2026 effective rate · 0.80% · below the US average (0.99%)
Virginia Property Tax Calculator
Estimate annual and monthly property tax in Virginia. The state's effective property tax rate is 0.80% (close to the national average, vs the US average of about 0.99%). On a $348,300 median-value home, that works out to about $2,780 per year or $232 per month.
Virginia median home property tax
$2,786 per year
$232 per month at the median home value of $348,300
Effective rate 0.80% times $348,300 = $2,786
Virginia property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $1,200 | $100 | 0.80% |
| $250,000 | $2,000 | $167 | 0.80% |
| $348,300 (median) | $2,786 | $232 | 0.80% |
| $350,000 | $2,800 | $233 | 0.80% |
| $500,000 | $4,000 | $333 | 0.80% |
| $750,000 | $6,000 | $500 | 0.80% |
Uses Virginia's 2026 effective rate (0.80%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Virginia mortgage calculator.
Virginia property tax overview
Virginia has below-average property tax rates statewide, but rates vary widely by city/county. Real estate tax relief programs available in most localities for seniors/disabled.
Virginia's effective rate of 0.80% ranks close to the national average nationally. Median annual property tax: $2,780. Median home value: $348,300.
Virginia vs neighboring states
| State | Effective rate | Median home | Median annual tax |
|---|---|---|---|
| Virginia (this page) | 0.80% | $348,300 | $2,780 |
| Maryland | 0.99% | $371,100 | $3,680 |
| District of Columbia | 0.56% | $687,500 | $3,830 |
| West Virginia | 0.57% | $134,200 | $768 |
FAQs about Virginia property tax
What is the property tax rate in Virginia?
Virginia's effective property tax rate is 0.80% (close to the national average, vs national average of ~0.99%). On a $348,300 median-value home, that's about $2,780 per year, or roughly $232 per month added to your housing cost.
How is property tax calculated in Virginia?
Property tax = assessed value times the local mill rate (millage). The effective rate (0.80%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 0.80% for an annual estimate.
When are property taxes due in Virginia?
Property tax due dates vary by county within Virginia. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Virginia have a homestead exemption?
Virginia offers various property tax relief programs. Virginia has below-average property tax rates statewide, but rates vary widely by city/county. Real estate tax relief programs available in most localities for seniors/disabled. Check with your county assessor for primary-residence exemptions and senior or disabled programs that may reduce your annual property tax bill.
How does Virginia property tax compare to neighboring states?
Virginia's 0.80% rate compares to: Maryland (0.99%), District of Columbia (0.56%), West Virginia (0.57%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Virginia?
Yes. Every US state including Virginia provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Virginia property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.