StateRates

Fairfax city, Virginia property tax

The median homeowner in Fairfax city, Virginia pays $6,392 a year in property tax on a home worth $677,400, an effective rate of 0.94%. The national effective rate is 0.98%.

Effective rate 0.94% #13 of 129 in Virginia
Median tax bill $6,392 per year
Median home value $677,400 owner-occupied
Median income $132,774 household

What the rate means here

Fairfax city taxes property at 0.94%, within a rounding error of the national 0.98%. The median bill of $6,392 therefore tracks the median home value of $677,400 fairly directly, which is not true everywhere.

It ranks #13 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,170 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 5.1 times the median household income of $132,774, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 19.18% of median income in gross rent. This is a small rural county of 24,478 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,350 per year at 0.94%
$400,000 home $3,760 per year at 0.94%
$600,000 home $5,640 per year at 0.94%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Fairfax city, Virginia against Virginia and the country
Fairfax city Virginia United States
Effective property tax 0.94% 0.74% 0.98%
Median tax bill $6,392 $2,686 $2,969
Median home value $677,400 $360,700 $303,400
Median gross rent $2,122 $1,514 $1,348
Median household income $132,774 $90,974 $78,538
Home price to income 5.1× 3.96× 3.86×
Rent as share of income 19.18% 19.97% 20.6%
Owner-occupied 69.34% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 24,478.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
New Kent County 0.68% $2,523 $371,500
Page County 0.67% $1,489 $221,800
Salem city 0.91% $2,232 $244,800
Goochland County 0.50% $2,418 $483,700
Russell County 0.54% $644 $119,600

Fairfax city property tax: common questions

What is the property tax rate in Fairfax city, Virginia?

The effective rate is 0.94% of home value, from a median tax bill of $6,392 against a median home value of $677,400. That is 0.04 points below the national 0.98%.

How much is property tax on a $400,000 home in Fairfax city?

Roughly $3,760 a year at the county effective rate of 0.94%.

Is Fairfax city expensive compared with the rest of Virginia?

It ranks #13 of 129 Virginia counties by effective property tax rate, and #1170 of 2,826 nationally. That is 0.2 points above the Virginia average of 0.74%.

What does housing cost in Fairfax city?

The median home is worth $677,400 and median gross rent is $2,122 a month. Median household income is $132,774, which puts the home at 5.1 times annual income and rent at 19.18% of it.