Property tax in Virginia: 0.73%
The median Virginia homeowner pays $2,790 a year on a home worth $383,700, an effective rate of 0.73%. That ranks 31st of 51, between Indiana (0.74%) and Montana (0.72%). At the median state's 0.8% the same $383,700 home would owe $269 more a year.
In dollars, Virginia has the 17th-highest median home value and the 25th-largest median bill of the 51. By home value it sits between Arizona ($394,500, taxed at 0.48%) and Montana ($375,800, 0.72%).
| Rank | State | Effective rate | Median bill | Median home value |
|---|---|---|---|---|
| 29 | Kentucky | 0.75% | $1,544 | $205,600 |
| 30 | Indiana | 0.74% | $1,614 | $218,200 |
| 31 | Virginia | 0.73% | $2,790 | $383,700 |
| 32 | Montana | 0.72% | $2,693 | $375,800 |
| 33 | Mississippi | 0.72% | $1,215 | $169,800 |
Virginia property tax by home price
At county rates the median-value home would owe $3,760 a year in Prince William County and $3,875 in Fairfax County, against $2,790 at the statewide figure.
| Home value | Per year | Per month | vs. median state (0.8%) |
|---|---|---|---|
| $190,000 (half the median) | $1,387 | $116 | −$133 |
| $383,700 (median) | $2,801 | $233 | −$269 |
| $575,000 (1.5× the median) | $4,198 | $350 | −$403 |
| $765,000 (twice the median) | $5,585 | $465 | −$536 |
Property tax by county in Virginia
Across the 2 largest Virginia counties, measured effective rates run from 0.98% in Prince William County to 1.01% in Fairfax County; all of them sit above the statewide 0.73%.
| County | Main cities | Population | Effective rate | Median home value | Median tax |
|---|---|---|---|---|---|
| Fairfax County | Reston, McLean | 1,144,474 | 1.01% | $699,700 | $7,072 |
| Prince William County | Woodbridge, Dale City | 484,625 | 0.98% | $500,600 | $4,910 |