+27 Property Tax Fairfax County 2023

Fairfax Co. Budget Approved, Real Estate Tax Rate Stays The Same Burke, VA Patch from patch.com

Understanding Property Tax in Fairfax County: A Comprehensive Guide

What is Property Tax?

Property tax is a tax levied on real estate by the government. The amount of property tax you pay is determined by the value of your property. In Fairfax County, property taxes are used to fund essential services such as education, public safety, and infrastructure development.

How is Property Tax Calculated in Fairfax County?

In Fairfax County, property tax is calculated based on the assessed value of your property. The assessed value is determined by the county government and is based on factors such as the size, location, and condition of your property. The tax rate is then applied to the assessed value to determine the amount of tax you owe.

What is the Property Tax Rate in Fairfax County?

The property tax rate in Fairfax County varies depending on your location and the type of property you own. As of 2023, the tax rate for residential properties is $1.15 per $100 of assessed value. For commercial properties, the tax rate is $1.31 per $100 of assessed value.

Are There any Property Tax Exemptions in Fairfax County?

There are several property tax exemptions available in Fairfax County. For example, if you are a senior citizen or a person with disabilities, you may be eligible for a tax exemption. Similarly, if you own a property that is used for religious, charitable, or educational purposes, you may qualify for an exemption.

How Can You Appeal Your Property Tax Assessment?

If you believe that your property tax assessment is incorrect, you can file an appeal with the Fairfax County Board of Equalization. You must file your appeal within 60 days of receiving your assessment notice. The Board will review your appeal and make a determination based on the evidence presented.

What Happens if You Don't Pay Your Property Taxes?

If you don't pay your property taxes, the county government can put a lien on your property. This means that the government has a legal claim to your property until the taxes are paid. If you continue to neglect your taxes, the government can eventually seize your property and sell it at a tax sale.

How Can You Lower Your Property Tax Bill?

There are several ways to lower your property tax bill in Fairfax County. For example, you can claim any available exemptions or deductions. You can also challenge your property tax assessment if you believe it is too high.

Conclusion

Understanding property tax in Fairfax County is essential for all property owners. By knowing how property tax is calculated, what exemptions are available, and how to appeal your assessment, you can ensure that you are paying a fair amount of tax. If you have any questions or concerns about your property tax bill, don't hesitate to contact the Fairfax County Department of Tax Administration.

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