Effective July 1, 2016
The residential real estate tax rates have been published for the majority of Northern Virginia. Below we have provided a list of the new rates by jurisdiction:
|City of Alexandria||$1.073|
|Arlington County||$0.996 + $0.125 for commerical properties|
|City of Fairfax||$1.062 + $0.095 for commerical properties|
|Fairfax County||$1.13 + 0.125 for commerical properties|
|City of Falls Church||$1.315|
|Town of Herndon||$0.265 + Fairfax County tax|
|Prince William County||$1.122|
|Town of Vienna||$0.225 + Fairfax County tax|
Rates are for FY 2016-2017. All rates are per $100 of assessed value. Your mortgage payment may, or may not, be adjusted to reflect these changes. Please consult with your lender.
*Information provided by NVAR.