20198 Property Tax Rate

Property owners in ZIP code 20198 (The Plains, Virginia) pay a median of $8,692/year in property taxes on homes valued at $1,131,300. This translates to an effective tax rate of 0.77%, which is 14% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 20198 is approximately $724, which factors into escrow payments on mortgages. This ZIP code is located within Fauquier County. This is $6,449 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 20198 has higher property taxes. ZIP codes with similar effective rates include 23230 (0.77%) and 23504 (0.77%).

In The Plains, property taxes represent approximately 10.6% of the median household income of $81,950, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax cap; Fauquier 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. Fauquier County offers a Land Use Assessment program for agricultural and forest property and a Circuit Breaker program for elderly and disabled homeowners — contact the Fauquier County Commissioner of the Revenue to determine eligibility. File any property assessment appeals with the Fauquier County Commissioner of the Revenue by March 1 of the year following your purchase.