If you think Fairfax taxes are too high move to DC and enjoy some of the lowest taxes in the nation.
Posted by:
Bill Payer 16
()
Date: March 09, 2018 08:24PM
District homeowners pay the lowest property tax rates across Greater Washington — actually, some of the lowest in the country — while Fairfax County residents are saddled with a much higher burden, according to a study by ATTOM data Solutions.
D.C. residents paid a 0.56 percent effective tax on their single-family homes, while Fairfax residents paid 1.33 percent, according to 2016 county-level data on single-family homes collected from tax assessor offices and ATTOM's automated models.
The effective rate takes into account not just the official tax rates, but the taxes actually paid by homeowners once accounting for various programs, benefits and other credits as a percentage of the total value of their home. For example, the District has a robust homestead tax program that limits tax increases for residents whose primary address is the District.