Sumerduck, Fauquier County, Virginia Property Taxes
Median Sumerduck, VA effective property tax rate: 0.91%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Sumerduck, VA home value: $374,500
Median annual Sumerduck, VA tax bill: $3,274, $874 higher than the national median property tax bill of $2,400.
How are property taxes in Fauquier County calculated?
Property taxes in Sumerduck, 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 Sumerduck’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sumerduck, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sumerduck, Fauquier County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$3,665
$3,401
Property Tax Rates Across Sumerduck, Fauquier County, Virginia
Local government entities in Virginia, such as those in Fauquier County, are responsible for setting property tax rates, which can differ significantly across the state. This variation is due to each county's annual budgetary needs, which are determined by estimating the funds required to maintain essential public services. The total value of all taxable property within the county is then used to calculate the property tax rate. Although the process involves various votes and legislative measures, this is the fundamental approach taken each year.
In Sumerduck, located in Fauquier County, the effective property tax rate provides an interesting comparison to other cities in Virginia and the national averages. With Virginia's median property tax rate at 0.91%, it is below the national median of 1.02%. This lower rate can translate into significant savings for property owners, especially when compared to the national median property tax bill of $2,400. Understanding these differences can help property owners in Sumerduck make informed decisions about their property tax obligations and potential savings opportunities.
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 Sumerduck Tax Rate
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 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 Sumerduck, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22742 | 0.79% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Sumerduck, Fauquier County, Virginia
When examining property taxes in Sumerduck, 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 April. 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 Sumerduck. For example, the median home price in Sumerduck is $374,500, with tax bills ranging significantly across the county. Zip code 22742 has the highest median home price at $374,500.
Property Tax Assessment Values Across Sumerduck, Fauquier County, Virginia
Source: Ownwell
$321,100
$560,700
$800,300
Median Sumerduck Market Value
$385,800
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 Sumerduck, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22742 | $275,440 | $318,200 | $385,800 | $490,400 | $651,620 |
Source: Ownwell
Property Tax Bills Across Sumerduck, Fauquier County, Virginia
In Sumerduck, located in Fauquier County, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and the tax rate is set by local authorities. Homeowners in Sumerduck face a median property tax bill that is notably higher than the national median of $2,400. The 25th percentile tax bill is $2,501, while the 75th percentile tax bill is $4,236, with the 90th percentile reaching $5,331. These figures illustrate the potential financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers a solution to help homeowners reduce their property tax bills through expert property tax appeal services. By analyzing property assessments and market data, Ownwell identifies opportunities for tax reductions, ensuring homeowners pay only their fair share. This service can lead to significant savings, alleviating the financial pressure of high property tax bills for homeowners in Sumerduck.
Median Sumerduck Tax Bill
$3,562
Median Fauquier County Tax Bill
$4,438
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Sumerduck, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22742 | $2,415 | $2,925 | $3,562 | $4,513 | $5,566 |
Source: Ownwell