Beaverdam, Spotsylvania County, Virginia Property Taxes
Median Beaverdam, VA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Beaverdam, VA home value: $166,300
Median annual Beaverdam, VA tax bill: $1,259, $1,141 lower than the national median property tax bill of $2,400.
How are property taxes in Spotsylvania calculated?
Property taxes in Beaverdam, 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 Beaverdam’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beaverdam, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beaverdam, Spotsylvania County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,520
$1,410
Ownwell’s Beaverdam Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beaverdam with just two data points.
By entering your property's estimated assessed value, our calculator applies Beaverdam’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Spotsylvania.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Beaverdam, Spotsylvania County, Virginia
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget for services and divide this by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Beaverdam in Spotsylvania County, Virginia, offers a glimpse into how local tax rates compare to state and national figures. Beaverdam's effective property tax rate aligns with the median tax rate in Virginia, which is notably lower than the national median of 1.02%. This positions Beaverdam favorably against many other regions across the United States in terms of property tax affordability.
Understanding these nuances is crucial for property owners looking to manage their tax liabilities effectively. By comparing Beaverdam’s property tax rate with other areas, residents can better appreciate the value they receive relative to the taxes they pay. This knowledge empowers property owners to make informed decisions and potentially seek property tax appeals or exemptions where applicable.
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 Beaverdam Tax Rate
0.73%
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 Spotsylvania County Tax Rate
0.73%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beaverdam, Spotsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23015 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Beaverdam, Spotsylvania County, Virginia
When examining property taxes in Beaverdam, 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 Spotsylvania 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 Spotsylvania 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 Beaverdam. For example, the median home price in Beaverdam is $166,300, with tax bills ranging significantly across the county. Zip code 23015 has the highest median home price at $166,300.
Property Tax Assessment Values Across Beaverdam, Spotsylvania County, Virginia
Source: Ownwell
$158,200
$529,600
$901,000
Median Beaverdam Market Value
$208,200
Median Spotsylvania County Market Value
$345,900
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Beaverdam, Spotsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23015 | $65,740 | $108,000 | $208,200 | $297,400 | $377,440 |
Source: Ownwell
Property Tax Bills Across Beaverdam, Spotsylvania County, Virginia
In Beaverdam, located in Spotsylvania County, VA, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as location, property size, and market conditions influence the assessed value, impacting what homeowners ultimately pay. While the national median property tax rate is 1.02%, homeowners in Beaverdam experience a median property tax bill of $1,259, which is below the national median of $2,400. Tax bills in Beaverdam can range from the 25th percentile at $604 to the 90th percentile at $2,327, reflecting the variance in property values and assessments.
Ownwell assists homeowners by identifying potential savings on property tax bills through appeals and exemptions. By analyzing property assessments and comparing them with similar properties, Ownwell ensures homeowners are not overpaying. This service can lead to significant reductions in annual tax obligations, providing financial relief and peace of mind.
Median Beaverdam Tax Bill
$1,509
Median Spotsylvania County Tax Bill
$2,533
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaverdam, Spotsylvania County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23015 | $460 | $748 | $1,509 | $2,181 | $2,783 |
Source: Ownwell