Caroline County, Virginia Property Taxes
Property Taxes in Caroline County, Virginia
Median Caroline County effective property tax rate: 0.77%, significantly lower than the national median of 1.02%.
Median Caroline County home value: $199,900
Median annual Caroline County tax bill: $1,578, $822 lower than the national median property tax bill of $2,400.
How are property taxes in Caroline County calculated?
Property taxes in Caroline 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.
Why is Caroline County’s property tax rate important? The county’s effective property tax rate is 0.77%, which is lower than the Virginia median tax rate of 0.90% and the national median of 1.02%.
What does the median tax bill mean for homeowners? The median annual tax bill of $1,578 is $822 lower than the national median property tax bill of $2,400.
Understanding Caroline County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Caroline County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Caroline County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,539
$1,428
How Does the Caroline County Property Tax Calculator Work?
Use this Caroline County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Caroline County's median effective tax rate of 0.77% to generate your estimate.
Enter your property's estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
Caroline County’s median property tax bill is $1,578, which is lower than the Virginia median tax bill of $2,400 and below the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Caroline County.
Property Tax Rates Across Caroline County, Virginia
What Are Effective Property Tax Rates Across Caroline County?
Local government entities set tax rates, which vary widely across Caroline County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Caroline County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Caroline County's median effective rate stands at 0.77%, which is lower than the national median of 1.02%. Within Caroline County, the highest rate is found in Beaverdam at 0.77%, while Beaverdam has the lowest at 0.77%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Caroline County Tax Rate
0.77%
Our median effective property tax rate (tax bill Ă· 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 Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Caroline 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% |
| Bowling Green | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Champlain | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Doswell | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Fredericksburg | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Hanover | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Milford | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Port Royal | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Rappahannock Academy | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Ruther Glen | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Woodford | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Caret | N/A | N/A | N/A | N/A | N/A |
| Fort Walker | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Caroline County, Virginia
When examining property taxes in Caroline 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 Caroline County assessment office 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 are sent in the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median tax bill in Caroline County is $1,578, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills range across the county, with Fredericksburg showing the highest median home price at $256,400 and the highest median tax bill at $1,984.
Property Tax Assessment Values Across Caroline County, Virginia
Source: Ownwell
$176,100
$216,250
$256,400
Median Caroline County Market Value
$199,900
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Caroline County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverdam | $108,700 | $154,600 | $211,700 | $293,650 | $413,800 |
| Bowling Green | $100,770 | $143,300 | $221,550 | $290,575 | $359,840 |
| Champlain | $57,100 | $107,100 | $185,200 | $218,700 | $275,800 |
| Doswell | $94,260 | $117,400 | $176,100 | $268,400 | $340,500 |
| Fredericksburg | $120,740 | $170,450 | $256,400 | $341,350 | $470,380 |
| Hanover | $98,640 | $131,050 | $188,200 | $251,550 | $315,640 |
| Milford | $90,250 | $126,600 | $182,250 | $260,050 | $373,400 |
| Port Royal | $106,630 | $157,525 | $228,700 | $370,275 | $585,780 |
| Rappahannock Academy | $54,090 | $114,675 | $190,550 | $278,775 | $451,210 |
| Ruther Glen | $96,350 | $152,200 | $201,050 | $263,375 | $331,690 |
| Woodford | $99,440 | $137,100 | $192,300 | $272,300 | $373,040 |
| Caret | N/A | N/A | N/A | N/A | N/A |
| Fort Walker | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Caroline County, Virginia
Property tax bills in Caroline County are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. Local governments use these taxes to fund services that homeowners rely on, so the amount owed can vary from one property to another.
For a home with a median market value of $199,900, the tax bill can differ widely depending on location and assessment details. In Caroline County, the 25th percentile tax bill is $1,178, while the 75th percentile is $2,119 and the 90th percentile is $2,723. That range shows how much property taxes can affect household budgets. Compared with the national median property tax bill of $2,400, many homeowners in the county pay less, but some pay close to or above that level depending on how their property is assessed.
Median Caroline County Tax Bill
$1,578
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Caroline County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaverdam | $837 | $1,190 | $1,630 | $2,261 | $3,186 |
| Bowling Green | $833 | $1,135 | $1,738 | $2,248 | $2,778 |
| Champlain | $440 | $825 | $1,426 | $1,684 | $2,124 |
| Doswell | $726 | $904 | $1,356 | $2,067 | $2,622 |
| Fredericksburg | $975 | $1,314 | $1,984 | $2,646 | $3,636 |
| Hanover | $760 | $1,009 | $1,449 | $1,937 | $2,430 |
| Milford | $695 | $975 | $1,403 | $2,002 | $2,875 |
| Port Royal | $863 | $1,217 | $1,768 | $2,862 | $4,531 |
| Rappahannock Academy | $496 | $915 | $1,491 | $2,153 | $3,541 |
| Ruther Glen | $990 | $1,244 | $1,601 | $2,072 | $2,582 |
| Woodford | $766 | $1,056 | $1,481 | $2,097 | $2,872 |
| Caret | N/A | N/A | N/A | N/A | N/A |
| Fort Walker | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 2 |
Links | |
|---|---|
| Caroline Tax Assessor | |
| Website | caroline.civ.quest |