22535 Property Tax Rate

Property owners in ZIP code 22535 (Port Royal, Virginia) pay a median of $1,715/year in property taxes on homes valued at $334,100. This translates to an effective tax rate of 0.51%, which is 24% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22535 is approximately $143, which factors into escrow payments on mortgages. This ZIP code is located within Caroline County. This is $528 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 22535 has higher property taxes. ZIP codes with similar effective rates include 22576 (0.51%) and 23306 (0.51%).

In Port Royal, property taxes represent approximately 1.4% of the median household income of $119,135, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Caroline County assesses and collects local taxes only, with no reassessment penalty at sale beyond standard county valuation. Caroline County offers a circuit breaker tax relief program for elderly and disabled homeowners and a Land Use Taxation option for qualifying farm and forestal land — apply with the Caroline County Assessor if you meet income and age thresholds. Submit exemption applications to the Caroline County Assessor within 30 days of purchase to lock in your assessment and tax classification.