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2023 Fairfax County Property Tax - LOWER Rate, But HIGHER Tax Bill

Updated: May 19, 2023

On May 9th, the Fairfax County Board of Supervisors approved the FY 2024 budget (starting July 1st), which lowered the 2023 property tax rate to $1.095 per $100 of assessed value (vs. the $1.11 rate for 2022). The County Executive proposed a $1.11 rate in February 2023, which was the same as the 2022 rate.

Although the rate decreased, the average property owner's tax bill will increase by $412 due to higher assessed property value. The average 2023 property tax bill is 6.97% higher than 2022.

In the Mason District, which includes the Alexandria portion of the County, the average increase in the 2023 assessed value for residential property is 6.34% versus 6.97% County-wide.

County-wide the assessment increases by property type are as follows:

  • Single family: +7.8%

  • Townhouse: +6.31%

  • Condo: +3.98%

The first half 2023 property tax bill is due on July 5th. The second half 2023 property tax bill is due on December 5th.



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