Property Tax in Henry County
via TaxByCounty
Henry County offers Virginia's lightest burden
Henry County's effective tax rate of 0.502% ranks among the lowest in the nation, running 25% below the national median of 0.67%. Homeowners here pay just $604 in annual property taxes on a median home value of $120,300—less than one-quarter the national median home price.
Henry County significantly below state average
Henry County's 0.502% effective rate runs nearly 25% below Virginia's state average of 0.671%, making it one of the commonwealth's most tax-friendly counties. The median tax bill of $604 represents just 31% of Virginia's state median of $1,960, reflecting both lower rates and substantially lower home values.
Henry County's rate is lowest in region
Among the eight jurisdictions examined, Henry County's 0.502% rate stands out as the clear winner for affordability, well below Highland County's 0.564% and dramatically lower than Hopewell's 0.969%. The county offers a stark contrast to higher-tax neighbors like Henrico and Harrisonburg.
Just $604 yearly on median home
Henry County residents with the median home value of $120,300 pay approximately $604 in annual property taxes. Interestingly, mortgaged homes face slightly higher taxes ($674) than those owned outright ($558), an unusual pattern suggesting targeted mortgage-related assessments.
Even here, verify your assessment
Henry County's low overall tax burden doesn't mean individual assessments are always accurate. Homeowners should still review their property valuations and file an appeal if they believe their homes are overassessed relative to local market conditions.