Richmond County, Virginia Property Taxes
Census Bureau ACS property tax data for Virginia. Population: 2,067.
The median annual property tax in Richmond County is $1,188, which is 39% lower than the Virginia state average and 38% below the national average. The effective tax rate is 0.55% on a median home value of $214,200. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,188
-39% vs State
-38% vs US
Median Home Value
$214,200
-23% vs State
+1% vs US
Effective Tax Rate
0.55%
-18% vs State
-42% vs US
With vs Without Mortgage
With Mortgage
$1,244
$104/mo
Without Mortgage
$1,141
$95/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 | $1,188 -7.8% | 0.55% |
| 2022 | $1,288 +4.2% | 0.59% |
| 2021 | $1,236 +2.4% | 0.63% |
| 2020 | $1,207 +7.7% | 0.62% |
| 2019 | $1,121 | 0.62% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$64,184
per year
Monthly Tax
$99
per month
Other Counties in Virginia
Bath County
Tax: $834/yr Rate: 0.40%
King William County
Tax: $1,733/yr Rate: 0.63%
Buchanan County
Tax: $404/yr Rate: 0.44%
Charles City County
Tax: $1,354/yr Rate: 0.60%
Hanover County
Tax: $2,506/yr Rate: 0.67%
Fairfax city
Tax: $6,392/yr Rate: 0.94%
Frequently Asked Questions
What is the average property tax in Richmond County, Virginia? ▼
The median annual property tax in Richmond County is $1,188 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.55% on a median home value of $214,200.
How does Richmond County property tax compare to the national average? ▼
Property taxes in Richmond County are 38% below the national average of $1,923. The effective rate of 0.55% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Richmond County? ▼
In Richmond County, homeowners with a mortgage pay a median of $1,244 in annual property taxes, while homeowners without a mortgage pay $1,141. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Richmond County? ▼
Property taxes in Richmond County represent approximately 1.9% of the median household income of $64,184. 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.