County Housing Costs

Virginia property tax

Official source data 2024

On a $400,000 home in Virginia

$2,909

estimated annual property tax

$242monthly budget
0.73%state effective rate

ACS 2020-2024 ratio of medians. This estimate does not use your parcel’s assessment or district tax rates.

Make it your number.

Virginia, Virginia

Your actual bill depends on your local assessment, exemptions, and taxing districts.

A home value. A yearly budget.

These scenarios use the same 0.73% effective rate. They do not predict an individual tax assessment.

Property tax scenarios in Virginia
Home valueAnnual estimateMonthly budget
$100,000$727$61
$150,000$1,091$91
$200,000$1,454$121
$250,000$1,818$151
$300,000$2,181$182
$350,000$2,545$212
$400,000$2,909$242
$450,000$3,272$273
$500,000$3,636$303
$600,000$4,363$364
$750,000$5,453$454
$1,000,000$7,271$606
$1,250,000$9,089$757
$1,500,000$10,907$909
$1,750,000$12,725$1,060
$2,000,000$14,543$1,212

Property tax by county.

133 counties and county equivalents in Virginia. Median taxes and values come from ACS 2024.

County property-tax data in Virginia
CountyEffective rateMedian tax paidYour value estimate
Fairfax County1.01%$7,368$4,022
Prince William County0.94%$4,999$3,772
Virginia Beach city0.80%$3,061$3,201
Loudoun County0.85%$6,325$3,401
Chesterfield County0.76%$2,773$3,031
Henrico County0.71%$2,565$2,856
Chesapeake city0.82%$3,108$3,285
Arlington County0.91%$8,153$3,644
Norfolk city1.00%$2,890$3,988
Richmond city0.89%$3,150$3,569
Newport News city1.01%$2,634$4,043
Stafford County0.70%$3,410$2,812
Alexandria city0.96%$7,024$3,822
Spotsylvania County0.58%$2,347$2,319
Hampton city0.95%$2,327$3,788
Albemarle County0.75%$3,719$3,003
Hanover County0.66%$2,627$2,624
Montgomery County0.74%$2,249$2,953
Suffolk city0.93%$3,229$3,718
Roanoke city0.99%$1,893$3,975
Portsmouth city1.04%$2,557$4,143
Roanoke County0.85%$2,436$3,407
Frederick County0.48%$1,846$1,913
Rockingham County0.53%$1,645$2,102
James City County0.65%$2,901$2,595

What can change your bill?

The ACS effective rate is a ratio of medians, not a statutory rate. Local assessed values, levies, classification, caps and exemptions determine the actual bill.

Exemptions & assessment

No uniform flat exemption is applied. Enter your assessor-provided assessment ratio and qualifying exemption for a separate statutory scenario.

Payment dates & appeals

Local governments administer real-estate tax and set payment dates. Use Virginia Tax's local-office directory to confirm the county or city bill, rate and installment schedule.

Real-estate assessment review belongs with the local assessing official, Board of Equalization or appropriate court, rather than Virginia Tax's state-tax appeal office. Local filing deadlines and later court remedies differ.

Check Virginia’s official property-tax guidance

Use an assessed value, exemption, and local millage

This separate scenario needs your assessor’s inputs. An exemption applies only to eligible levies; do not apply it to the county’s historical effective rate.

1 mill = $1 per $1,000 of taxable assessed value.

Good questions. Clear answers.

How much is property tax on a $400,000 home in Virginia?

The historical effective-rate estimate is $2,909 per year, or $242 a month. It multiplies $400,000 by 0.73%.

Is the effective rate the rate on my tax bill?

No. It is median real-estate taxes paid divided by median home value in the ACS 2020-2024 survey. Your taxing districts, assessed value, classification and exemptions determine your bill.

Can I subtract a homestead exemption from this estimate?

Use the separate statutory scenario with a qualifying levy. Subtracting an exemption from an ACS effective-rate estimate can double-count relief already reflected in taxes paid.

Does a higher purchase price change my assessment?

Assessment rules and reassessment dates vary by state and locality. Contact the linked official property-tax office before relying on a historical county ratio.

How do I appeal a property-tax assessment?

Read the deadline and procedure on your assessment notice, then use the official state guidance above to locate your assessor or review board. County survey data does not establish your appeal deadline.

Check the source.

Data as of 2024. Retrieved .

Read the assumptions and calculation methods