Williamsburg city, Virginia property tax
The median homeowner in Williamsburg city, Virginia pays $2,265 a year in property tax on a home worth $393,200, an effective rate of 0.58%. The national effective rate is 0.98%.
What the rate means here
At 0.58%, Williamsburg city taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $2,265 a year, which is what matters, and the low percentage is a function of what housing is worth rather than of restraint by the county.
It ranks #86 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #2,166 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.
The median home costs 5.6 times the median household income of $70,206, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 23.26% of median income in gross rent. This is a small rural county of 15,564 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Williamsburg city | Virginia | United States | |
|---|---|---|---|
| Effective property tax | 0.58% | 0.74% | 0.98% |
| Median tax bill | $2,265 | $2,686 | $2,969 |
| Median home value | $393,200 | $360,700 | $303,400 |
| Median gross rent | $1,361 | $1,514 | $1,348 |
| Median household income | $70,206 | $90,974 | $78,538 |
| Home price to income | 5.6× | 3.96× | 3.86× |
| Rent as share of income | 23.26% | 19.97% | 20.6% |
| Owner-occupied | 52.58% | 67.18% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 15,564.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Floyd County | 0.52% | $1,122 | $215,500 |
| Nottoway County | 0.42% | $756 | $179,800 |
| Grayson County | 0.62% | $820 | $132,300 |
| Brunswick County | 0.54% | $718 | $132,700 |
| Clarke County | 0.51% | $2,757 | $538,900 |
Williamsburg city property tax: common questions
What is the property tax rate in Williamsburg city, Virginia?
The effective rate is 0.58% of home value, from a median tax bill of $2,265 against a median home value of $393,200. That is 0.4 points below the national 0.98%.
How much is property tax on a $400,000 home in Williamsburg city?
Roughly $2,320 a year at the county effective rate of 0.58%.
Is Williamsburg city expensive compared with the rest of Virginia?
It ranks #86 of 129 Virginia counties by effective property tax rate, and #2166 of 2,826 nationally. That is 0.16 points below the Virginia average of 0.74%.
What does housing cost in Williamsburg city?
The median home is worth $393,200 and median gross rent is $1,361 a month. Median household income is $70,206, which puts the home at 5.6 times annual income and rent at 23.26% of it.