Paris, Fauquier County, Virginia Property Taxes

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

Median Paris, VA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Paris, VA home value: $393,450
Median annual Paris, VA tax bill: $3,435, $1,035 higher than the national median property tax bill of $2,400.

How are property taxes in Fauquier calculated?

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

Last Updated March 1, 2025

Paris, Fauquier County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$4,205

$3,902

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

Local government entities determine tax rates, which can differ significantly within a state. Annually, each county estimates the budget needed to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is essentially the yearly process.

In Paris, located in Fauquier County, Virginia, the effective property tax rate is 0.91%, which is below the national median rate of 1.02%. This comparison highlights the relatively lower tax burden for property owners in Paris compared to the national average. Additionally, within Virginia, Paris's rate matches both the highest and lowest median tax rates in the state, indicating a uniformity in tax rates within the region.

For property owners in Paris, this can mean a more predictable and potentially lower property tax bill compared to other regions in the U.S., where rates can be significantly higher. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Paris, Fauquier County, Virginia

Source: Ownwell

0.94%

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 Paris Tax Rate

0.95%

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 Paris, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20130	0.76%	0.95%	0.95%	0.95%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Paris, Fauquier County, Virginia

When examining property taxes in Paris, Virginia, 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. Assessment notices: 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 Paris. For example, the median home price in Paris is $393,450, with tax bills ranging significantly across the county. Zip code 20130 has the highest median home price at $393,450.

Property Tax Assessment Values Across Paris, Fauquier County, Virginia

Source: Ownwell

$321,100

$560,700

$800,300

Median Paris Market Value

$442,600

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 Paris, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20130	$287,710	$351,450	$442,600	$517,850	$672,890

Source: Ownwell

Property Tax Bills Across Paris, Fauquier County, Virginia

In Paris, located in Fauquier County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This figure is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Paris, the property tax bill varies significantly, with the 25th percentile at $700 and the 90th percentile reaching $5,650. This is higher than the national median property tax bill of $2,400, reflecting the local market conditions and assessed values. Homeowners in Paris may face challenges with these varying tax bills, especially when compared to the national median property tax rate of 1.02%.

Ownwell offers assistance to homeowners by appealing incorrect assessments and ensuring eligibility for exemptions, potentially lowering tax liabilities. With expertise in navigating local tax regulations, Ownwell can help reduce the financial burden on homeowners, ensuring they pay only their fair share. By leveraging Ownwell's services, homeowners in Paris can achieve significant savings on their property tax bills, aligning them more closely with national averages.

Property Tax Bills Across Paris, Fauquier County, Virginia

Source: Ownwell

$3,079

$5,038

$6,996

Median Paris Tax Bill

$4,187

Median Fauquier County Tax Bill

$4,438

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Paris, Fauquier County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20130	$2,693	$3,328	$4,187	$4,977	$6,407

Source: Ownwell