Kennesaw, Virginia Property Taxes
The median property tax rate in Kennesaw, VA is 1.14%, considerably higher than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Kennesaw at $683,970, the typical annual property tax bill reaches $7,821, significantly exceeding the national median of $2,690. Property taxes in Kennesaw are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kennesaw'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 Kennesaw 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
Kennesaw, 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 Kennesaw Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kennesaw with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kennesaw 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 Kennesaw, Virginia
Property taxes in Kennesaw, Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kennesaw is 1.14%, significantly higher than the U.S. national median of 0.99%. Local government entities within Kennesaw set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kennesaw 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 Kennesaw's effective property tax rate to other counties in Virginia and the national median. For comparison, the 30152 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Kennesaw provides valuable insights into the varying tax landscape across Fairfax County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kennesaw Tax Rate
1.14%
Average Fairfax County Tax Rate
1.14%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kennesaw, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30152 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Kennesaw, Virginia
In Kennesaw, 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 Fairfax 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 Kennesaw, 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 Kennesaw helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Kennesaw are both $7,821, found in the 30152 zip code.
Property Tax Assessment Values Across Kennesaw, Virginia
Source: Ownwell
$26,110
$12,068,795
$24,111,480
Average Kennesaw Assessed Value
$683,970
Average Fairfax County Assessed Value
$616,950
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kennesaw, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30152 | $683,970 | $683,970 | $683,970 | $683,970 | $683,970 |
Source: Ownwell
Property Tax Bills Across Kennesaw, Virginia
In Kennesaw, located within Fairfax County, VA, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor's office. The assessed value is a percentage of the property's market value, reflecting its worth in the current real estate market. Once the assessed value is established, a tax rate, also known as a millage rate, is applied to calculate the tax bill. For homeowners in Kennesaw, the median home price stands at $683,970. With a tax bill consistently at $7,821 across various percentiles, it suggests a uniform application of the tax rate within this area. This figure is significantly higher than the national median property tax rate of 0.99%, indicating a more substantial financial commitment for property owners. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners must consider these taxes when budgeting for homeownership in Kennesaw, as they represent a significant recurring expense.
Average Kennesaw Tax Bill
$7,821
Average Fairfax County Tax Bill
$7,154
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Kennesaw, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30152 | $7,821 | $7,821 | $7,821 | $7,821 | $7,821 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | June 6 |
| Due Date #2 | December 5 |
Links | |
|---|---|
| Fairfax Tax Assessor | |
| realestateoffice@fairfaxva.gov. | |