Fredericksburg, Spotsylvania County, Virginia Property Taxes

Name: Property Tax Bills Across Fredericksburg, Spotsylvania County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fredericksburg, 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 Fredericksburg, VA home value: $292,600
Median annual Fredericksburg, VA tax bill: $2,253, $147 lower than the national median property tax bill of $2,400.

How are property taxes in Spotsylvania calculated?

Property taxes in Fredericksburg, 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 Fredericksburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fredericksburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fredericksburg, Spotsylvania County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.77%

Estimate Property Tax Bill

$2,253

$2,091

Ownwell’s Fredericksburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fredericksburg with just two data points. By entering your property's estimated assessed value, our calculator applies Fredericksburg’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 Fredericksburg, Spotsylvania County, Virginia

Local government entities set tax rates, which can vary widely within Virginia. 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 Fredericksburg’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

Fredericksburg, located in Spotsylvania County, has an effective property tax rate of 0.77%. This is below the national median property tax rate of 1.02%. The median property tax bill in Fredericksburg aligns with the county's rate, reflecting a competitive tax environment compared to the national median bill of $2400. For homeowners in Fredericksburg, this translates to a relatively lower tax burden, making it an attractive location for property investment. The consistency in tax rates across the county ensures predictability for residents, offering a stable financial landscape.

Property Tax Rates Across Fredericksburg, Spotsylvania County, Virginia

Source: Ownwell

0.77%

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 Fredericksburg Tax Rate

0.77%

Median Effective Spotsylvania County Tax Rate

0.77%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fredericksburg, Spotsylvania County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
22407	0.77%	0.77%	0.77%	0.77%	0.77%
22408	0.77%	0.77%	0.77%	0.77%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Fredericksburg, Spotsylvania County, Virginia

When examining property taxes in Fredericksburg, 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 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 March. 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 Fredericksburg. For example, the median home price in Fredericksburg is $292,600, with tax bills ranging significantly across the county. Zip code 22408 has the highest median home price at $293,800.

Property Tax Assessment Values Across Fredericksburg, Spotsylvania County, Virginia

Source: Ownwell

$139,700

$340,700

$541,700

Median Fredericksburg Market Value

$292,600

Median Spotsylvania County Market Value

$279,200

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fredericksburg, Spotsylvania County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
22407	$192,600	$239,800	$292,100	$382,200	$475,310
22408	$167,030	$222,475	$293,800	$364,700	$430,840

Source: Ownwell

Property Tax Bills Across Fredericksburg, Spotsylvania County, Virginia

In Fredericksburg, VA, property tax bills are determined by assessing the market value of a property and applying the local tax rate. With a median home price of $292,600, the property tax bill can vary significantly. For instance, in the 25th percentile, homeowners might see a tax bill around $1,803, while those in the 75th percentile could face $2,891. The 90th percentile sees bills reaching up to $3,532. Comparatively, the national median property tax rate is 1.02%, with a median bill of $2,400, indicating Fredericksburg's tax bills are relatively competitive. Factors influencing these bills include property location, market trends, and any applicable exemptions. For homeowners, these taxes can represent a significant annual expense. However, Ownwell offers a solution by helping homeowners navigate the appeal process and identify potential exemptions, potentially reducing their tax burden. By leveraging expertise in local tax codes and valuation methods, Ownwell can assist in securing a fair assessment, ensuring homeowners don't overpay on their property taxes.

Property Tax Bills Across Fredericksburg, Spotsylvania County, Virginia

Source: Ownwell

$1,078

$2,629

$4,180

Median Fredericksburg Tax Bill

$2,253

Median Spotsylvania County Tax Bill

$2,149

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Fredericksburg, Spotsylvania County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
22407	$1,434	$1,837	$2,247	$2,946	$3,660
22408	$1,241	$1,695	$2,265	$2,814	$3,326

Source: Ownwell