Arlington, Virginia Property Taxes
The median property tax rate in Arlington, VA is 1.03%, considerably higher than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Arlington at $727,000, the typical annual property tax bill reaches $7,460, far exceeding the national median of $2,690. Property taxes in Arlington are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Arlington's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Arlington or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arlington, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$7,488
Ownwell’s Arlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arlington to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Arlington, Virginia
Property taxes in Arlington, Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arlington is 1.03%, higher than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within Arlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arlington estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Arlington's effective property tax rate to other counties in Virginia and the national median. For comparison, the 22207 zip code has the highest median property tax rate of 1.03%, while the 22209 zip code has the lowest median tax rate of 1.03%. Understanding how these cities compare with Arlington provides valuable insights into the varying tax landscape across Arlington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlington Tax Rate
1.03%
Average Arlington County Tax Rate
1.03%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arlington, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22201 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22202 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22203 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22204 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22205 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22206 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22207 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 22209 | 1.03% | 1.03% | 1.03% | 1.03% | 1.11% |
| 22213 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Arlington, Virginia
In Arlington, Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Arlington County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Arlington, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Arlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 22207 at $11,369, while the lowest is 22209 at $3,791.
Property Tax Assessment Values Across Arlington, Virginia
Source: Ownwell
$369,850
$1,961,825
$3,553,800
Average Arlington Assessed Value
$727,000
Average Arlington County Assessed Value
$727,300
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arlington, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22201 | $283,600 | $399,500 | $651,750 | $1,059,925 | $1,434,670 |
| 22202 | $276,100 | $434,800 | $724,300 | $1,015,300 | $1,199,500 |
| 22203 | $77,800 | $326,850 | $588,200 | $878,300 | $1,034,590 |
| 22204 | $198,000 | $326,300 | $573,500 | $771,750 | $914,700 |
| 22205 | $815,150 | $884,300 | $986,500 | $1,136,600 | $1,409,300 |
| 22206 | $322,700 | $423,400 | $516,900 | $569,300 | $691,280 |
| 22207 | $616,000 | $928,050 | $1,104,200 | $1,385,350 | $1,827,680 |
| 22209 | $121,800 | $135,200 | $369,850 | $837,075 | $1,289,250 |
| 22213 | $432,100 | $585,200 | $923,000 | $1,087,700 | $1,756,300 |
Source: Ownwell
Property Tax Bills Across Arlington, Virginia
In Arlington, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to arrive at the annual tax bill. Arlington's median home price stands at $727,000, with tax bills ranging significantly across different percentiles. For instance, the 25th percentile tax bill is $4,314, while the 75th percentile reaches $10,563, and the 90th percentile peaks at $13,788. The locality with the highest median tax bill in Arlington is zip code 22207, where homeowners can expect a median bill of $11,369. Conversely, zip code 22209 has the lowest median tax bill at $3,791. Homeowners in Arlington are affected by these variations, which can influence their financial planning and housing affordability. Compared to the national median property tax rate of 0.99%, Arlington's tax bills reflect the region's higher property values and tax rates, impacting overall living costs.
Average Arlington Tax Bill
$7,460
Average Arlington County Tax Bill
$7,464
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Arlington, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22201 | $2,922 | $4,115 | $6,707 | $10,920 | $14,763 |
| 22202 | $2,834 | $4,465 | $7,452 | $10,418 | $12,274 |
| 22203 | $804 | $3,354 | $6,037 | $9,040 | $10,646 |
| 22204 | $2,030 | $3,361 | $5,874 | $7,932 | $9,412 |
| 22205 | $8,404 | $9,115 | $10,171 | $11,694 | $14,511 |
| 22206 | $3,324 | $4,361 | $5,324 | $5,864 | $7,119 |
| 22207 | $6,305 | $9,561 | $11,369 | $14,281 | $18,850 |
| 22209 | $1,255 | $1,390 | $3,791 | $8,749 | $13,484 |
| 22213 | $4,449 | $6,012 | $9,503 | $11,190 | $18,002 |
Source: Ownwell