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New Property Tax Rates: Effective July 1, 2008

For most Nothern Virginia homeowners property taxes were increased on July 1. In addition local jurisdictions may also increase the commercial poperty tax rate by as much as  .25 cents per every $100.00. Fairfax and Arlington countoes have increased commercial property taxes .11 cents and 12.5 cents respectively in their 2009 budgets.

Residential tax rates in:

1. Arlington County is  .848 cents per $100

2. Fairfax Counbty is .92 cents per $100.

3.City of Alexandria  is .845 cents per $100.

4. Town of Herndon is a whopping $1.16 per $100.

For more information on this or other real estate questions please call or email us today!

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