Herndon, Fairfax County, Virginia Property Taxes

Local government entities determine tax rates, which can differ significantly within a state. The reason for this variation is that each county annually estimates its budget needs to provide essential services and divides this by the total value of all taxable properties in its jurisdiction. This calculation results in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is essentially the annual process.

In Herndon, located in Fairfax County, Virginia, the effective property tax rate offers an interesting comparison. The town's rate is 1.14%, which aligns with the lowest in the county. This is comparable to Virginia's median property tax rate and slightly above the national median of 1.02%. Herndon's rate provides a balanced perspective against the highest rate in the area, which is 1.41% in the 20170 zip code. By understanding these rates, property owners in Herndon can better appreciate how their taxes are determined and how they compare to others in the region and across the country.

In Herndon, Fairfax County, VA, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $597,500, the property tax bills range significantly. For instance, the 25th percentile tax bill is $5,696, while the 75th percentile reaches $8,806, and the 90th percentile peaks at $10,565. Notably, the highest median tax bill in zip code 20171 is $7,671, whereas the lowest in zip code 20170 is $6,855. These figures are considerably higher than the national median property tax bill of $2,400.

High property taxes can strain homeowners, but Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing assessment data and identifying potential errors or opportunities for exemptions, Ownwell helps homeowners reduce their tax burdens. This service can lead to substantial savings, making property ownership more affordable and manageable. Homeowners in Herndon can benefit from Ownwell's expertise, ensuring they pay only their fair share of property taxes.