Henry County, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 15,601.
The median annual property tax in Henry County is $604, which is 69% lower than the Virginia state average and 69% below the national average. The effective tax rate is 0.50% on a median home value of $120,300. Property taxes represent 1.2% of the median household income in this county.
Median Annual Tax
$604
-69% vs State
-69% vs US
Median Home Value
$120,300
-57% vs State
-43% vs US
Effective Tax Rate
0.50%
-25% vs State
-47% vs US
With vs Without Mortgage
With Mortgage
$674
$56/mo
Without Mortgage
$558
$47/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $604 +4.3% | 0.50% |
| 2022 | $579 +3.6% | 0.52% |
| 2021 | $559 +4.1% | 0.57% |
| 2020 | $537 +5.5% | 0.55% |
| 2019 | $509 | 0.54% |
Tax Burden
Tax-to-Income Ratio
1.2%
of median household income
Median Income
$48,445
per year
Monthly Tax
$50
per month
Other Counties in Virginia
Alexandria city
Tax: $6,879/yr Rate: 0.99%
Gloucester County
Tax: $1,718/yr Rate: 0.59%
Highland County
Tax: $1,104/yr Rate: 0.56%
Essex County
Tax: $1,312/yr Rate: 0.57%
Orange County
Tax: $2,048/yr Rate: 0.61%
Sussex County
Tax: $966/yr Rate: 0.54%
Frequently Asked Questions
What is the average property tax in Henry County, Virginia? ▼
The median annual property tax in Henry County is $604 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.50% on a median home value of $120,300.
How does Henry County property tax compare to the national average? ▼
Property taxes in Henry County are 69% below the national average of $1,923. The effective rate of 0.50% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Henry County? ▼
In Henry County, homeowners with a mortgage pay a median of $674 in annual property taxes, while homeowners without a mortgage pay $558. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Henry County? ▼
Property taxes in Henry County represent approximately 1.2% of the median household income of $48,445. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.