20158 Property Tax Rate

Property owners in ZIP code 20158 (Hamilton, Virginia) pay a median of $6,477/year in property taxes on homes valued at $771,200. This translates to an effective tax rate of 0.84%, which is 25% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 20158 is approximately $540, which factors into escrow payments on mortgages. This ZIP code is located within Loudoun County. This is $4,234 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 20158 has lower property taxes. ZIP codes with similar effective rates include 24014 (0.84%) and 24018 (0.84%).

In Hamilton, property taxes represent approximately 3.1% of the median household income of $206,375, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax cap; Loudoun County sets its own rate and reassesses all properties annually, so expect your tax bill to reflect the full market value of your purchase immediately. Loudoun County offers a Land Use Taxation program for agricultural property and income-based exemptions for seniors and disabled residents — contact the Loudoun County Commissioner of the Revenue to determine eligibility. File any property assessment appeals with the Loudoun County Commissioner of the Revenue by March 1 of the year following your purchase.