New Property Tax Rates - Northern Virginia
Effective July 1, 2020
The residential real estate tax rates have been published for the majority of Northern Virginia with no change this year. Below we have provided a list of the new rates by jurisdiction:
|City of Alexandria||$1.13|
|Arlington County||$1.026 + $0.125 for commercial properties|
|City of Fairfax|| $1.075 + $0.115 for commercial properties
(Old Town Serv. Dist. +$0.06 per $100)
|Fairfax County||$1.15 + $0.125 for commercial properties|
|City of Falls Church||$1.355|
|Town of Herndon||$0.265 + Fairfax County tax|
|Prince William County||$1.125|
|Town of Vienna||$0.225 + Fairfax County tax|
Rates are for FY 2020-2021. 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.