22740 Property Tax Rate

Property owners in ZIP code 22740 (Sperryville, Virginia) pay a median of $2,382/year in property taxes on homes valued at $398,800. This translates to an effective tax rate of 0.60%, which is 11% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22740 is approximately $199, which factors into escrow payments on mortgages. This ZIP code is located within Rappahannock County.

Compared to similar ZIP codes in Virginia, 22740 has lower property taxes. ZIP codes with similar effective rates include 23841 (0.60%) and 24471 (0.60%).

In Sperryville, property taxes represent approximately 2.5% of the median household income of $96,220, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax cap; Rappahannock County sets its own rate and reassesses all properties annually, so expect your tax bill to reflect the full market value of your purchase immediately. Rappahannock County offers a Circuit Breaker program for elderly and disabled homeowners meeting income limits and a Land Use Assessment option for agricultural land — contact the Rappahannock County Commissioner of the Revenue to determine eligibility. File any property assessment appeals with the Rappahannock County Commissioner of the Revenue by March 1 of the year following your purchase.