Property Tax & Income in Goochland County, Virginia
Goochland County has an effective property tax rate of 0.50%. On the median home value of $500,600, that's roughly $2,496 per year. Median household income is $118,931.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Goochland County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.50% | 0.60% |
| Median home value1 | $500,600 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Goochland County, VA
Goochland County’s effective property tax rate of 0.499% sits comfortably below Virginia’s statewide median of 0.601%, and it is lower still against the national median of 0.794%. Among the state’s 133 counties, this one ranks 109th by rate, placing it toward the lower end of Virginia’s property tax landscape. That gap shows up in actual dollars: with a median home value of $500,600, the median annual real-estate tax bill comes to $2,496. Households here earn a median of $118,931, with per-capita income at $67,746, so property taxes take a smaller share of income than they would in many higher-rate jurisdictions. Communities such as Henrico, Crozier, and Goochland anchor the county. The rate compares favorably with both state and national benchmarks.