Brambleton, Virginia Property Taxes
The median property tax rate in Brambleton, VA is 0.88%, slightly below the state median of 0.89% but still lower than the national median of 0.99%. With the median home value in Brambleton at $732,360, the typical annual property tax bill reaches $6,453, significantly higher than the national median of $2,690. Property taxes in Brambleton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Brambleton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Brambleton or another part of Loudoun County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brambleton, Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,780
Ownwell’s Brambleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brambleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brambleton 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 Brambleton, Virginia
Property taxes in Brambleton, Virginia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Brambleton is 0.88%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Brambleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brambleton 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 Brambleton's effective property tax rate to other areas in Virginia and the national median. For comparison, the 20148 zip code has the highest median property tax rate of 0.88%, while the lowest median tax rate is also 0.88%. Understanding how these areas compare with Brambleton provides valuable insights into the varying tax landscape across Loudoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brambleton Tax Rate
0.88%
Average Loudoun County Tax Rate
0.88%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brambleton, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20148 | 0.87% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Brambleton, Virginia
In Brambleton, 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 Loudoun 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 Brambleton, 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. For example, the 25th percentile tax bill is $5,236, while the 75th percentile tax bill is $8,164. The highest and lowest median tax bills are both $6,453, found in the 20148 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Property Tax Assessment Values Across Brambleton, Virginia
Source: Ownwell
$444,410
$1,026,460
$1,608,510
Average Brambleton Assessed Value
$732,360
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 Brambleton, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20148 | $396,000 | $593,565 | $732,360 | $933,892 | $1,032,527 |
Source: Ownwell
Property Tax Bills Across Brambleton, Virginia
In Brambleton, VA, property tax bills are calculated based on the assessed value of your home and the local tax rate set by Loudoun County. The assessed value is determined by the county assessor, who evaluates your property's market value. This assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For instance, with a median home price of $732,360, property taxes in Brambleton can range significantly. Homeowners in the 25th percentile typically see tax bills around $5,236, while those in the 75th percentile might pay approximately $8,164. At the 90th percentile, tax bills can reach up to $9,047. These taxes fund essential community services like schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Brambleton's rates reflect the area's higher property values and robust community services. For homeowners, understanding these factors is crucial for financial planning and long-term investment in their properties.
Average Brambleton Tax Bill
$6,453
Average Loudoun County Tax Bill
$5,811
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Brambleton, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20148 | $3,478 | $5,236 | $6,453 | $8,164 | $9,047 |
Source: Ownwell