Free property tax calculator tailored for Virginia (VA). Calculate instantly with state-specific rates and rules.
Virginia has an effective property tax rate of 0.82%, producing an average annual bill of $2,972. The US national average is 1.07% — Virginia's rate is below the national average, placing it at rank #19 out of 50 states (rank 1 = lowest).
Virginia assesses real property at 100% of fair market value, with reassessments every 2-4 years depending on the locality. Virginia is unique in that cities are independent of counties, each with separate taxing authority and rates. Arlington and Alexandria carry some of the highest rates; rural counties carry lower rates but lower values too.
Virginia provides partial property tax exemptions for qualifying elderly (age 65+) or disabled homeowners with income below $90,000 and net worth below $400,000 (the "Circuit Breaker" program). Local governments administer these with some variation.
No statewide cap on assessment increases. Northern Virginia's dramatic appreciation has pushed tax bills sharply higher in Fairfax, Arlington, Loudoun, and Prince William counties since 2020.
Northern Virginia's housing market is among the nation's most expensive and most stable, underpinned by federal government employment and defense contracting. Amazon's HQ2 in Arlington has accelerated appreciation in the immediate vicinity.
The median home value in Virginia is $365,000. Northern Virginia (Fairfax, Loudoun, Arlington, Alexandria) carries among the highest median prices on the East Coast. Richmond and Hampton Roads are significantly more affordable. Rural Southwestern Virginia is very low cost. At the 0.82% effective rate, a homeowner at the median value pays roughly $2,972/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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