Property Taxes in Fredericksburg, Virginia
Median Fredericksburg, Virginia effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median Fredericksburg, Virginia home value: $519,400
Median annual Fredericksburg, Virginia tax bill: $4,510, $2,110 higher than the national median property tax bill of $2,400.
How are property taxes in Fauquier calculated?
Property taxes in Fredericksburg, Virginia 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 Fredericksburg's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fredericksburg, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Fredericksburg Property Tax Calculator Work?
Use this Fredericksburg property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fredericksburg's median effective tax rate of 0.95% — based on actual property records in Fauquier County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fredericksburg's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fredericksburg: rates range from 0.95% in 22406 to 0.95% in 22406, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fredericksburg.
About Fredericksburg Property Taxes
About Property Taxes in Fredericksburg, Fauquier, Virginia
Fredericksburg’s median effective property tax rate of 0.95% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Fauquier County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fredericksburg. Homeowners in the 22406 ZIP code carry a median effective rate of 0.95%, while those in the same ZIP code pay 0.95%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Fauquier County. Understanding which part of Fredericksburg you live in can make a meaningful difference to your annual tax bill.
Fredericksburg homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fredericksburg, Fauquier County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Fredericksburg's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Fredericksburg Tax Rate
0.95%
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 Fauquier County Tax Rate
0.95%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Fredericksburg, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22406 | 0.56% | 0.69% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia
When examining property taxes in Fredericksburg, Virginia, 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 Fauquier 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 Fauquier County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Fredericksburg.
For example, the median home price in Fredericksburg is $519,400, with tax bills ranging significantly across the county. 22406 has the highest median home price at $519,400.
Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia
Source: Ownwell
$321,100
$560,700
$800,300
Median Fredericksburg Market Value
$519,400
Median Fauquier County Market Value
$476,600
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Fredericksburg, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22406 | $327,920 | $400,150 | $519,400 | $834,950 | $1,011,940 |
Source: Ownwell
Property Tax Bills Across Fredericksburg, Fauquier County, Virginia
Property tax bills in Fredericksburg are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on what the property is worth for tax purposes, not what the owner originally paid, and it can change as market conditions shift. For homeowners, this means a higher market value can lead to a larger tax bill even if nothing has changed about the home itself.
In Fredericksburg, the median home price is $519,400, and the median property tax bill is $4,510 in ZIP code 22406. That is well above the national median property tax bill of $2,400 and reflects how local assessments can create a heavier annual cost for homeowners. Bills can vary widely, with the 25th percentile at $3,373 and the 75th percentile at $5,306, while the 90th percentile reaches $6,237.
Property Tax Bills Across Fredericksburg, Fauquier County, Virginia
Source: Ownwell
$3,079
$5,038
$6,996
Median Fredericksburg Tax Bill
$4,510
Median Fauquier County Tax Bill
$4,438
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Fredericksburg, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22406 | $2,830 | $3,373 | $4,510 | $5,306 | $6,237 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Fauquier Tax Assessor | |
| Website | www.actdatascout.com |