Dogue, Virginia Property Taxes
The median property tax rate in Dogue, Virginia is 0.68%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. Despite this, with the median home value in Dogue, the typical annual property tax bill reaches $8,616, significantly exceeding the national median of $2,690. Property taxes in Dogue are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dogue's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Dogue or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dogue, Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,780
Ownwell’s Dogue Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dogue with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dogue to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Dogue, Virginia
Property taxes in Dogue, Virginia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dogue is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Dogue set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dogue estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Dogue's effective property tax rate to other counties in Virginia and the national median. For comparison, the zip code 22451 has the highest median property tax rate of 0.68%, while the same zip code also has the lowest median tax rate of 0.68%. Understanding how these cities compare with Dogue provides valuable insights into the varying tax landscape across King George County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dogue Tax Rate
0.68%
Average King George County Tax Rate
0.68%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dogue, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22451 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Dogue, Virginia
In Dogue, Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the King George County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Dogue, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Dogue helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill of $8,616 is 22451, which is the same for the lowest median tax bill.
Average Dogue Assessed Value
$1,267,100
Average King George County Assessed Value
$357,400
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dogue, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22451 | $1,267,100 | $1,267,100 | $1,267,100 | $1,267,100 | $1,267,100 |
Source: Ownwell
Property Tax Bills Across Dogue, Virginia
In Dogue, located in King George County, VA, property tax bills are calculated based on the assessed value of the property. This assessment is determined by the county assessor and reflects the market value of the home. For instance, with a median home price of $1,267,100, homeowners can expect a substantial property tax bill. Several factors influence this assessment, including the property's size, location, and condition. The tax rate is applied to the assessed value to determine the annual tax bill. In Dogue, the property tax bills show little variation, with the 25th, 75th, and 90th percentiles all at $8,616. This consistency suggests a uniform tax rate across the board. When compared to the national median property tax rate of 0.99%, Dogue's tax rate may appear higher, significantly impacting homeowners' annual expenses. Understanding these factors helps homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Dogue Tax Bill
$8,616
Average King George County Tax Bill
$2,400
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Dogue, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22451 | $8,616 | $8,616 | $8,616 | $8,616 | $8,616 |
Source: Ownwell