Saluda, King And Queen County, Virginia Property Taxes
Median Saluda, VA effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Saluda, VA home value: $146,900
Median annual Saluda, VA tax bill: $808, $1,592 lower than the national median property tax bill of $2,400.
How are property taxes in King and Queen calculated?
Property taxes in Saluda, 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 Saluda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Saluda, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saluda, King And Queen County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$992
$921
Property Tax Rates Across Saluda, King And Queen County, Virginia
Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because annually, each county calculates its necessary budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual procedure in brief.
You can compare Saluda’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Saluda, located in King and Queen County, has a median property tax rate of 0.55%. This rate is notably below the national median property tax rate of 1.02%, highlighting its affordability. For property owners in Saluda, this translates to a lower tax burden compared to many other regions. By understanding these rates, property owners can better navigate their financial responsibilities and potentially explore appealing their property taxes if they believe their assessed value is inaccurate.
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 Saluda Tax Rate
0.50%
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 And Queen County Tax Rate
0.50%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Saluda, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23149 | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Saluda, King And Queen County, Virginia
When examining property taxes in Saluda, 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 King and Queen 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 King and Queen 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 Saluda. For example, the median home price in Saluda is $146,900, with tax bills ranging significantly across the county. 23149 has the highest median home price at $146,900.
Property Tax Assessment Values Across Saluda, King And Queen County, Virginia
Source: Ownwell
$180,100
$207,625
$235,150
Median Saluda Market Value
$198,400
Median King And Queen County Market Value
$194,000
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Saluda, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23149 | $99,720 | $135,250 | $198,400 | $280,400 | $373,700 |
Source: Ownwell
Property Tax Bills Across Saluda, King And Queen County, Virginia
Median Saluda Tax Bill
$992
Median King And Queen County Tax Bill
$970
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Saluda, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23149 | $499 | $676 | $992 | $1,402 | $1,868 |
Source: Ownwell