Property Tax in Goochland County
via TaxByCounty
Goochland County offers rare tax relief for upscale homes
At 0.500%, Goochland County's effective rate ranks among the lowest in America, falling well below the national median of 0.80%. Despite median home values of $483,700—well above the national median—residents pay $2,418 in annual taxes, just slightly more than the national median of $2,690.
Virginia's second-lowest tax rate on expensive homes
Goochland County ranks second among Virginia's 95 jurisdictions with an effective rate of only 0.500%, paired with the highest median home value in this analysis at $483,700. This combination means affluent homeowners here enjoy substantial tax relief compared to statewide averages.
Significantly cheaper than wealthy peers like Greene County
Goochland County's 0.500% rate substantially undercuts Greene County's 0.637%, despite similar neighborhood status and home values. A $483,700 home in Goochland pays $2,418 in taxes versus $3,180 across the border in Greene County—a $762 annual savings.
Median home of $483,700 costs just $2,418 yearly
Goochland County homeowners with a median-priced $483,700 property pay approximately $2,418 in annual property taxes. This remarkably low rate holds steady whether you finance ($2,426) or own free and clear ($2,404).
Even favorable rates warrant assessment review
Goochland County's low rates don't guarantee your home isn't overassessed—many wealthy homeowners overpay without realizing it. Filing an appeal costs nothing and could reduce your $2,418 bill further, ensuring your assessment reflects actual market conditions.