Loudoun County Property Taxes
The median property tax rate in Loudoun County is 0.88%, which is slightly lower than the Virginia state median of 0.89% but still below the national median of 0.99%. With a median home value of $662,650, the typical annual property tax bill in Loudoun County reaches $5,811, far exceeding the national median of $2,690. Property taxes in Loudoun County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Loudoun County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Leesburg or another part of Loudoun County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Loudoun County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$5,831
Ownwell’s Loudoun Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Loudoun with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Loudoun to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Loudoun County, Virginia
Property taxes in Loudoun play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Loudoun is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Loudoun set these rates annually, and they can vary significantly between different areas within the county. Each year, Loudoun estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Purcellville has one of the higher property tax rates in the region at 0.90%, while the city of Upperville boasts one of the lowest at 0.66%. Analyzing how Loudoun's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Loudoun County Tax Rate
0.88%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Loudoun County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldie | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Ashburn | 0.87% | 0.88% | 0.88% | 0.88% | 0.88% |
| Bluemont | 0.67% | 0.78% | 0.88% | 0.88% | 0.88% |
| Brambleton | 0.87% | 0.88% | 0.88% | 0.88% | 0.88% |
| Broadlands | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Centreville | 0.83% | 0.87% | 0.88% | 0.88% | 0.88% |
| Chantilly | 0.87% | 0.88% | 0.88% | 0.88% | 0.88% |
| Great Falls | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Hamilton | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Herndon | 0.88% | 0.88% | 0.88% | 0.88% | 0.98% |
| Hillsboro | 0.69% | 0.84% | 0.88% | 0.88% | 0.88% |
| Leesburg | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Lincoln | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
| Lovettsville | 0.74% | 0.87% | 0.88% | 0.88% | 0.88% |
| Middleburg | 0.65% | 0.81% | 0.88% | 0.88% | 0.88% |
| Paeonian Springs | 0.76% | 0.83% | 0.88% | 0.88% | 0.88% |
| Paris | 0.51% | 0.63% | 0.87% | 0.88% | 0.88% |
| Purcellville | 0.87% | 0.88% | 0.90% | 0.91% | 0.91% |
| Round Hill | 0.87% | 0.87% | 0.88% | 0.88% | 0.88% |
| Sterling | 0.87% | 0.88% | 0.88% | 0.88% | 0.88% |
| The Plains | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
| Upperville | 0.28% | 0.47% | 0.66% | 0.88% | 0.88% |
| Waterford | 0.77% | 0.87% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Loudoun County, Virginia
In Loudoun County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Loudoun County Appraisal District. The assessed value, however, 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. Assessment notices in Loudoun County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Loudoun County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Centreville has the highest median tax bill at $11,120, while Lincoln has the lowest at $3,889.
Property Tax Assessment Values Across Loudoun County, Virginia
Source: Ownwell
$444,410
$1,026,460
$1,608,510
Average Loudoun County Assessed Value
$662,650
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Loudoun County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldie | $415,480 | $581,050 | $881,250 | $1,112,648 | $1,317,629 |
| Ashburn | $427,390 | $518,605 | $689,360 | $856,680 | $1,069,900 |
| Bluemont | $398,437 | $546,762 | $756,840 | $1,007,572 | $1,419,293 |
| Brambleton | $396,000 | $593,565 | $732,360 | $933,892 | $1,032,527 |
| Broadlands | $482,840 | $591,010 | $819,820 | $924,805 | $1,078,420 |
| Centreville | $1,116,992 | $1,223,475 | $1,302,050 | $1,392,620 | $1,470,684 |
| Chantilly | $444,800 | $539,532 | $730,325 | $917,988 | $1,106,708 |
| Great Falls | $589,298 | $639,990 | $663,190 | $695,460 | $732,934 |
| Hamilton | $463,442 | $537,822 | $752,540 | $1,059,095 | $1,258,766 |
| Herndon | $517,690 | $544,155 | $562,915 | $577,062 | $589,480 |
| Hillsboro | $459,456 | $610,840 | $804,280 | $978,495 | $1,228,630 |
| Leesburg | $341,140 | $489,545 | $697,535 | $890,748 | $1,146,065 |
| Lincoln | $444,410 | $444,410 | $444,410 | $444,410 | $444,410 |
| Lovettsville | $402,040 | $525,230 | $631,060 | $785,920 | $959,170 |
| Middleburg | $433,074 | $568,840 | $886,860 | $1,343,060 | $2,239,670 |
| Paeonian Springs | $406,970 | $517,668 | $973,335 | $1,393,448 | $1,718,685 |
| Paris | $423,957 | $594,065 | $928,385 | $1,090,662 | $1,477,347 |
| Purcellville | $474,230 | $577,930 | $692,565 | $912,628 | $1,171,692 |
| Round Hill | $486,940 | $588,900 | $684,330 | $931,620 | $1,130,110 |
| Sterling | $343,820 | $443,740 | $530,540 | $646,050 | $786,308 |
| The Plains | $535,416 | $563,205 | $609,520 | $685,140 | $730,512 |
| Upperville | $406,226 | $808,255 | $1,608,510 | $2,860,220 | $4,910,602 |
| Waterford | $681,367 | $842,672 | $1,052,525 | $1,221,652 | $1,421,423 |
Source: Ownwell
Property Tax Bills Across Loudoun County, Virginia
In Loudoun County, VA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessor and reflects the market value of the property. Homeowners in Loudoun County can expect to pay a median property tax bill that varies significantly depending on the value of their property. For instance, the 25th percentile tax bill is around $4,434, while the 75th percentile tax bill can reach up to $7,689. At the higher end, the 90th percentile tax bill climbs to $9,659. These tax bills are influenced by factors such as property location, size, and market conditions. For example, Centreville has one of the highest median tax bills in the county at $11,120, whereas Lincoln has one of the lowest at $3,889. This variation impacts homeowners by affecting their annual financial obligations and can influence decisions on property investments and homeownership within the county.
Average Loudoun County Tax Bill
$5,811
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Loudoun County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldie | $3,649 | $5,100 | $7,696 | $9,686 | $11,434 |
| Ashburn | $3,759 | $4,611 | $6,201 | $7,647 | $9,444 |
| Bluemont | $3,220 | $4,608 | $6,252 | $8,467 | $10,998 |
| Brambleton | $3,478 | $5,236 | $6,453 | $8,164 | $9,047 |
| Broadlands | $4,243 | $5,182 | $7,173 | $8,079 | $9,441 |
| Centreville | $5,417 | $10,526 | $11,120 | $12,092 | $12,698 |
| Chantilly | $3,892 | $4,720 | $6,388 | $8,030 | $9,676 |
| Great Falls | $5,156 | $5,600 | $5,803 | $6,085 | $6,413 |
| Hamilton | $4,042 | $4,698 | $6,449 | $9,175 | $10,679 |
| Herndon | $4,788 | $4,883 | $5,037 | $5,206 | $5,283 |
| Hillsboro | $3,785 | $4,983 | $6,604 | $8,137 | $9,751 |
| Leesburg | $2,986 | $4,273 | $6,082 | $7,753 | $9,932 |
| Lincoln | $3,889 | $3,889 | $3,889 | $3,889 | $3,889 |
| Lovettsville | $3,464 | $4,426 | $5,345 | $6,498 | $7,918 |
| Middleburg | $3,751 | $4,884 | $7,434 | $10,714 | $15,970 |
| Paeonian Springs | $3,561 | $4,452 | $8,183 | $11,463 | $14,204 |
| Paris | $3,162 | $4,644 | $5,799 | $8,287 | $10,419 |
| Purcellville | $4,235 | $5,181 | $6,207 | $7,812 | $9,980 |
| Round Hill | $4,235 | $5,133 | $5,923 | $8,078 | $9,606 |
| Sterling | $3,009 | $3,885 | $4,643 | $5,653 | $6,873 |
| The Plains | $4,685 | $4,928 | $5,333 | $5,995 | $6,392 |
| Upperville | $2,876 | $5,007 | $9,286 | $15,137 | $20,895 |
| Waterford | $5,623 | $7,046 | $9,033 | $10,427 | $11,746 |
Source: Ownwell