Property Taxes in Stephens City, Virginia
Median Stephens City, Virginia effective property tax rate: 0.26%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Stephens City, Virginia home value: $306,200
Median annual Stephens City, Virginia tax bill: $773, $1,627 lower than the national median property tax bill of $2,400.
How are property taxes in Frederick calculated?
Property taxes in Stephens City, 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 Stephens City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stephens City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Stephens City Property Tax Calculator Work?
Use this Stephens City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Stephens City's median effective tax rate of 0.26% — based on actual property records in Frederick County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Stephens City'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 Stephens City: rates range from 0.26% in 22655 to 0.26% in 22655, 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 Stephens City.
About Stephens City Property Taxes
About Property Taxes in Stephens City, Frederick, Virginia
Stephens City's median effective property tax rate of 0.26% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Frederick 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 Stephens City. Homeowners in the 22655 ZIP code carry a median effective rate of 0.26%, while those in the same ZIP code pay 0.26%. This spread reflects how school district boundaries and local assessment districts are drawn across Frederick County. Understanding which part of Stephens City you live in can make a meaningful difference to your annual tax bill.
Stephens City 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 Stephens City, Frederick 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 Stephens City’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 ÷ 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 Stephens City Tax Rate
0.26%
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 Frederick County Tax Rate
0.26%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% |
Source: Ownwell
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
When examining property taxes in Stephens City, 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 Frederick 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:
In Frederick 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 Stephens City.
For example, the median home price in Stephens City is $306,200, with tax bills ranging significantly across the county. 22655 has the highest median home price at $306,200.
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
Source: Ownwell
$216,400
$382,450
$548,500
Median Stephens City Market Value
$306,200
Median Frederick County Market Value
$320,400
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | $165,500 | $233,200 | $306,200 | $393,500 | $476,120 |
Source: Ownwell
Property Tax Bills Across Stephens City, Frederick County, Virginia
Property tax bills in Stephens City are based on a home’s assessed value, which is set by the local tax authority and compared with the tax rate in Frederick County. With a median home price of $306,200, the amount a homeowner owes depends on how that assessed value is translated into taxes each year.
Several factors affect the final bill, including the home’s market value, local assessment practices, and any changes in the tax rate. For many homeowners, this means the bill can rise or fall even if nothing changes about the property itself. In Stephens City, the median property tax bill is $773, while the 25th percentile is $581 and the 75th percentile is $996. At the high end, the 90th percentile reaches $1,208.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Stephens City homeowners often face lower property tax bills, but the amount still has a direct impact on monthly housing costs and long-term affordability.
Median Stephens City Tax Bill
$773
Median Frederick County Tax Bill
$827
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | $414 | $581 | $773 | $996 | $1,208 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Frederick Tax Assessor | |
| Website | www.actdatascout.com |