What is the real estate tax rate for Fauquier County?
What is the real estate tax rate for Fauquier County?
$0.05 per $100
The current Real Property Tax Rate is $0.05 per $100 of assessed value. Tax on real estate is based on 100 percent of fair market value. All real estate in the Town is assessed by the Fauquier County Commissioner of the Revenue.
Does Fauquier County have personal property tax on vehicles?
Personal Property Tax applies at varying rates to the assessed value of tangible personal property, i.e., automobiles, trucks, trailers, mobile homes, aircraft, recreation vehicles, boats, business equipment, machinery and tools.
What is Fauquier County famous for?
Established May 1, 1759 The name Fauquier was chosen in honor of Francis Fauquier, the Governor of Virginia from 1758-1768. The county encompasses 666 square miles of land in the Piedmont region of Virginia. Today it is best known for its picturesque rolling hills, horse farms, wineries, and history.
How do I find out how much personal property tax I owe in Virginia?
Where do I go? You need the Virginia State’s Division of Motor Vehicles website. How can I obtain information about personal property taxes? You can call the Personal Property Tax Division at (804) 501-4263 or visit the Department of Finance website .
What happens if you don’t pay your personal property taxes in Virginia?
In Virginia, you could lose your home to a tax sale if you don’t pay your property taxes. People who own real property have to pay property taxes. The government uses the money that these taxes generate to pay for schools, public services, libraries, roads, parks, and the like.
What is personal property tax in Virginia?
The current personal property tax rate is 4.13 per $100 of assessed value….Assessments and Tax Rates.
| Classification | Tax Rate per $100 of Gross Receipts |
|---|---|
| Personal Property | $4.13 |
How do I avoid paying car tax in Virginia?
The local and state government are also able to offer exemptions to certain people and vehicles, such as:
- People that are 65-years old or older.
- Churches.
- Government vehicles.
- Active duty members of the military.
- Off-road motorcycles.
- Mopeds.
- ATVs.
Is Fauquier County rich?
Fauquier ranks as the nation’s eighth-most affluent county, according to a new U.S. Census Bureau report.
Is Fauquier County rural or urban?
rural
Access to robust local and regional economies among a beautiful and mostly rural Virginia Piedmont setting makes Fauquier County a highly attractive location to live and work. The County is home to 43 villages and three incorporated towns.
How do I become exempt from property taxes in Virginia?
You may be eligible for real property tax relief in most Virginia cities and counties if you are 65 years old or have a disability (regardless of age). You may also qualify for additional personal exemptions or deductions on your Virginia state income tax return.