Centreville, Fairfax County, Virginia Property Taxes
Median Centreville, VA effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Centreville, VA home value: $480,770
Median annual Centreville, VA tax bill: $5,493, $3,093 higher than the national median property tax bill of $2,400.
How are property taxes in Fairfax calculated?
Property taxes in Centreville, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Centreville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Centreville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Centreville, Fairfax County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$5,481
$5,086
Property Tax Rates Across Centreville, Fairfax County, Virginia
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Centreville’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
In Centreville, located in Fairfax County, the median property tax rate is 1.14%, which is above the national median of 1.02%. This rate reflects the county's budgetary needs and the total assessed property value. Despite the higher rate, Centreville remains competitive compared to other regions in Virginia. The property tax bill for homeowners here can be expected to exceed the national median of $2400, aligning with the county's fiscal requirements and property values. Understanding these rates can help property owners anticipate their tax obligations and explore opportunities for appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Centreville Tax Rate
1.14%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Fairfax County Tax Rate
1.14%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Centreville, Fairfax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20120 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| 20121 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| 23242 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Centreville, Fairfax County, Virginia
When examining property taxes in Centreville, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fairfax County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Fairfax County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Centreville. For example, the median home price in Centreville is $480,770, with tax bills ranging significantly across the county. Zip code 20120 has the highest median home price at $533,990.
Property Tax Assessment Values Across Centreville, Fairfax County, Virginia
Source: Ownwell
$362,520
$775,333
$1,188,145
Median Centreville Market Value
$480,770
Median Fairfax County Market Value
$616,950
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Centreville, Fairfax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20120 | $348,040 | $416,010 | $533,990 | $694,480 | $829,241 |
| 20121 | $252,790 | $383,730 | $437,420 | $500,905 | $692,210 |
| 23242 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Centreville, Fairfax County, Virginia
In Centreville, Fairfax County, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is calculated by the county, reflecting the property's market value. With a median home price of $480,770, Centreville homeowners face a median property tax bill significantly higher than the national median of $2,400. In fact, the median tax bill in Centreville's highest median zip code, 20120, is $6,105. This substantial tax burden can impact homeowners' finances considerably.
Factors influencing the tax bill include property size, location, and market trends. Fortunately, Ownwell offers property tax appeal services to help homeowners potentially reduce their tax bills. By conducting a thorough analysis of property assessments and identifying discrepancies, Ownwell can assist in appealing for a fairer assessed value. This service ensures that homeowners are not overpaying on their property taxes, providing peace of mind and potential savings.
Median Centreville Tax Bill
$5,493
Median Fairfax County Tax Bill
$7,154
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Centreville, Fairfax County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20120 | $3,969 | $4,744 | $6,105 | $7,942 | $9,475 |
| 20121 | $2,891 | $4,389 | $5,002 | $5,725 | $7,916 |
| 23242 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | June 6 |
| Due Date #2 | December 5 |
Links | |
|---|---|
| Fairfax Tax Assessor | |
| realestateoffice@fairfaxva.gov. | |