Round Hill, Loudoun County, Virginia Property Taxes

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

Median Round Hill, VA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Round Hill, VA home value: $684,330
Median annual Round Hill, VA tax bill: $5,923, $3,523 higher than the national median property tax bill of $2,400.

How are property taxes in Loudoun calculated?

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

Last Updated March 1, 2025

Round Hill, Loudoun County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$6,022

$5,588

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

Property Tax Rates Across Round Hill, Loudoun County, Virginia

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Round Hill, located in Loudoun County, the effective property tax rate stands at 0.88%, which is below the national median of 1.02%. This rate is consistent across the county, making it both the highest and lowest in the area. Comparing this to the median property tax rates in Virginia and the U.S., Round Hill offers a relatively favorable tax environment. This can be advantageous for property owners looking to minimize their tax burden while enjoying the services and amenities provided by the local government. Understanding these rates can be crucial for homeowners and potential buyers looking to make informed decisions about their property investments.

Property Tax Rates Across Round Hill, Loudoun County, Virginia

Source: Ownwell

0.66%

0.78%

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 Round Hill Tax Rate

0.88%

Median Effective Loudoun County Tax Rate

0.88%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Round Hill, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20141	0.87%	0.87%	0.88%	0.88%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Round Hill, Loudoun County, Virginia

When examining property taxes in Round Hill, 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. Assessment notices are sent in Loudoun County 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 Round Hill. For example, the median home price in Round Hill is $684,330, with tax bills ranging significantly across the county. Zip code 20141 has the highest median home price at $684,330.

Property Tax Assessment Values Across Round Hill, Loudoun County, Virginia

Source: Ownwell

$490,010

$1,049,260

$1,608,510

Median Round Hill Market Value

$684,330

Median Loudoun County Market Value

$662,650

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Round Hill, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20141	$486,940	$588,900	$684,330	$931,620	$1,130,110

Source: Ownwell

Property Tax Bills Across Round Hill, Loudoun County, Virginia

In Round Hill, located in Loudoun County, VA, property tax bills are calculated based on the assessed value of a home combined with the local tax rate. The median home price in Round Hill is $684,330, and this value plays a crucial role in determining the tax bill. Property taxes in this area are notably higher than the national median, with the 25th percentile tax bill at $5,133 and the 75th percentile reaching $8,078. The highest median tax bill in the region is $5,923, which is significantly above the national median property tax bill of $2,400. These figures highlight the financial impact on homeowners in Round Hill. However, homeowners can find potential relief through Ownwell's property tax appeal services. By leveraging expert knowledge and local data, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This service can lead to substantial savings, providing peace of mind and financial relief to those burdened by high property tax bills.

Property Tax Bills Across Round Hill, Loudoun County, Virginia

Source: Ownwell

$4,287

$7,704

$11,120

Median Round Hill Tax Bill

$5,923

Median Loudoun County Tax Bill

$5,811

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Round Hill, Loudoun County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20141	$4,235	$5,133	$5,923	$8,078	$9,606

Source: Ownwell