Purcellville, Loudoun County, Virginia Property Taxes
Median Purcellville, VA effective property tax rate: 0.90%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Purcellville, VA home value: $692,565
Median annual Purcellville, VA tax bill: $6,207, $3,807 higher than the national median property tax bill of $2,400.
How are property taxes in Loudoun calculated?
Property taxes in Purcellville, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Purcellville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Purcellville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Purcellville, Loudoun County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$6,233
$5,784
Ownwell’s Purcellville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Purcellville with just two data points.
By entering your property's estimated assessed value, our calculator applies Purcellville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Loudoun County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Loudoun County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Purcellville, Loudoun County, Virginia
Local government entities in Virginia set tax rates, which can vary widely within the state. This variability arises because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Purcellville, located in Loudoun County, the effective property tax rate aligns with the median rate for Virginia. This is noteworthy given that Virginia’s median property tax rate is slightly below the national median of 1.02%. This positioning offers a comparative advantage for homeowners in Virginia, where property tax bills can be more manageable than in other states. Understanding these dynamics can empower property owners in Purcellville to make informed decisions about their investments and appeal opportunities. By staying informed about local tax rates and how they compare to state and national averages, property owners can better navigate the complexities of property taxation.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Purcellville Tax Rate
0.90%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Loudoun County Tax Rate
0.88%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Purcellville, Loudoun County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20132 | 0.87% | 0.88% | 0.90% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Purcellville, Loudoun County, Virginia
When examining property taxes in Purcellville, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Loudoun County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Loudoun County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Purcellville.
For example, the median home price in Purcellville is $692,565, with tax bills ranging significantly across the county. The zip code 20132 has the highest median home price at $692,565.
Property Tax Assessment Values Across Purcellville, Loudoun County, Virginia
Source: Ownwell
$490,010
$1,049,260
$1,608,510
Median Purcellville Market Value
$692,565
Median Loudoun County Market Value
$662,650
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Purcellville, Loudoun County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20132 | $474,230 | $577,930 | $692,565 | $912,628 | $1,171,692 |
Source: Ownwell
Property Tax Bills Across Purcellville, Loudoun County, Virginia
Median Purcellville Tax Bill
$6,207
Median Loudoun County Tax Bill
$5,811
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Purcellville, Loudoun County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20132 | $4,235 | $5,181 | $6,207 | $7,812 | $9,980 |
Source: Ownwell