Hillsboro, Loudoun County, Virginia Property Taxes
Median Hillsboro, VA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Hillsboro, VA home value: $804,280
Median annual Hillsboro, VA tax bill: $6,604, $4,204 higher than the national median property tax bill of $2,400.
How are property taxes in Loudoun calculated?
Property taxes in Hillsboro, 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 Hillsboro’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hillsboro, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hillsboro, Loudoun County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$7,098
$6,587
Ownwell’s Hillsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hillsboro with just two data points.
By entering your property's estimated assessed value, our calculator applies Hillsboro’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 Loudoun County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hillsboro, Loudoun County, Virginia
Local government entities determine tax rates, and these rates can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in establishing tax rates and budgets, this is essentially the annual process.
In Hillsboro, located in Loudoun County, VA, the effective property tax rate reflects this process. The median property tax rate in Virginia is 0.88%, which is below the national median of 1.02%. This makes Virginia an attractive option for property owners looking to save on taxes compared to other states. Furthermore, Hillsboro's rate aligns with the state's median, offering a consistent tax environment within the region. This consistency provides property owners with a predictable financial outlook, which can be advantageous for long-term planning and investment. By understanding these rates, property owners in Hillsboro can better navigate their financial responsibilities and potentially identify opportunities for tax savings.
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 Hillsboro Tax Rate
0.86%
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 Loudoun County Tax Rate
0.87%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hillsboro, Loudoun County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
20132 | 0.68% | 0.83% | 0.86% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Hillsboro, Loudoun County, Virginia
When examining property taxes in Hillsboro, 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 Loudoun 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 Loudoun 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 Hillsboro. For example, the median home price in Hillsboro is $804,280, with tax bills ranging significantly across the county. Zip code 20132 has the highest median home price at $804,280.
Property Tax Assessment Values Across Hillsboro, Loudoun County, Virginia
Source: Ownwell
$525,210
$1,156,865
$1,788,520
Median Hillsboro Market Value
$825,330
Median Loudoun County Market Value
$695,595
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hillsboro, Loudoun County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
20132 | $472,804 | $637,240 | $825,330 | $1,005,520 | $1,263,254 |
Source: Ownwell
Property Tax Bills Across Hillsboro, Loudoun County, Virginia
Median Hillsboro Tax Bill
$6,691
Median Loudoun County Tax Bill
$6,021
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Hillsboro, Loudoun County, Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
20132 | $3,898 | $5,156 | $6,691 | $8,178 | $10,044 |
Source: Ownwell