Midland, Fauquier County, Virginia Property Taxes
Median Midland, VA effective property tax rate: 0.91%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Midland, VA home value: $399,800
Median annual Midland, VA tax bill: $3,401, $1,001 higher than the national median property tax bill of $2,400.
How are property taxes in Fauquier calculated?
Property taxes in Midland, 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 Midland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Midland, Fauquier County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$4,322
$4,010
Property Tax Rates Across Midland, Fauquier County, Virginia
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually estimates the budget needed to provide essential services and divides this by the total value of all taxable property in its area. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the process followed each year.
In Midland, located in Fauquier County, Virginia, the effective property tax rate is 0.91%, which is below the national median of 1.02%. This means residents in Midland benefit from a comparatively lower tax rate than many other parts of the country. When compared to other cities in Virginia, Midland's rate is consistent with the state's overall median, offering a balanced approach to property taxation. Understanding these rates can help property owners make informed decisions about their investments and potential savings through property tax appeals or exemptions. By staying informed about local tax trends, residents can better navigate the complexities of property taxation and potentially reduce their financial burden.
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 Midland Tax Rate
0.95%
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 Fauquier County Tax Rate
0.95%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Midland, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22728 | 0.64% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Midland, Fauquier County, Virginia
When examining property taxes in Midland, 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 Fauquier 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 Fauquier 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 Midland.
For example, the median home price in Midland is $399,800, with tax bills ranging significantly across the county. Zip code 22728 has the highest median home price at $399,800.
Property Tax Assessment Values Across Midland, Fauquier County, Virginia
Source: Ownwell
$321,100
$560,700
$800,300
Median Midland Market Value
$454,900
Median Fauquier County Market Value
$476,600
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Midland, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22728 | $261,910 | $349,175 | $454,900 | $581,400 | $763,440 |
Source: Ownwell
Property Tax Bills Across Midland, Fauquier County, Virginia
Median Midland Tax Bill
$4,101
Median Fauquier County Tax Bill
$4,438
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Midland, Fauquier County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 22728 | $2,167 | $3,156 | $4,101 | $5,158 | $6,411 |
Source: Ownwell