22401 Property Tax Rate

Property owners in ZIP code 22401 (Fredericksburg, Virginia) pay a median of $2,857/year in property taxes on homes valued at $461,600. This translates to an effective tax rate of 0.62%, which is 8% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22401 is approximately $238, which factors into escrow payments on mortgages. This ZIP code is located within Fredericksburg city. This is $614 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 22401 has higher property taxes. ZIP codes with similar effective rates include 22508 (0.62%) and 23409 (0.62%).

In Fredericksburg, property taxes represent approximately 3.3% of the median household income of $85,432, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Fredericksburg city assesses and collects local taxes only, with no reassessment penalty at sale beyond the city's standard valuation process. Fredericksburg offers a circuit breaker tax relief program for elderly and disabled homeowners — verify your income and age eligibility with the City of Fredericksburg Assessor's office. Contact the City of Fredericksburg Assessor immediately after purchase to file for any available exemptions and request a reassessment review.