Lancaster County, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 4,364.
The median annual property tax in Lancaster County is $1,508, which is 23% lower than the Virginia state average and 22% below the national average. The effective tax rate is 0.49% on a median home value of $307,600. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,508
-23% vs State
-22% vs US
Median Home Value
$307,600
+11% vs State
+45% vs US
Effective Tax Rate
0.49%
-27% vs State
-48% vs US
With vs Without Mortgage
With Mortgage
$1,431
$119/mo
Without Mortgage
$1,616
$135/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 | $1,508 +9.9% | 0.49% |
| 2022 | $1,372 +16.2% | 0.47% |
| 2021 | $1,181 -0.4% | 0.49% |
| 2020 | $1,186 -8.5% | 0.50% |
| 2019 | $1,296 | 0.50% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$67,169
per year
Monthly Tax
$126
per month
Other Counties in Virginia
Goochland County
Tax: $2,418/yr Rate: 0.50%
Staunton city
Tax: $1,696/yr Rate: 0.71%
Culpeper County
Tax: $2,119/yr Rate: 0.55%
Poquoson city
Tax: $3,640/yr Rate: 0.90%
Henrico County
Tax: $2,416/yr Rate: 0.72%
Greensville County
Tax: $936/yr Rate: 0.59%
Frequently Asked Questions
What is the average property tax in Lancaster County, Virginia? ▼
The median annual property tax in Lancaster County is $1,508 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.49% on a median home value of $307,600.
How does Lancaster County property tax compare to the national average? ▼
Property taxes in Lancaster County are 22% below the national average of $1,923. The effective rate of 0.49% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lancaster County? ▼
In Lancaster County, homeowners with a mortgage pay a median of $1,431 in annual property taxes, while homeowners without a mortgage pay $1,616. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lancaster County? ▼
Property taxes in Lancaster County represent approximately 2.2% of the median household income of $67,169. 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.