Homeowner Property Tax Dropped 40% in a Decade. The Reason: Data Centers.
City Journal documents that Loudoun County, Virginia homeowner property tax bills fell roughly 40% over a decade as data center tax revenue offset the residential burden. The piece uses Loudoun as the canonical example of how data center concentration can shift the tax base off homeowners.
- Loudoun County homeowner property tax dropped roughly 40% over the past decade.
- Data center industry tax revenue is the cited driver of the shift.
- Loudoun is the densest data center market in the world by capacity.
- Author Glock for City Journal.