Property Tax & Income in Fairfax city, Virginia
Fairfax city has an effective property tax rate of 0.90%. On the median home value of $722,600, that's roughly $6,515 per year. Median household income is $132,348.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Fairfax city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.90% | 0.60% |
| Median home value1 | $722,600 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Fairfax city, VA
In Fairfax city, Virginia, the median home is valued at $722,600, and its owner pays about $6,515 a year in real-estate taxes. That works out to an effective rate of 0.902%, which sits well above Virginia's statewide median of 0.601% and also exceeds the national figure of 0.794%. Among the state's 133 counties, this one ranks 16th for property tax rate, placing it among the higher-taxing localities. The bill equals roughly 4.9% of the median household income of $132,348, a meaningful line item in an annual budget. Per-capita income stands at $63,647. A homeowner here should expect property taxes to claim a noticeable share of yearly earnings, more than in most Virginia counties and more than the average American community.