Goochland County, Virginia Property Taxes

Name: Property Tax Bills Across Goochland County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Goochland County effective property tax rate: 0.53%, significantly lower than the national median of 1.02%.
Median Goochland County home value: $453,700
Median annual Goochland County tax bill: $2,269, $131 lower than the national median property tax bill of $2,400.

How are property taxes in Goochland County calculated?

Property taxes in Goochland County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Goochland or another part of Goochland County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Goochland County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$2,405

$2,231

Ownwell’s Goochland County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Goochland County with just two data points. By entering your property's estimated assessed value, our calculator applies Goochland County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Goochland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Goochland County, Virginia

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Goochland County's effective property tax rate to other counties in Virginia or the U.S. median property tax rate. Goochland County has an effective property tax rate of 0.53%, which is significantly lower than the national median of 1.02%. This lower rate can be seen as an advantage for property owners in Goochland, offering them a more favorable tax environment compared to many other regions across the country. However, it's essential to consider that lower tax rates might also reflect the level of services provided by the local government. Understanding these nuances can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Goochland County, Virginia

Source: Ownwell

0.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Goochland County Tax Rate

0.53%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Goochland County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Columbia	0.43%	0.53%	0.53%	0.53%	0.53%
Crozier	0.40%	0.44%	0.53%	0.53%	0.53%
Glen Allen	0.53%	0.53%	0.53%	0.53%	0.53%
Goochland	0.43%	0.53%	0.53%	0.53%	0.53%
Gum Spring	0.45%	0.53%	0.53%	0.53%	0.53%
Henrico	0.10%	0.52%	0.53%	0.53%	0.53%
Kents Store	0.39%	0.53%	0.53%	0.53%	0.53%
Louisa	0.53%	0.53%	0.53%	0.53%	0.53%
Maidens	0.45%	0.53%	0.53%	0.53%	0.53%
Manakin Sabot	0.49%	0.53%	0.53%	0.53%	0.53%
Mineral	0.45%	0.53%	0.53%	0.53%	0.53%
Oilville	0.53%	0.53%	0.53%	0.53%	0.53%
Richmond	0.44%	0.53%	0.53%	0.53%	0.53%
Rockville	0.40%	0.53%	0.53%	0.53%	0.53%
Sandy Hook	0.52%	0.53%	0.53%	0.53%	0.53%
Hadensville	N/A	N/A	N/A	N/A	N/A
Memphis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Goochland County, Virginia

When examining property taxes in Goochland County, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Goochland County Department of Real Estate Assessments estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Goochland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Goochland County.

For example, the median tax bill in Goochland County is $2,400, with tax bills ranging significantly across the county. Richmond has the highest median home price at $806,750.

Property Tax Assessment Values Across Goochland County, Virginia

Source: Ownwell

$242,900

$541,400

$839,900

Median Goochland County Market Value

$453,700

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Goochland County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Columbia	$97,600	$171,200	$242,900	$345,250	$501,100
Crozier	$206,840	$288,675	$430,350	$653,050	$1,057,240
Glen Allen	$508,620	$541,000	$581,900	$632,050	$690,380
Goochland	$127,760	$198,850	$301,700	$439,700	$615,060
Gum Spring	$183,300	$241,200	$308,400	$410,800	$521,900
Henrico	$440,800	$465,800	$518,500	$659,650	$802,200
Kents Store	$153,870	$227,950	$312,100	$421,900	$540,210
Louisa	$115,800	$217,225	$326,950	$444,525	$563,630
Maidens	$241,220	$321,200	$429,000	$630,500	$873,000
Manakin Sabot	$311,150	$475,750	$642,450	$942,450	$1,447,920
Mineral	$77,110	$180,200	$254,600	$351,475	$524,720
Oilville	$190,320	$316,900	$584,400	$669,875	$798,520
Richmond	$365,450	$532,950	$806,750	$1,051,425	$1,710,300
Rockville	$263,900	$332,500	$421,400	$543,500	$720,960
Sandy Hook	$179,250	$270,700	$423,850	$524,575	$645,350
Hadensville	N/A	N/A	N/A	N/A	N/A
Memphis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Goochland County, Virginia

In Goochland County, VA, property tax bills are calculated based on the assessed value of a home. The county assessor determines this value by evaluating the property's market value and applying the local assessment ratio. Homeowners in Goochland can expect their tax bill to be influenced by this assessed value, along with the county's tax rate. With a median home price of $453,700, property taxes can vary significantly. For example, homeowners at the 25th percentile of tax bills pay around $1,414, while those at the 75th percentile face bills of approximately $3,431. At the higher end, the 90th percentile tax bill reaches $5,137. Compared to the national median property tax bill of $2,400, Goochland's tax bills can be relatively higher, especially for those with properties assessed at or above the median value. This variability in tax bills highlights the importance of understanding local property tax policies and how they can impact homeowners' financial responsibilities in Goochland County.

Property Tax Bills Across Goochland County, Virginia

Source: Ownwell

$1,253

$2,717

$4,181

Median Goochland County Tax Bill

$2,269

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Goochland County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Columbia	$451	$812	$1,253	$1,776	$2,368
Crozier	$917	$1,383	$2,168	$3,254	$4,677
Glen Allen	$2,685	$2,865	$3,084	$3,324	$3,660
Goochland	$603	$1,000	$1,512	$2,217	$3,009
Gum Spring	$953	$1,232	$1,597	$2,124	$2,657
Henrico	$606	$890	$2,529	$2,840	$3,585
Kents Store	$508	$1,092	$1,580	$2,032	$2,730
Louisa	$519	$1,140	$1,681	$2,324	$2,954
Maidens	$1,183	$1,633	$2,182	$3,281	$4,474
Manakin Sabot	$1,534	$2,345	$3,316	$4,784	$7,187
Mineral	$402	$888	$1,330	$1,860	$2,751
Oilville	$893	$1,599	$3,006	$3,544	$4,232
Richmond	$1,691	$2,683	$4,058	$5,354	$8,848
Rockville	$1,287	$1,628	$2,079	$2,632	$3,314
Sandy Hook	$846	$1,342	$2,156	$2,712	$3,331
Hadensville	N/A	N/A	N/A	N/A	N/A
Memphis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell