--- title: "Virginia Property Tax Calculator (0.71% Effective Rate) | TaxWren" description: "Virginia homeowners pay a median $2,872 a year in property tax on a median home value of $403,500, an effective rate of 0.71%: the 21st lowest of the 50 states and DC and 20% below the US rate of 0.89%. Estimate the property tax on any Virginia home." url: https://taxwren.com/property-tax-calculator/virginia --- 2026 tax year ยท updated Oct 15, 2026 # Virginia property tax calculator Virginia homeowners pay a median $2,872 a year in property tax on a median home value of $403,500, an effective rate of 0.71%: the 21st lowest of the 50 states and DC and 20% below the US rate of 0.89%. ## Estimated property tax per year $2,872 $239 a month at 0.7118% - Median tax paid in Virginia: $2,872 - Median home value there: $403,500 - Same home at the US rate (0.8905%): $3,593 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## Virginia property tax by home value At the statewide effective rate of 0.71%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $1,424 | $119 | $1,781 | | $300,000 | $2,135 | $178 | $2,672 | | $400,000 | $2,847 | $237 | $3,562 | | $500,000 | $3,559 | $297 | $4,453 | | $750,000 | $5,339 | $445 | $6,679 | | $1,000,000 | $7,118 | $593 | $8,905 | ## Virginia vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | [Maryland](/property-tax-calculator/maryland) | 0.95% | $4,144 | $436,300 | | [Kentucky](/property-tax-calculator/kentucky) | 0.71% | $1,611 | $226,000 | | Virginia | 0.71% | $2,872 | $403,500 | | [District of Columbia](/property-tax-calculator/district-of-columbia) | 0.63% | $4,594 | $733,400 | | [North Carolina](/property-tax-calculator/north-carolina) | 0.61% | $2,044 | $333,000 | | [West Virginia](/property-tax-calculator/west-virginia) | 0.52% | $881 | $170,800 | | [Tennessee](/property-tax-calculator/tennessee) | 0.45% | $1,488 | $332,600 | ## What Virginia homeowners pay - Median yearly property tax: $2,872 (28th highest of 51); $3,100 for homes with a mortgage and $2,458 for homes without one. - Median value of an owner-occupied home: $403,500, so a typical home pays about $239 a month. - 2,315,258 owner-occupied homes in the survey estimate. - Other taxes: see the [Virginia income tax calculator](/income-tax-calculator/virginia); sales tax averages 5.77% with local taxes ([Virginia sales tax calculator](/sales-tax-calculator/virginia)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [Virginia revenue department](https://www.tax.virginia.gov) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## Virginia property tax FAQ ### What is the property tax rate in Virginia? The effective rate is 0.71% of home value: the median tax paid ($2,872) divided by the median home value ($403,500), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in Virginia? About $2,135 a year ($178 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does Virginia have high property taxes? Virginia has the 21st lowest effective property tax rate of the 50 states and DC (rank 31 of 51, 1 = highest) and the 28th highest median bill. ### Can I deduct Virginia property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for Virginia - [Virginia paycheck calculator](/take-home-pay-calculator/virginia) - [Virginia income tax calculator](/income-tax-calculator/virginia) - [Virginia sales tax calculator](/sales-tax-calculator/virginia) - [Property tax in every state](/property-tax-calculator)