Fredericksburg, Fauquier County, Virginia Property Taxes

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Property Taxes in Fredericksburg, Virginia

Median Fredericksburg, VA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Fredericksburg, VA home value: $513,600
Median annual Fredericksburg, VA tax bill: $4,315, $1,915 higher than the national median property tax bill of $2,400.

How are property taxes in Fauquier calculated?

Property taxes in Fredericksburg, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fredericksburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fredericksburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fredericksburg, Fauquier County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$4,934

$4,579

Ownwell’s Fredericksburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fredericksburg with just two data points. By entering your property's estimated assessed value, our calculator applies Fredericksburg’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fauquier County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fredericksburg, Fauquier County, Virginia

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Fredericksburg’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

Fredericksburg in Virginia's Fauquier County has a median property tax rate of 0.91%, which is lower than the national median property tax rate of 1.02%. This means homeowners in Fredericksburg may pay less in property taxes compared to the national average. However, it’s important to consider that while Fredericksburg’s rate is lower than the national median, rates can still vary significantly depending on the specific needs and budgets of local government entities. Homeowners should stay informed about local tax policies and any potential changes that could affect their property tax bills.

Property Tax Rates Across Fredericksburg, Fauquier County, Virginia

Source: Ownwell

0.94%

0.95%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fredericksburg Tax Rate

0.95%

Median Effective Fauquier County Tax Rate

0.95%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fredericksburg, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
22406	0.56%	0.69%	0.95%	0.95%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia

When examining property taxes in Fredericksburg, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fauquier County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Fauquier County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fredericksburg. For example, the median home price in Fredericksburg is $513,600, with tax bills ranging significantly across the county. Zip code 22406 has the highest median home price at $513,600.

Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia

Source: Ownwell

$321,100

$560,700

$800,300

Median Fredericksburg Market Value

$519,400

Median Fauquier County Market Value

$476,600

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
22406	$327,920	$400,150	$519,400	$834,950	$1,011,940

Source: Ownwell

Property Tax Bills Across Fredericksburg, Fauquier County, Virginia

In Fredericksburg, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Fredericksburg, the median home price is $513,600, leading to tax bills that can vary significantly. For example, the 25th percentile tax bill is $3,138, while the 75th percentile reaches $5,014, and the 90th percentile can go up to $5,953. These figures are notably higher than the national median property tax bill of $2,400. Homeowners in Fredericksburg may find their property taxes to be a substantial financial burden. This is where Ownwell can help. By providing professional property tax appeal and exemption services, Ownwell assists homeowners in potentially reducing their assessed property values, thereby lowering their tax bills. With expert guidance and a thorough understanding of local tax regulations, Ownwell can help homeowners achieve significant savings on their property taxes.

Property Tax Bills Across Fredericksburg, Fauquier County, Virginia

Source: Ownwell

$3,079

$5,038

$6,996

Median Fredericksburg Tax Bill

$4,510

Median Fauquier County Tax Bill

$4,438

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Fredericksburg, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
22406	$2,830	$3,373	$4,510	$5,306	$6,237

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links
Fauquier Tax Assessor
Website	www.actdatascout.com

Frequently Asked Property Tax Questions in Fredericksburg, Virginia

How are property taxes calculated in Fredericksburg, Virginia?

Property taxes in Fredericksburg, Virginia are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Fredericksburg, Virginia?

To appeal your property taxes in Fredericksburg, Virginia, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Fredericksburg, Virginia?

Common property tax exemptions in Fredericksburg, Virginia include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Fredericksburg, Virginia?

Property tax deadlines in Fredericksburg, Virginia vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Fredericksburg, Virginia?

Ownwell provides professional property tax appeal services in Fredericksburg, Virginia. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.