Hamilton, Loudoun County, Virginia Property Taxes

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

Median Hamilton, VA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but slightly lower than the Virginia state median of 0.89%.
Median Hamilton, VA home value: $752,540
Median annual Hamilton, VA tax bill: $6,449, $4,049 higher than the national median property tax bill of $2,400.

How are property taxes in Loudoun calculated?

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

Last Updated March 1, 2025

Hamilton, Loudoun County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$6,875

$6,380

Ownwell’s Hamilton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hamilton with just two data points. By entering your property's estimated assessed value, our calculator applies Hamilton’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 Loudoun. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hamilton, Loudoun County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 Hamilton’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

Hamilton, located in Loudoun County, has a property tax rate of 0.88%, which aligns with the highest and lowest rates within the same zip code, 20158. This rate is below the national median property tax rate of 1.02%. When comparing Virginia's median property tax rate to the national average, it's evident that Virginia offers competitive property tax rates. Understanding these rates can help property owners make informed decisions and potentially save money. By evaluating your property's assessed value and comparing it to local tax rates, you can ensure you're not overpaying on your property taxes.

Property Tax Rates Across Hamilton, Loudoun County, Virginia

Source: Ownwell

0.64%

0.77%

0.89%

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 Hamilton Tax Rate

0.87%

Median Effective Loudoun County Tax Rate

0.87%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hamilton, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20158	0.86%	0.86%	0.86%	0.87%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Hamilton, Loudoun County, Virginia

When examining property taxes in Hamilton, 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 Loudoun 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 Loudoun 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 Hamilton.

For example, the median home price in Hamilton is $752,540, with tax bills ranging significantly across the county. Zip code 20158 has the highest median home price at $752,540.

Property Tax Assessment Values Across Hamilton, Loudoun County, Virginia

Source: Ownwell

$525,210

$1,156,865

$1,788,520

Median Hamilton Market Value

$790,230

Median Loudoun County Market Value

$695,595

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hamilton, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20158	$486,706	$563,645	$790,230	$1,050,865	$1,250,346

Source: Ownwell

Property Tax Bills Across Hamilton, Loudoun County, Virginia

In Hamilton, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the Loudoun County tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Hamilton, the median home price is $752,540, leading to a tax bill that can vary significantly. For instance, the 25th percentile tax bill is around $4,698, while the 75th percentile reaches $9,175, and the 90th percentile can be as high as $10,679. These figures are considerably above the national median property tax bill of $2,400. Homeowners in Hamilton can face substantial tax burdens due to these high property values and tax rates. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing assessments and identifying discrepancies, Ownwell assists in filing appeals, aiming to lower the assessed value and, consequently, the tax bill, offering significant savings for homeowners.

Property Tax Bills Across Hamilton, Loudoun County, Virginia

Source: Ownwell

$4,542

$8,027

$11,512

Median Hamilton Tax Bill

$6,656

Median Loudoun County Tax Bill

$6,021

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Hamilton, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20158	$4,210	$4,853	$6,656	$8,984	$10,501

Source: Ownwell