StateRates

Poquoson city, Virginia property tax

The median homeowner in Poquoson city, Virginia pays $3,640 a year in property tax on a home worth $403,000, an effective rate of 0.90%. The national effective rate is 0.98%.

Effective rate 0.90% #20 of 129 in Virginia
Median tax bill $3,640 per year
Median home value $403,000 owner-occupied
Median income $120,919 household

What the rate means here

Poquoson city taxes property at 0.90%, within a rounding error of the national 0.98%. The median bill of $3,640 therefore tracks the median home value of $403,000 fairly directly, which is not true everywhere.

It ranks #20 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,246 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.33 times the median household income of $120,919, 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 12,556 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 $2,250 per year at 0.90%
$400,000 home $3,600 per year at 0.90%
$600,000 home $5,400 per year at 0.90%

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

Housing and income

Poquoson city, Virginia against Virginia and the country
Poquoson city Virginia United States
Effective property tax 0.90% 0.74% 0.98%
Median tax bill $3,640 $2,686 $2,969
Median home value $403,000 $360,700 $303,400
Median gross rent $1,634 $1,514 $1,348
Median household income $120,919 $90,974 $78,538
Home price to income 3.33× 3.96× 3.86×
Rent as share of income 16.22% 19.97% 20.6%
Owner-occupied 85.18% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 12,556.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Northampton County 0.61% $1,689 $279,100
Northumberland County 0.48% $1,602 $333,100
Lunenburg County 0.44% $635 $145,500
Amelia County 0.43% $1,034 $239,700
Martinsville city 0.81% $746 $92,500

Poquoson city property tax: common questions

What is the property tax rate in Poquoson city, Virginia?

The effective rate is 0.90% of home value, from a median tax bill of $3,640 against a median home value of $403,000. That is 0.08 points below the national 0.98%.

How much is property tax on a $400,000 home in Poquoson city?

Roughly $3,600 a year at the county effective rate of 0.90%.

Is Poquoson city expensive compared with the rest of Virginia?

It ranks #20 of 129 Virginia counties by effective property tax rate, and #1246 of 2,826 nationally. That is 0.16 points above the Virginia average of 0.74%.

What does housing cost in Poquoson city?

The median home is worth $403,000 and median gross rent is $1,634 a month. Median household income is $120,919, which puts the home at 3.33 times annual income and rent at 16.22% of it.