King George County, Virginia Property Taxes

Name: Property Tax Bills Across King George County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median King George County effective property tax rate: 0.68%, significantly lower than the national median of 1.02%. Median King George County home value: $357,400. Median annual King George County tax bill: $2,400, equal to the national median property tax bill of $2,400.

How are property taxes in King George County calculated?

Property taxes in King George County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in King George or another part of King George County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

King George County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$2,430

$2,255

Ownwell’s King George County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in King George County with just two data points. By entering your property's estimated assessed value, our calculator applies King George County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in King George County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across King George County, Virginia

Local government entities set tax rates, which can vary significantly within a state. The annual process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how it works each year. King George County in Virginia, for instance, has an effective property tax rate that can be compared to other counties in the state or even the national median property tax rate. The county's median tax rate stands at 0.68%, which is lower than the national median property tax rate of 1.02%. This lower rate can be an attractive factor for property owners in King George County, offering them a more favorable tax environment compared to the national average.

Property Tax Rates Across King George County, Virginia

Source: Ownwell

0.68%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective King George County Tax Rate

0.68%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across King George County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
King George	0.68%	0.68%	0.68%	0.68%	0.68%
Colonial Beach	N/A	N/A	N/A	N/A	N/A
Dahlgren	N/A	N/A	N/A	N/A	N/A
Dogue	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across King George County, Virginia

When examining property taxes in King George County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The King George County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In King George County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in King George County. For example, the median tax bill in King George County is $2400, with tax bills ranging significantly across the county. King George has the highest median home price at $357,400.

Property Tax Assessment Values Across King George County, Virginia

Source: Ownwell

$357,400

Median King George County Market Value

$357,400

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across King George County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
King George	$165,800	$258,600	$357,400	$437,200	$541,900
Colonial Beach	N/A	N/A	N/A	N/A	N/A
Dahlgren	N/A	N/A	N/A	N/A	N/A
Dogue	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across King George County, Virginia

In King George County, VA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's tax assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Homeowners in King George County experience a range of tax bills, with the 25th percentile paying around $1,726, and those in the 75th percentile facing bills of approximately $2,948. At the 90th percentile, tax bills can climb to $3,639. The median property tax bill in King George County is notably higher than the national median of $2,400, reflecting the county's higher median home price of $357,400. This can significantly impact homeowners, as higher property taxes can increase the overall cost of homeownership. Understanding how these taxes are calculated is crucial for homeowners to manage their financial planning effectively.

Property Tax Bills Across King George County, Virginia

Source: Ownwell

$2,400

Median King George County Tax Bill

$2,400

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across King George County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
King George	$1,080	$1,726	$2,400	$2,948	$3,639
Colonial Beach	N/A	N/A	N/A	N/A	N/A
Dahlgren	N/A	N/A	N/A	N/A	N/A
Dogue	N/A	N/A	N/A	N/A	N/A

Source: Ownwell