![]() Having trouble viewing this email? View it as a Web page. Arlington Property Values See Overall 1.1% Increase for 2026Arlington’s overall property tax base grew modestly from 2025 following continued residential growth and new construction, even though total existing commercial values declined. The total assessed value of all property in Arlington increased 1.1% for calendar year 2026, compared to 2% growth in 2025. New construction contributed 0.2% of the 1.1% overall property assessment growth. Residential property values continued to rise modestly with 3.2% overall growth, demonstrating the attractiveness of the Arlington community. The average residential property value – including condos, townhouses, and detached homes – increased from $854,900 to $882,900. For 2026, 78% of residential property owners saw their assessed value increase while the rest remained unchanged or decreased. Real estate assessments will be available to view online after 5 p.m. on Jan. 16, 2026, through the real estate property search. Notice of Assessments will be mailed to Arlington property owners beginning Jan. 20, 2026. Look up your 2026 property assessment Real estate taxes provide almost 60% of the County’s total revenues. Real estate assessments affect the amount of tax revenue the County collects to support County services like schools, parks, and public safety. The County’s real estate tax base is split between residential (57%) and commercial (43%) property assessments. WATCH: 10 Things to know about property assessments Commercial property assessments decreased by 1.5% compared to the previous year, impacted by the continued weakness in the commercial office sector. Existing office property values, which have been impacted by rising vacancy rates and changing demand for office space, decreased by 19% overall. General commercial property values (malls, retail stores, gas stations, commercial condos, etc.) showed modest growth, increasing 3.7% overall. Hotel property values decreased 3.8% from the rebound in CY 2024, with approximately 1.5% of this decrease from hotels converted to apartments. Apartment property values showed growth, increasing 6.2% overall, including a 0.5% increase from office and hotel properties being converted to apartments. Pressures for the Upcoming County BudgetThe County is facing significant challenges in the FY 2027 budget as the growth in expenses continues to outpace the growth in revenue. In December 2025, the County Board directed the County Manager to propose a balanced budget with multiple options including:
This next fiscal year brings many uncertainties, including impacts of the federal budget, ongoing pressures from high office vacancy rates, the increased need for the County’s social safety net programs and services, and the changing economic environment. The County Board’s direction to the Manager in addressing the budget shortfall asks for a review of all County services, taxes, and fees. We encourage everyone to share feedback on the trade-offs of service reductions, ideas to save money, and options to increase revenue. The County Manager will present his proposed budget to the Board in February 2026. About Real Estate AssessmentsReal estate assessments are the County's opinion of fair market value for each parcel of real property in Arlington. Assessments are made annually using accepted methods, standards and techniques of the real estate appraisal and assessment profession. For more information, visit the County webpages on real estate assessments. Media ContactRyan Hudson |