Fredericksburg city, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 4,756.
The median annual property tax in Fredericksburg city is $2,853, which is 46% higher than the Virginia state average and 48% above the national average. The effective tax rate is 0.62% on a median home value of $461,500. Property taxes represent 3.3% of the median household income in this county.
Median Annual Tax
$2,853
+46% vs State
+48% vs US
Median Home Value
$461,500
+66% vs State
+118% vs US
Effective Tax Rate
0.62%
-7% vs State
-35% vs US
With vs Without Mortgage
With Mortgage
$2,908
$242/mo
Without Mortgage
$2,749
$229/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,853 +2.0% | 0.62% |
| 2022 | $2,796 +9.7% | 0.64% |
| 2021 | $2,548 +6.1% | 0.67% |
| 2020 | $2,402 -3.2% | 0.64% |
| 2019 | $2,481 | 0.68% |
Tax Burden
Tax-to-Income Ratio
3.3%
of median household income
Median Income
$85,368
per year
Monthly Tax
$238
per month
Other Counties in Virginia
Colonial Heights city
Tax: $2,127/yr Rate: 0.92%
Lexington city
Tax: $2,378/yr Rate: 0.86%
Bedford County
Tax: $1,265/yr Rate: 0.46%
Chesterfield County
Tax: $2,636/yr Rate: 0.78%
Russell County
Tax: $644/yr Rate: 0.54%
Frederick County
Tax: $1,807/yr Rate: 0.51%
Frequently Asked Questions
What is the average property tax in Fredericksburg city, Virginia? ▼
The median annual property tax in Fredericksburg city is $2,853 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.62% on a median home value of $461,500.
How does Fredericksburg city property tax compare to the national average? ▼
Property taxes in Fredericksburg city are 48% above the national average of $1,923. The effective rate of 0.62% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Fredericksburg city? ▼
In Fredericksburg city, homeowners with a mortgage pay a median of $2,908 in annual property taxes, while homeowners without a mortgage pay $2,749. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Fredericksburg city? ▼
Property taxes in Fredericksburg city represent approximately 3.3% of the median household income of $85,368. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.