23188 Property Tax Rate

Property owners in ZIP code 23188 (Williamsburg, Virginia) pay a median of $2,768/year in property taxes on homes valued at $409,100. This translates to an effective tax rate of 0.68%, which is near the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23188 is approximately $231, which factors into escrow payments on mortgages. This ZIP code is located within James City County. This is $525 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23188 has lower property taxes. ZIP codes with similar effective rates include 23169 (0.68%) and 23803 (0.68%).

In Williamsburg, property taxes represent approximately 2.7% of the median household income of $101,088, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — James City County assessments are locally determined and do not reset upon sale of your home. James City County provides a Circuit Breaker tax relief program for elderly (65+) and disabled homeowners with qualifying income — apply through the James City County Assessor's office for potential substantial tax reduction. Review your assessment notice carefully and contact the James City County Assessor within 30 days to appeal if the value appears overstated.