Property Tax Rates in the DC Metro Area
Filed Under (Uncategorized) by Rick on 07-30-2008
On July 1, residential real estate property taxes increased for most of Northern Virginia for the 2009 tax year. Below is a table showing the new tax rates and current tax rates for DC and parts of Maryland. The rates are per $100 of assessed value. To calculate the tax owed on a property, take the assessed value divided by $100 and then multiply by the tax rate. For example, a condo in Arlington assessed at $400,000 would have a tax bill of $400,000/$100 times $0.848 = $4,716.
| Virginia | |
| Arlington County | $0.848 |
| City of Alexandria | $0.845 |
| City of Fairfax | $0.92 |
| Fairfax County | $0.92 |
| City of Falls Church | $1.03 |
| Town of Herndon | $1.16 |
| Loundon County | $1.14 |
| City of Manassas | $1.115 |
| Manassas Park | $1.27 |
| Prince William County | $0.97 |
| Town of Vienna | $1.1291 |
| Washington, DC | $0.85* |
| Maryland | |
| Anne Arundel County | $0.88 |
| Calvert County | $1.110 |
| Charles County | $1.028 |
| Howard County | $1.014 |
| Montgomery County | $0.661 |
| Prince Georges County** | $0.960 |
* In Washington, DC, the first $64,000 for owner occupied residential properties is tax exempt.
**Tax rates vary in Prince Georges County on a city or town level.
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Rick. Your math sucks. (400,000/100)*0.848 does not equal $4,716
Mr. Wizard, good catch. The number should be $3,392.
However, even that number is not correct anymore as the property tax rates in the region has increased for 2010. For Arlington County, the tax rate is now .958, so the tax bill would be $3,832 for an assessed value of $400,000.