Calculate Your Tax Bill

Thursday, March 8, 2007

Calculate Your Tax Bill

Here's how to estimate a Fairfax County property tax bill using the county's proposed tax rate of 89 cents per $100 of assessed value and $635,369, the average assessed value of a single-family detached house in the county:

Step 1

Divide 635,566, the assessed value, by 100 = $6,355.66.

Step 2

Multiply that result, 6,355.66, by 0.89, the proposed tax rate = $5,656.54.

To calculate your tax bill, use the assessed value of your home instead of the countywide average.

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