Property Taxes in Stevensville, Virginia
Median Stevensville, Virginia effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Stevensville, Virginia home value: $197,000
Median annual Stevensville, Virginia tax bill: $985, lower than the national median property tax bill of $2,400.
How are property taxes in King and Queen calculated?
Property taxes in Stevensville, 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 Stevensville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stevensville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Stevensville Property Tax Calculator Work?
Use this Stevensville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Stevensville's median effective tax rate of 0.50% — based on actual property records in King and Queen 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 Stevensville'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 Stevensville: rates range from 0.50% in 23161 to 0.50% in 23161, 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 Stevensville.
About Stevensville Property Taxes
About Property Taxes in Stevensville, King and Queen, Virginia
Stevensville’s median effective property tax rate of 0.50% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the King and Queen 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 Stevensville. Homeowners in the 23161 ZIP code carry a median effective rate of 0.50%, while those in the same ZIP code also pay 0.50%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across King and Queen County. Understanding which part of Stevensville you live in can make a meaningful difference to your annual tax bill.
Stevensville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 2, 2025 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 Stevensville, King And Queen 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 Stevensville's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Property Tax Rates Across Stevensville, King And Queen County, Virginia
Source: Ownwell
0.50%
0.50%
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 Stevensville 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
1.27%
Property Tax Rates Across Stevensville, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23161 | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Stevensville, King And Queen County, Virginia
When examining property taxes in Stevensville, 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 King and Queen County 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 King and Queen County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 context, the median home price in Stevensville is $197,000, and the median tax bill is $985, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Stevensville, King And Queen County, Virginia
Source: Ownwell
$180,100
$207,625
$235,150
Median Stevensville Market Value
$197,000
Median King And Queen County Market Value
$194,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Stevensville, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23161 | $86,760 | $135,700 | $197,000 | $328,650 | $578,740 |
Source: Ownwell
Property Tax Bills Across Stevensville, King And Queen County, Virginia
Property tax bills in Stevensville are based on the assessed value of a home and the local tax rate set for King and Queen County. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. For homeowners in Stevensville, that means the amount owed each year depends on both the value of the home and the rate applied to that value.
With a median home price of $197,000, property taxes can vary widely from one household to another. The 25th percentile tax bill is $678, while the 75th percentile is $1,643 and the 90th percentile reaches $2,894. The median tax bill in the area is $985, which is below the national median property tax bill of $2,400 and reflects a lighter tax burden than many parts of the country. These taxes help fund local services, but they also affect monthly housing costs and long-term affordability for homeowners.
Property Tax Bills Across Stevensville, King And Queen County, Virginia
Source: Ownwell
$900
$1,038
$1,176
Median Stevensville Tax Bill
$985
Median King And Queen County Tax Bill
$970
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Stevensville, King And Queen County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23161 | $434 | $678 | $985 | $1,643 | $2,894 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 2 |
Links | |
|---|---|
| King and Queen Tax Assessor | |
| Website | eservices.kingandqueenco.net |