Loudoun County Reaps $1.3 Billion From Data Centers as Property Taxes Fall 30%
Updated
Updated · The New York Times · Aug 19
Loudoun County Reaps $1.3 Billion From Data Centers as Property Taxes Fall 30%
1 articles · Updated · The New York Times · Aug 19
Summary
$1.3 billion in data-center tax revenue is expected to flow to Loudoun County next year, accounting for about 40% of total tax collections and helping fund new schools, parks and a $102 million recreation center.
More than 250 data centers built or leased by Amazon, Microsoft, Google and others underpin that windfall, with at least two dozen more projects still in the pipeline.
Loudoun’s advantage grew from early fiber internet access and fast-track zoning, turning the county outside Washington into what the report calls the world’s leading data-center hub.
That buildup has let the county cut residents’ property taxes by about 30% over the past decade, offering a counterexample as other U.S. communities push back against data-center expansion.