Cost + Taxes

Real Estate Costs

The Fredericksburg Region is ideally situated equidistant between Richmond and Washington D.C., and offers a variety of real estate options for businesses of all industries. The FredRegion is the northernmost location in the commonwealth with greenfield sites over 1,000 acres on Interstate 95. There are great redevelopment opportunities in historic downtown Fredericksburg and available warehouse and manufacturing buildings situated throughout the region that can meet the needs of any business. 


State Taxes

Corporate Tax Rate – 6% (Since 1972)

Sales Tax – 5.3%


Local Real Estate Taxes

Caroline – 0.83 Rate Per $100 of Assessed Valuation

City of Fredericksburg – 0.80 Rate Per $100 of Assessed Valuation

King George – 0.70 Rate Per $100 of Assessed Valuation

Spotsylvania – 0.85 Rate Per $100 of Assessed Valuation

Stafford – 0.99 Rate Per $100 of Assessed Valuation


Regional Tax Comparison

Fredericksburg Region has some of the lowest taxes per capita in the Commonwealth. When factoring in our highly skilled workforce, business infrastructure, and strategic location the Fredericksburg Region is one of the best regions to do business in the Commonwealth of Virginia.


Source: Fiscal Analytics LLC