How Property Tax Works
New Kent County, Virginia operates on an annual property tax system that serves as a primary funding source for essential county services including public schools, emergency services, road maintenance, and general government operations. Property taxes are levied on both real estate and personal property, with real estate taxes representing the largest portion of the county's revenue base.
The county's effective tax rate varies by location within New Kent County due to special taxing districts and additional assessments. For the current tax year, property owners can expect rates that reflect both the base county levy and any applicable district-specific charges. Property assessments are conducted periodically by the county assessor's office, with tax bills calculated by applying the current tax rate to the assessed value minus any applicable tax credits for which property owners have applied.