Spotsylvania County Property Taxes
The median property tax rate in Spotsylvania is 0.77%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Spotsylvania at $279,200, the typical annual property tax bill reaches $2,149, which is below the national median of $2,690. Property taxes in Spotsylvania are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Spotsylvania's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fredericksburg or another part of Spotsylvania, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Spotsylvania County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$2,150
Ownwell’s Spotsylvania Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Spotsylvania with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Spotsylvania to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Spotsylvania County, Virginia
Property taxes in Spotsylvania play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Spotsylvania is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Spotsylvania set these rates annually, and they can vary significantly between different areas within the county. Each year, Spotsylvania estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Locust Grove has one of the higher property tax rates in the region at 0.77%, while the city of Charlotte boasts one of the lowest at 0.77%. Analyzing how Spotsylvania's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Spotsylvania County Tax Rate
0.77%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Spotsylvania County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverdam | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Bumpass | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Charlotte | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Fredericksburg | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Locust Grove | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Mineral | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Orange | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Partlow | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Ruther Glen | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Spotsylvania | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Unionville | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Woodford | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Spotsylvania County, Virginia
In Spotsylvania, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Spotsylvania Appraisal District. The assessed value, however, 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. Assessment notices in Spotsylvania are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Spotsylvania will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Unionville has the highest median tax bill at $4,180, while Charlotte has the lowest at $478.
Property Tax Assessment Values Across Spotsylvania County, Virginia
Source: Ownwell
$62,000
$301,850
$541,700
Average Spotsylvania County Assessed Value
$279,200
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Spotsylvania County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverdam | $58,250 | $89,375 | $166,300 | $239,575 | $299,100 |
| Bumpass | $76,480 | $197,750 | $395,100 | $665,850 | $927,470 |
| Charlotte | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 |
| Fredericksburg | $183,430 | $235,600 | $292,600 | $374,900 | $458,000 |
| Locust Grove | $124,940 | $172,875 | $211,550 | $246,975 | $329,360 |
| Mineral | $109,980 | $241,100 | $406,500 | $633,500 | $885,200 |
| Orange | $39,020 | $194,975 | $342,450 | $622,500 | $894,720 |
| Partlow | $84,380 | $139,800 | $202,200 | $286,100 | $391,480 |
| Ruther Glen | $102,960 | $113,500 | $139,700 | $277,300 | $301,500 |
| Spotsylvania | $4,100 | $132,900 | $243,700 | $378,000 | $539,000 |
| Unionville | $144,520 | $244,800 | $541,700 | $902,400 | $1,053,020 |
| Woodford | $85,830 | $123,625 | $184,700 | $301,075 | $432,990 |
Source: Ownwell
Property Tax Bills Across Spotsylvania County, Virginia
In Spotsylvania County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Spotsylvania is $279,200, which serves as a benchmark for calculating typical tax bills in the area. Homeowners in Spotsylvania can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,569, while the 75th percentile reaches $2,926, and the 90th percentile goes up to $3,830. These figures indicate that the tax burden can differ greatly depending on the value of the property. Comparatively, the national median property tax rate is 0.99%, and Spotsylvania's rates reflect a similar range, making it crucial for homeowners to understand their property's assessed value to anticipate their annual tax obligations accurately. This variability in tax bills can significantly impact homeowners' budgeting and financial planning.
Average Spotsylvania County Tax Bill
$2,149
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Spotsylvania County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverdam | $383 | $604 | $1,259 | $1,849 | $2,327 |
| Bumpass | $573 | $1,514 | $3,049 | $5,138 | $7,178 |
| Charlotte | $478 | $478 | $478 | $478 | $478 |
| Fredericksburg | $1,377 | $1,803 | $2,253 | $2,891 | $3,532 |
| Locust Grove | $742 | $1,328 | $1,652 | $1,939 | $2,598 |
| Mineral | $765 | $1,860 | $3,136 | $4,871 | $6,823 |
| Orange | $289 | $1,461 | $2,589 | $4,755 | $6,905 |
| Partlow | $536 | $1,031 | $1,562 | $2,222 | $3,043 |
| Ruther Glen | $784 | $845 | $1,078 | $2,140 | $2,327 |
| Spotsylvania | $30 | $954 | $1,872 | $2,915 | $4,159 |
| Unionville | $1,115 | $1,889 | $4,180 | $6,964 | $8,126 |
| Woodford | $498 | $962 | $1,417 | $2,283 | $3,327 |
Source: Ownwell