Have you ever been curious about what counties or areas within the District, Maryland and Virginia (DMV) have the highest or lowest real estate property taxes? Use our interactive map below to check it out!
Example: Fairfax County, Virginia's base real estate tax rate is 1.125%. If you take the home's assessed value and multiple it by the base rate you will get what the rough real estate property taxes are for a given value.
Fairfax County, Virginia:
Home's Value = $650,000
Assessed Value = $500,000
Base Tax Rate = 1.125%
Assessed Value ($500,000) x
Base Tax Rate (1.125%) =
$5,625 annual real estate taxes
District of Columbia:
Home's Value = $650,000
Assessed Value = $500,000
Base Tax Rate = 0.850%
Assessed Value ($500,000) x
Base Tax Rate (0.085%) =
$4,250 annual real estate taxes