StateRates

New Kent County, Virginia property tax

The median homeowner in New Kent County, Virginia pays $2,523 a year in property tax on a home worth $371,500, an effective rate of 0.68%. The national effective rate is 0.98%.

Effective rate 0.68% #48 of 129 in Virginia
Median tax bill $2,523 per year
Median home value $371,500 owner-occupied
Median income $120,125 household

What the rate means here

At 0.68%, New Kent County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $371,500, and the bill lands at $2,523 anyway.

It ranks #48 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,835 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.09 times the median household income of $120,125, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. This is a small rural county of 24,139 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,700 per year at 0.68%
$400,000 home $2,720 per year at 0.68%
$600,000 home $4,080 per year at 0.68%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

New Kent County, Virginia against Virginia and the country
New Kent County Virginia United States
Effective property tax 0.68% 0.74% 0.98%
Median tax bill $2,523 $2,686 $2,969
Median home value $371,500 $360,700 $303,400
Median gross rent $1,653 $1,514 $1,348
Median household income $120,125 $90,974 $78,538
Home price to income 3.09× 3.96× 3.86×
Rent as share of income 16.51% 19.97% 20.6%
Owner-occupied 92.11% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 24,139.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Fairfax city 0.94% $6,392 $677,400
Page County 0.67% $1,489 $221,800
Hopewell city 0.97% $1,600 $165,100
Salem city 0.91% $2,232 $244,800
Goochland County 0.50% $2,418 $483,700

New Kent County property tax: common questions

What is the property tax rate in New Kent County, Virginia?

The effective rate is 0.68% of home value, from a median tax bill of $2,523 against a median home value of $371,500. That is 0.3 points below the national 0.98%.

How much is property tax on a $400,000 home in New Kent County?

Roughly $2,720 a year at the county effective rate of 0.68%.

Is New Kent County expensive compared with the rest of Virginia?

It ranks #48 of 129 Virginia counties by effective property tax rate, and #1835 of 2,826 nationally. That is 0.06 points below the Virginia average of 0.74%.

What does housing cost in New Kent County?

The median home is worth $371,500 and median gross rent is $1,653 a month. Median household income is $120,125, which puts the home at 3.09 times annual income and rent at 16.51% of it.