the deadline to apply in Lexington City?

Real Estate Tax Relief for the Elderly and Disabled: December 7, 2026.

Is there an income limit for Lexington City’s local breaks?

Real Estate Tax Relief for the Elderly and Disabled: $45,000 combined income; $100,000 net worth.

Do I have to reapply every year in Lexington City?

Real Estate Tax Relief for the Elderly and Disabled: Every year.

Think your assessed value is too high? See how to appeal in Lexington City.

Sources

Lexington – Real Estate Tax Relief for Elderly & Disabled
Code of Virginia § 58.1-3210 (local tax relief for the elderly and disabled)
Median effective tax rate for Lexington City: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, county figures as published by Tax Foundation. The rate is property taxes paid divided by home value.

Last checked: Oct 2026.