Keswick, Fluvanna County, Virginia Property Taxes
Median Keswick, VA effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Keswick, VA home value: $402,300
Median annual Keswick, VA tax bill: $3,395, $995 higher than the national median property tax bill of $2,400.
How are property taxes in Fluvanna calculated?
Property taxes in Keswick, 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 Keswick’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keswick, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Keswick, Fluvanna County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$3,441
$3,194
Property Tax Rates Across Keswick, Fluvanna County, Virginia
Local government entities set property tax rates, which can differ significantly within a state due to varying budgetary needs. Each county annually estimates its budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the basic annual process.
Compare Keswick’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Keswick, located in Fluvanna County, has a median property tax rate of 0.84%, which is below the national median property tax rate of 1.02%. This means property owners in Keswick generally pay less in property taxes compared to the national average. The median property tax bill in Keswick is likely more affordable than the national median of $2,400. Understanding these differences can help property owners make informed decisions and potentially save on property taxes.
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 Keswick Tax Rate
0.84%
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 Fluvanna County Tax Rate
0.84%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Keswick, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22947 | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Keswick, Fluvanna County, Virginia
When examining property taxes in Keswick, 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 Fluvanna 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 Fluvanna County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. 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 Keswick. For example, the median home price in Keswick is $402,300, with tax bills ranging significantly across the county. The zip code 22947 has the highest median home price at $402,300.
Property Tax Assessment Values Across Keswick, Fluvanna County, Virginia
Source: Ownwell
$138,400
$274,050
$409,700
Median Keswick Market Value
$409,700
Median Fluvanna County Market Value
$253,300
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Keswick, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22947 | $204,760 | $325,700 | $409,700 | $475,350 | $590,020 |
Source: Ownwell
Property Tax Bills Across Keswick, Fluvanna County, Virginia
Median Keswick Tax Bill
$3,442
Median Fluvanna County Tax Bill
$2,099
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Keswick, Fluvanna County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22947 | $1,728 | $2,700 | $3,442 | $3,896 | $4,928 |
Source: Ownwell