Property Taxes in New Kent, Virginia
Median New Kent, Virginia effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median New Kent, Virginia home value: $394,900
Median annual New Kent, Virginia tax bill: $2,327, $73 lower than the national median property tax bill of $2,400.
How are property taxes in New Kent calculated?
Property taxes in New Kent, 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 New Kent's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Kent, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the New Kent Property Tax Calculator Work?
Use this New Kent property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Kent's median effective tax rate of 0.59% — based on actual property records in New Kent County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies New Kent'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 New Kent: rates range from 0.59% in 23124 to 0.59% in 23124, 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 New Kent.
About New Kent Property Taxes
About Property Taxes in New Kent, Virginia
New Kent's median effective property tax rate of 0.59% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the New Kent 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 New Kent. Homeowners in the 23124 ZIP code carry a median effective rate of 0.59%, while those in the same ZIP also pay 0.59%. This spread reflects how school district boundaries and local assessment districts are drawn across New Kent County. Understanding which part of New Kent you live in can make a meaningful difference to your annual tax bill.
New Kent 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 New Kent, New Kent 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 New Kent’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 New Kent Tax Rate
0.59%
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 New Kent County Tax Rate
0.59%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across New Kent, New Kent County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23124 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across New Kent, New Kent County, Virginia
When examining property taxes in New Kent, 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 New Kent 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 New Kent 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. For example, the median home price in New Kent is $394,900, with tax bills centered at $2,327. The highest median home price is in 23124 at $394,900.
Property Tax Assessment Values Across New Kent, New Kent County, Virginia
Source: Ownwell
$289,350
$376,175
$463,000
Median New Kent Market Value
$394,900
Median New Kent County Market Value
$389,350
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across New Kent, New Kent County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23124 | $280,420 | $341,800 | $394,900 | $470,300 | $581,580 |
Source: Ownwell
Property Tax Bills Across New Kent, New Kent County, Virginia
Property tax bills in New Kent are based on the assessed value of a home, not the market value alone. Local tax rates are applied to that assessed amount to determine what homeowners owe each year. For a home with a median price of $394,900, the bill can vary depending on how the property is classified and how the assessment compares with similar homes in the area.
What homeowners pay is influenced by the assessed value, the local tax rate, and any exemptions or adjustments that may apply. In New Kent, the median property tax bill is $2,327, which is below the national median property tax bill of $2,400 and slightly above the national median property tax rate of 1.02%. Bills range from $2,017 at the 25th percentile to $2,762 at the 75th percentile, with the 90th percentile reaching $3,400.
These differences can have a real impact on homeowners, since even small changes in assessment can affect annual costs.
Median New Kent Tax Bill
$2,327
Median New Kent County Tax Bill
$2,290
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across New Kent, New Kent County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23124 | $1,654 | $2,017 | $2,327 | $2,762 | $3,400 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 20 |
Links | |
|---|---|
| New Kent Tax Assessor | |
| Website | gis.vgsi.com |