Rate Breakdown

Property taxes in King And Queen County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in King And Queen County

In King And Queen County, Virginia, property taxes are calculated based on the assessed value of your property and the current tax rate (millage rate). The county conducts periodic assessments to determine the fair market value of real estate, which serves as the basis for taxation. Here’s how it works:

• Assessment Process: Properties are assessed by the county assessor, typically every 4-6 years, though market fluctuations may trigger interim adjustments.
• Millage Rate: The county applies a tax rate per $100 of assessed value. For example, if the rate is $0.75 per $100 and your home is valued at $200,000, your annual tax would be $1,500.
• Billing: Taxes are billed annually, with payments due in two installments (June 5 and December 5).

Available Exemptions

Virginia offers several property tax exemptions that may reduce your liability in King And Queen County. Eligibility varies, so verify requirements with the Commissioner of the Revenue:

• Homestead Exemption: While Virginia doesn’t offer a blanket homestead exemption, some localities provide relief for primary residences.
• Senior Citizen/Disabled Exemption: Residents aged 65+ or permanently disabled may qualify for tax relief based on income and asset limits.
• Veteran Exemptions: Disabled veterans or surviving spouses may receive partial or full exemptions depending on disability rating.

Payment Schedule & Deadlines

King And Queen County property taxes are due in two installments:

• First Half: Due by June 5.
• Second Half: Due by December 5.

Late payments incur penalties:

• 10% penalty applied after the due date.
• Additional interest accrues at 10% annually for unpaid balances.

Payment methods include online, mail, or in-person at the Treasurer’s Office. Installment plans may be available for qualifying taxpayers.

Appealing Your Assessment

If you believe your property is overassessed, you can appeal the valuation in King And Queen County:

• Step 1: File an appeal with the Commissioner of the Revenue within 30 days of receiving your assessment notice.
• Step 2: Provide evidence (e.g., recent comparable sales, appraisal reports, or photos of property defects) to support your claim.
• Step 3: Attend a hearing before the Board of Equalization, which reviews appeals and adjusts assessments if justified.

Note: Deadlines and documentation requirements are strict, so act promptly. Consult the county’s assessment office for detailed guidance.