Williamsburg County, Virginia Property Taxes

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

Median Williamsburg County effective property tax rate: 0.62%, significantly lower than the national median of 1.02%.
Median Williamsburg County home value: $374,850
Median annual Williamsburg County tax bill: $2,322, $78 lower than the national median property tax bill of $2,400.

How are property taxes in Williamsburg County calculated?

Property taxes in Williamsburg County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Williamsburg or another part of Williamsburg County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Williamsburg County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$2,324

$2,157

Ownwell’s Williamsburg County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Williamsburg County with just two data points. By entering your property's estimated assessed value, our calculator applies Williamsburg County’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 more 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 Williamsburg County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Williamsburg County, Virginia

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates the budget required to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Williamsburg County, the effective property tax rate stands at 0.62%, which is notably lower than the national median property tax rate of 1.02%. This means property owners in Williamsburg benefit from a more favorable tax environment compared to many other parts of the country. The lower tax rate can be particularly appealing for homeowners looking to reduce their annual property tax expenses. By understanding how these rates are determined and how they compare to national figures, property owners can make informed decisions and potentially take advantage of appealing tax conditions in their area.

Property Tax Rates Across Williamsburg County, Virginia

Source: Ownwell

0.62%

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 Williamsburg County Tax Rate

0.62%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Williamsburg County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Williamsburg	0.62%	0.62%	0.62%	0.62%	0.62%

Source: Ownwell

Property Tax Assessment Values Across Williamsburg County, Virginia

When examining property taxes in Williamsburg County, 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 Williamsburg 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. Assessment notices: In Williamsburg 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 Williamsburg County. For example, the median tax bill in Williamsburg County is $2,322, with tax bills ranging significantly across the county. Williamsburg has the highest median home price at $374,850.

Property Tax Assessment Values Across Williamsburg County, Virginia

Source: Ownwell

$216,200

$300,650

$385,100

Median Williamsburg County Market Value

$374,850

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Williamsburg County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Williamsburg	$178,080	$255,850	$374,850	$564,675	$766,430

Source: Ownwell

Property Tax Bills Across Williamsburg County, Virginia

In Williamsburg, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the market value of the property, which is influenced by factors like location, size, and condition. The median home price in Williamsburg is $374,850, which serves as a benchmark for understanding property taxes in the area. Homeowners in Williamsburg may pay a tax bill ranging from the 25th percentile at $1,580 to the 75th percentile at $3,488, with the 90th percentile reaching $4,735. Notably, Williamsburg has the same median tax bill of $2,322 across the board, which is below the national median tax bill of $2,400. This means that while some homeowners may pay less than the national average, others could face higher bills depending on their property's assessed value. Understanding these factors can help homeowners anticipate their property tax obligations and plan their finances accordingly.

Property Tax Bills Across Williamsburg County, Virginia

Source: Ownwell

$1,340

$1,864

$2,387

Median Williamsburg County Tax Bill

$2,322

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Williamsburg County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Williamsburg	$1,104	$1,580	$2,322	$3,488	$4,735

Source: Ownwell