Fairfax County and the Commonwealth of Virginia tax its citizens and businesses to offset the costs of transportation, schools and other public services. The real property tax rate in Fairfax County has declined from $1.74 per $100 of assessed value in 1976 to the present rate of $0.89. The Commonwealth of Virginia has not raised its corporate income tax rate since 1972.
| Corporate Income |
6 percent |
| Personal Property |
$4.57 per $100 of assessed value |
| Real Property |
$0.89 per $100 of assessed value |
| Sales and Use |
5 percent (4 percent state + 1 percent local) |
| Sales and Use (food) |
2.5 percent (1.5 percent state + 1 percent local) |
| Personal Income |
5.75 percent (top rate) |
| Hotel/motel |
4 percent
(6 percent – Town of Herndon)
(4 percent – Town of Vienna) |