King and Queen County imposes a tax on real estate and personal property at the following rates per $100 of assessed value:
| Real Estate | $0.52 |
| Personal Property | $3.94 |
| Machinery and Tools | $1.10 |
| Merchant’s Capital | $0.65 |
| Manufactured Homes | $0.52 |
| Farm, Machinery, Livestock | $1.10 |
| Public Service Corporations | $0.52 |
| Aircraft | $1.58 |