Somerville, Fauquier County, Virginia Property Taxes
Median Somerville, VA effective property tax rate: 0.91%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Somerville, VA home value: $345,000
Median annual Somerville, VA tax bill: $3,129, $729 higher than the national median property tax bill of $2,400.
How are property taxes in Fauquier calculated?
Property taxes in Somerville, 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 Somerville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Somerville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Somerville, Fauquier County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$3,140
$2,913
Property Tax Rates Across Somerville, Fauquier County, Virginia
In Somerville, property tax rates are determined by local government entities, leading to significant variability across Virginia. Annually, each county, including Fauquier, calculates the necessary budget to maintain public services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. While the process involves votes and legislative measures, this is essentially how it works each year.
When examining Somerville's effective property tax rate, it's important to compare it to other cities in Virginia, as well as the median property tax rates in both Virginia and the United States. The median property tax rate in Virginia is slightly lower than the national median rate of 1.02%. This comparison provides valuable insight into how Somerville's rates align with broader trends, helping property owners understand their tax obligations better. By staying informed about these rates, property owners in Somerville can make more educated decisions regarding property tax appeals and 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 Somerville Tax Rate
0.91%
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 Fauquier County Tax Rate
0.91%
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Somerville, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22739 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Somerville, Fauquier County, Virginia
When examining property taxes in Somerville, 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 Fauquier 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 Fauquier County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Somerville. For example, the median home price in Somerville is $345,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Somerville, Fauquier County, Virginia
Source: Ownwell
$252,800
$458,400
$664,000
Median Somerville Market Value
$345,000
Median Fauquier County Market Value
$435,300
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Somerville, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22739 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Somerville, Fauquier County, Virginia
In Somerville, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value reflects the market value of the property, and the tax rate is applied to this value to calculate the annual tax bill. In Fauquier County, where Somerville is located, the median property tax bill is $3,129, which is higher than the national median of $2,400. This can pose a significant financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Several factors influence the assessed value, including recent sales of similar properties, improvements made to the property, and overall market conditions. Homeowners in Somerville can potentially reduce their tax burden by appealing their property’s assessed value or applying for exemptions they may qualify for. Ownwell offers expertise in these areas, assisting homeowners in navigating the property tax appeal process effectively. By leveraging Ownwell's services, homeowners can identify opportunities for tax savings and ensure they are not overpaying on their property tax bills.
Median Somerville Tax Bill
$3,129
Median Fauquier County Tax Bill
$3,881
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Somerville, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22739 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell