Arlington County Property Taxes
The median property tax rate in Arlington is 1.03%, which is significantly 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 $727,300, the typical annual property tax bill reaches $7,464, far exceeding the national median of $2,690. Property taxes in Arlington are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Arlington's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Arlington or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arlington County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$7,491
Ownwell’s Arlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Arlington with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Arlington 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 Arlington County, Virginia
Property taxes in Arlington play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Arlington is 1.03%, which is higher than the U.S. national median of 0.99%. Local government entities within Arlington set these rates annually, and they can vary significantly between different areas within the county. Each year, Arlington 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. The following data compares Arlington's effective property tax rate with other counties in Virginia and the national median. For comparison, the city of McLean has one of the higher property tax rates in Virginia at 1.03%, while the city of Arlington boasts one of the lowest at 1.03%. Analyzing how Arlington's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
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 County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| Falls Church | 1.02% | 1.03% | 1.03% | 1.03% | 1.03% |
| Mc Lean | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Arlington County, Virginia
In Arlington 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 Arlington 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 Arlington 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. For instance, MC Lean has the highest median tax bill at $36,501, while Falls Church has the lowest at $5,910. Being aware of these valuation processes in Arlington County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Arlington County, Virginia
Source: Ownwell
$369,850
$1,961,825
$3,553,800
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 County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | $235,100 | $421,600 | $727,000 | $1,025,900 | $1,339,010 |
| Falls Church | $9,760 | $93,775 | $573,800 | $936,700 | $1,000,210 |
| Mc Lean | $686,960 | $2,187,900 | $3,553,800 | $5,656,150 | $11,061,800 |
Source: Ownwell
Property Tax Bills Across Arlington County, Virginia
In Arlington County, VA, property tax bills are calculated based on the assessed value of a home. The county assesses properties annually to determine their market value, which is then used to calculate the tax bill. Various factors influence the assessed value, including the property's size, location, and condition, as well as market trends and recent sales of comparable properties. The median home price in Arlington County is $727,300, and property tax rates are applied to this assessed value to determine the tax bill. Homeowners in the 25th percentile can expect a tax bill of around $4,314, while those in the 75th percentile might see a tax bill of approximately $10,565. At the 90th percentile, tax bills can reach up to $13,798. These figures highlight the significant variation in tax bills depending on the property's assessed value. Additionally, Arlington County has some of the highest and lowest median tax bills in the region, with MC Lean at $36,501 and Falls Church at $5,910, respectively. This disparity underscores how location within the county can substantially affect tax obligations.
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 County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arlington | $2,411 | $4,314 | $7,460 | $10,563 | $13,788 |
| Falls Church | $101 | $966 | $5,910 | $9,648 | $10,302 |
| Mc Lean | $6,235 | $21,205 | $36,501 | $55,474 | $77,736 |
Source: Ownwell