Stephens City, Frederick County, Virginia Property Taxes
Median Stephens City, VA effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Stephens City, VA home value: $304,500
Median annual Stephens City, VA tax bill: $1,475, $925 lower than the national median property tax bill of $2,400.
How are property taxes in Frederick calculated?
Property taxes in Stephens City, VA 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 March 1, 2025
Stephens City, Frederick County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$1,553
$1,441
Property Tax Rates Across Stephens City, Frederick County, Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
In Stephens City, located in Frederick County, VA, the effective property tax rate is notably lower than the national median. This can be particularly appealing for homeowners looking to reduce their annual tax burden. Compared to other cities in Virginia, Stephens City maintains a competitive property tax rate, which can be an attractive factor for potential homebuyers and investors. The median property tax rate in Virginia is also lower than the national median, making it a favorable state for property owners.
By understanding how property tax rates are determined and how they compare to national and state averages, property owners in Stephens City can make informed decisions about their investments and financial planning.
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
0.51%
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
0.51%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | 0.26% | 0.51% | 0.51% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
When examining property taxes in Stephens City, VA, 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 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.
In Frederick County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 $304,500, with tax bills ranging significantly across the county. Zip code 22655 has the highest median home price at $304,500.
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
Source: Ownwell
$216,300
$382,750
$549,200
Median Stephens City Market Value
$304,500
Median Frederick County Market Value
$318,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | $163,900 | $231,700 | $304,500 | $393,500 | $476,150 |
Source: Ownwell
Property Tax Bills Across Stephens City, Frederick County, Virginia
Property Tax Bills Across Stephens City, Frederick County, Virginia
Source: Ownwell
$1,054
$1,792
$2,530
Median Stephens City Tax Bill
$1,475
Median Frederick County Tax Bill
$1,559
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Stephens City, Frederick County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22655 | $761 | $1,022 | $1,475 | $1,947 | $2,370 |
Source: Ownwell