Mc Lean, Fairfax County, Virginia Property Taxes
Median MC LEAN, VA effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%. Median MC LEAN, VA home value: $1,031,420. Median annual MC LEAN, VA tax bill: $12,179, $9,779 higher than the national median property tax bill of $2,400.
How are property taxes in Fairfax calculated?
Property taxes in MC LEAN, 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 MC LEAN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MC LEAN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mc Lean, Fairfax County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$12,068
$11,198
Property Tax Rates Across Mc Lean, Fairfax County, Virginia
Local government entities set tax rates, which can vary widely within a state. This is largely because each county estimates its required budget annually 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.
In MC LEAN, located in Fairfax County, VA, the effective property tax rate stands at 1.17%. This rate is slightly above the national median property tax rate of 1.02% and aligns closely with the median property tax rate for Virginia. Within MC LEAN, the highest median tax rate is 1.19% in the 22102 zip code, while the lowest is 1.17% in the 22101 zip code. This demonstrates the variation that can occur even within a single city.
When comparing these rates to the national median property tax bill of $2,400, residents in MC LEAN may find their tax bills to be higher due to the above-average tax rate. Understanding these nuances can help property owners make informed decisions about their taxes.
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 Mc Lean Tax Rate
1.17%
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 Mc Lean, Fairfax County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22101 | 1.17% | 1.17% | 1.17% | 1.19% | 1.22% |
22102 | 1.17% | 1.17% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Mc Lean, Fairfax County, Virginia
When examining property taxes in MC LEAN, 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 Department of Tax Administration 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 MC LEAN.
For example, the median home price in MC LEAN is $1,031,420, with tax bills ranging significantly across the county. Zip code 22101 has the highest median home price at $1,140,560.
Property Tax Assessment Values Across Mc Lean, Fairfax County, Virginia
Source: Ownwell
$362,520
$775,333
$1,188,145
Median Mc Lean Market Value
$1,031,420
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 Mc Lean, Fairfax County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22101 | $814,710 | $910,895 | $1,140,560 | $1,539,730 | $2,130,990 |
22102 | $278,383 | $343,070 | $641,810 | $1,286,585 | $1,948,687 |
Source: Ownwell
Property Tax Bills Across Mc Lean, Fairfax County, Virginia
Median Mc Lean Tax Bill
$12,179
Median Fairfax County Tax Bill
$7,154
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Mc Lean, Fairfax County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
22101 | $9,426 | $10,759 | $13,507 | $18,070 | $24,945 |
22102 | $3,312 | $4,095 | $7,767 | $15,086 | $22,927 |
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. |