The gap between Alexandria’s residential and commercial tax bases continues to grow, with residents shouldering more of the city’s tax burden, according to the city’s released real estate tax assessments.
As of Jan. 1, Alexandria’s overall tax base increased by 3.4% in value, or nearly $1.7 billion, to reach $51.4 billion in 2026. The city’s residential tax base increased by 4.4% in value, or $1.4 billion, while the commercial tax base gained $334.8 million in value, up 1.9%, and the non-locally assessed tax base declined by $20.5 million, dropping 2.8%.
That means property owners can expect to see values increase as the city government’s reliance on residential property taxes has gone up from 82.49% to 82.6%…