Warrenton, Prince William County, Virginia Property Taxes

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

Median Warrenton, VA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Warrenton, VA home value: $864,300
Median annual Warrenton, VA tax bill: $8,993, $6,593 higher than the national median property tax bill of $2,400.

How are property taxes in Prince William calculated?

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

Last Updated March 1, 2025

Warrenton, Prince William County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$8,989

$8,341

Ownwell’s Warrenton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Warrenton with just two data points. By entering your property's estimated assessed value, our calculator applies Warrenton’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 Warrenton, Prince William County, Virginia

Local government entities are responsible for setting tax rates, which can significantly differ across a state. This is because each county annually estimates the budget necessary to provide essential services and divides it by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. While votes and legislation play a role in determining tax rates and budgets, this is essentially the yearly process.

In Warrenton, located in Fauquier County, Virginia, the effective property tax rate is 0.74%, which is lower than both the state median of 0.80% and the national median of 1.02%. This means homeowners in Warrenton generally pay less in property taxes compared to many other areas. The median property tax bill in Warrenton is $2,800, which is higher than the national median of $2,400. This indicates that while the tax rate is lower, the assessed property values might be higher, leading to a higher overall tax bill. Comparing these figures to those in Prince William County, where the median tax rate is 1.04%, provides a perspective on how property taxes can vary even within Virginia.

Property Tax Rates Across Warrenton, Prince William County, Virginia

Source: Ownwell

0.97%

1.00%

1.04%

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 Warrenton Tax Rate

1.04%

Median Effective Prince William County Tax Rate

1.04%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Warrenton, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20187	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Warrenton, Prince William County, Virginia

When examining property taxes in Warrenton, 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 Prince William 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 Prince William 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 Warrenton. For example, the median home price in Warrenton is $864,300, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Warrenton, Prince William County, Virginia

Source: Ownwell

$231,600

$495,950

$760,300

Median Warrenton Market Value

$864,300

Median Prince William County Market Value

$464,800

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Warrenton, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20187	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Warrenton, Prince William County, Virginia

In Warrenton, Virginia, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. The assessed value is a percentage of the market value, and the tax rate set by Prince William County is applied to this assessed value to determine the annual tax bill. With a median home price of $864,300, property owners in Warrenton can expect tax bills around $8,993, which is significantly higher than the national median property tax bill of $2,400. This disparity highlights the financial burden on homeowners in this area. Factors such as property improvements, neighborhood changes, and market trends can influence assessed values, potentially increasing tax bills. Ownwell offers services to help homeowners reduce their property tax bills by appealing inaccurate assessments and identifying available exemptions. By leveraging expert knowledge and experience, Ownwell can assist homeowners in Warrenton in navigating the complexities of property taxes, potentially leading to significant savings and reduced financial strain.

Property Tax Bills Across Warrenton, Prince William County, Virginia

Source: Ownwell

$2,233

$4,891

$7,548

Median Warrenton Tax Bill

$8,993

Median Prince William County Tax Bill

$4,796

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Warrenton, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20187	N/A	N/A	N/A	N/A	N/A

Source: Ownwell