Vienna, Virginia Property Taxes
The median property tax rate in Vienna, VA is 1.14%, considerably higher than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Vienna at $855,860, the typical annual property tax bill reaches $9,872, far exceeding the national median of $2,690. Property taxes in Vienna 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 Vienna'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 Vienna 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
Vienna, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$9,757
Ownwell’s Vienna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vienna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vienna 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 Vienna, Virginia
Property taxes in Vienna, Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vienna is 1.14%, higher than both the Virginia state median and the U.S. national median of 0.99%. Local government entities within Vienna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vienna 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 Vienna's effective property tax rate to other counties in Virginia and the national median. For comparison, the 22182 zip code has the highest median property tax rate of 1.14%, while the 22180 zip code has the lowest median tax rate of 1.14%. Understanding how these areas compare with Vienna provides valuable insights into the varying tax landscape across Fairfax County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Vienna Tax Rate
1.14%
Average Fairfax County Tax Rate
1.14%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vienna, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22180 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
22181 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
22182 | 1.14% | 1.14% | 1.14% | 1.14% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Vienna, Virginia
In Vienna, 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 Fairfax 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 Vienna, 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 Vienna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Vienna, the highest median tax bill is $10,584 in the 22182 zip code, while the lowest median tax bill is $8,842 in the 22180 zip code.
Average Vienna Assessed Value
$855,860
Average Fairfax County Assessed Value
$616,950
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Vienna, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22180 | $495,190 | $680,890 | $769,600 | $992,580 | $1,434,490 |
22181 | $366,280 | $631,240 | $865,610 | $1,010,185 | $1,241,360 |
22182 | $717,210 | $806,360 | $922,250 | $1,110,842 | $1,375,368 |
Source: Ownwell
Property Tax Bills Across Vienna, Virginia
In Vienna, located in Fairfax County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to arrive at the annual tax bill. Factors such as the size, location, and condition of the property, as well as recent sales of comparable properties, play a crucial role in determining the assessed value. Homeowners in Vienna face varying tax bills depending on their property's value. For instance, the median home price in Vienna is $855,860. Tax bills in the 25th percentile are around $8,197, while those in the 75th percentile reach approximately $12,078. At the 90th percentile, tax bills can soar to $15,671. The highest median tax bill in the area is $10,584 in the 22182 zip code, whereas the lowest median tax bill is $8,842 in the 22180 zip code. These property taxes significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Vienna Tax Bill
$9,872
Average Fairfax County Tax Bill
$7,154
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Vienna, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22180 | $5,607 | $7,784 | $8,842 | $11,422 | $16,385 |
22181 | $4,170 | $7,177 | $9,981 | $11,572 | $14,217 |
22182 | $8,238 | $9,257 | $10,584 | $12,718 | $15,722 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | October 1 |
Due Date #1 | June 6 |
Due Date #2 | December 5 |
Links | |
---|---|
Fairfax Tax Assessor | |
realestateoffice@fairfaxva.gov. |