The Plains, Fauquier County, Virginia Property Taxes
Median THE PLAINS, VA effective property tax rate: 0.90%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median THE PLAINS, VA home value: $523,150
Median annual THE PLAINS, VA tax bill: $4,593, $2,193 higher than the national median property tax bill of $2,400.
How are property taxes in Fauquier calculated?
Property taxes in THE PLAINS, 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 THE PLAINS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in THE PLAINS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
The Plains, Fauquier County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$4,708
$4,369
Ownwell’s THE PLAINS Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in THE PLAINS with just two data points.
By entering your property's estimated assessed value, our calculator applies THE PLAINS’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 Fauquier County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across The Plains, Fauquier County, Virginia
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their 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 THE PLAINS in Fauquier County, VA, the effective property tax rate is a reflection of this process. Comparing THE PLAINS to other cities in Virginia and to national figures can provide valuable insights. Virginia's median property tax rate is below the national median of 1.02%, which means residents in THE PLAINS may find some financial relief compared to other parts of the country. However, it's essential to consider how these rates impact local services and community resources. Understanding the balance between tax rates and community benefits can help residents make informed decisions about property ownership and investments in the area.
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 The Plains Tax Rate
0.90%
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 The Plains, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20198 | 0.54% | 0.90% | 0.90% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across The Plains, Fauquier County, Virginia
When examining property taxes in The Plains, 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 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 The Plains. For example, the median home price in The Plains is $523,150, with tax bills ranging significantly across the county. Zip code 20198 has the highest median home price at $523,150.
Property Tax Assessment Values Across The Plains, Fauquier County, Virginia
Source: Ownwell
$252,800
$458,400
$664,000
Median The Plains Market Value
$523,150
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 The Plains, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20198 | $39,980 | $324,300 | $523,150 | $936,875 | $1,895,910 |
Source: Ownwell
Property Tax Bills Across The Plains, Fauquier County, Virginia
In The Plains, located in Fauquier County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in this area is $523,150. Homeowners in The Plains can expect a property tax bill that varies significantly, with the 25th percentile at $2,630 and the 75th percentile reaching $7,624. At the 90th percentile, tax bills can soar to $14,364, reflecting the impact of higher property values. The national median property tax rate is 1.02%, and the median tax bill is $2,400, which highlights the relatively higher tax burden in this region.
Homeowners often find this financial obligation challenging, but Ownwell can assist by offering property tax appeal services. By analyzing local market conditions and comparable property values, Ownwell identifies opportunities for tax reductions, potentially saving homeowners significant amounts on their annual tax bills. This service ensures that property owners in The Plains pay only their fair share, aligning their tax obligations more closely with their property's true market value.
Median The Plains Tax Bill
$4,593
Median Fauquier County Tax Bill
$3,881
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across The Plains, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 20198 | $75 | $2,630 | $4,593 | $7,624 | $14,364 |
Source: Ownwell