Summary answer: Alexandria's official 2026 real estate tax rate is $1.135 per $100 of assessed value. On a $700,000 home, that works out to roughly $7,945 per year, or about $662 per month — one of the higher rates in Northern Virginia, and a real number to build into your monthly budget beyond principal and interest.
I'm Johnny with JQ Real Estate. Here's exactly how this breaks down and how it compares regionally.
How Alexandria's rate compares
| Locality | 2026 Rate per $100 Assessed Value |
|---|---|
| Alexandria City | $1.135 |
| Fairfax County | ~$1.125 |
| Arlington County | ~$1.033–$1.053 |
| Loudoun County | ~$1.125 |
| Prince William County | ~$1.055 |
Alexandria currently runs slightly above most of its neighbors, and combined with the city's higher price point in neighborhoods like Old Town, your actual dollar bill can run meaningfully higher than a comparable home in a lower-rate jurisdiction.
How your bill is actually calculated
Alexandria assesses property at 100% of fair market value, and taxes are billed in two installments (first half due mid-June). Your bill is simply your home's assessed value multiplied by the current rate. The city reassesses annually, so expect your bill to shift year to year as your assessed value changes, even if the rate itself stays flat.
Why this matters for your monthly budget, not just annually
- Your lender includes this in your monthly payment — rolled into escrow along with principal, interest, and insurance, directly affecting your qualifying DTI
- It's a bigger line item than buyers expect — on a $700K home, over $660/month in taxes alone is meaningful
- Condo buyers pay this on top of HOA fees — both count against your DTI separately
How this varies by ZIP code within Alexandria
Actual bills can vary noticeably by ZIP code within the city due to differences in assessed values and, in some cases, special district levies — so a bill estimate based on the city-wide rate alone is a starting point, not a precise figure for your specific address.
Can you appeal your assessment?
Yes — Alexandria allows homeowners to formally appeal if they believe their assessed value exceeds fair market value, with an annual deadline (typically around June 1). Worth knowing as a future homeowner if your assessment jumps significantly in a later year.
Factor this into your real budget
Property taxes are one of the most commonly underestimated home costs. I build this into every affordability conversation for Alexandria buyers. Reach out and let's run your real numbers, taxes included.