Mclean, Fairfax County, Virginia Property Taxes

Name: Property Tax Bills Across Mclean, Fairfax County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median McLean, VA effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median McLean, VA home value: $804,580
Median annual McLean, VA tax bill: $9,385, $6,985 higher than the national median property tax bill of $2,400.

How are property taxes in Fairfax calculated?

Property taxes in McLean, 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 McLean’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in McLean, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mclean, Fairfax County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$10,432

$9,681

Ownwell’s McLean Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McLean with just two data points. By entering your property's estimated assessed value, our calculator applies McLean’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fairfax County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mclean, Fairfax County, Virginia

Local government entities determine tax rates, which can vary significantly within Virginia. This variation occurs because each year, counties estimate the budget needed for essential services and divide it by the total value of taxable properties within their jurisdiction, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially the annual procedure.

In McLean, situated in Fairfax County, the effective property tax rate is part of this broader calculation. Fairfax County's median tax rate stands at 1.19%, which is higher than the national median property tax rate of 1.02%. Despite the higher rate, McLean residents benefit from a well-funded local government that can provide comprehensive services, contributing to the area's appeal.

Comparing McLean's tax rate to other cities in Virginia and the national median offers insight into the local tax landscape's nuances. Understanding these differences can be crucial for property owners when considering the financial implications of property taxes.

Property Tax Rates Across Mclean, Fairfax County, Virginia

Source: Ownwell

0.30%

0.86%

1.42%

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 Mclean Tax Rate

1.21%

Median Effective Fairfax County Tax Rate

1.16%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mclean, Fairfax County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
22101	1.05%	1.10%	1.18%	1.18%	1.18%
22066	N/A	N/A	N/A	N/A	N/A
22102	N/A	N/A	N/A	N/A	N/A
22182	N/A	N/A	N/A	N/A	N/A
92592	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mclean, Fairfax County, Virginia

When examining property taxes in McLean, 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 McLean.

For example, the median home price in McLean is $804,580, with tax bills ranging significantly across the county. The 25th percentile tax bill is $2,955, while the 75th percentile reaches $12,769.

Property Tax Assessment Values Across Mclean, Fairfax County, Virginia

Source: Ownwell

$210,000

$779,880

$1,349,760

Median Mclean Market Value

$862,150

Median Fairfax County Market Value

$672,555

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mclean, Fairfax County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
22101	$434,030	$594,575	$862,150	$1,157,575	$1,334,830
22066	N/A	N/A	N/A	N/A	N/A
22102	N/A	N/A	N/A	N/A	N/A
22182	N/A	N/A	N/A	N/A	N/A
92592	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mclean, Fairfax County, Virginia

In McLean, located in Fairfax County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $804,580, homeowners in McLean can expect their property tax bills to vary significantly. While the 25th percentile tax bill is approximately $2,955, those in the 75th percentile face bills around $12,769, and the 90th percentile can see bills as high as $69,815. These figures highlight the potential financial impact on homeowners, especially when compared to the national median property tax bill of $2,400. This is where Ownwell comes in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax burden. Whether it's through identifying discrepancies in the assessed value or securing applicable exemptions, Ownwell's expertise can lead to significant savings, ensuring homeowners only pay their fair share.

Property Tax Bills Across Mclean, Fairfax County, Virginia

Source: Ownwell

$2,340

$9,225

$16,109

Median Mclean Tax Bill

$10,186

Median Fairfax County Tax Bill

$7,877

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Mclean, Fairfax County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
22101	$4,688	$6,750	$10,186	$13,677	$15,771
22066	N/A	N/A	N/A	N/A	N/A
22102	N/A	N/A	N/A	N/A	N/A
22182	N/A	N/A	N/A	N/A	N/A
92592	N/A	N/A	N/A	N/A	N/A

Source: Ownwell