Property Tax & Income in Powhatan County, Virginia
Powhatan County has an effective property tax rate of 0.59%. On the median home value of $416,000, that's roughly $2,448 per year. Median household income is $110,537.
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 | Powhatan County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.59% | 0.60% |
| Median home value1 | $416,000 | — |
| 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 Powhatan County, VA
In Powhatan County, Virginia, the median home value sits at $416,000, and the annual property tax bill on that home comes to about $2,448. That works out to an effective rate of 0.588%, which lands below Virginia's statewide median of 0.601% and well under the national figure of 0.794%. Among the state's 133 counties, Powhatan ranks 70th by property tax rate. Households here earn a median of $110,537, with per-capita income at $49,923, so the tax bill claims a smaller share of earnings than it might in pricier markets. State Farm is the principal town within the county. Buyers weighing a move to this part of Virginia will find that both the tax rate and the resulting bill compare favorably against state and national benchmarks, even as home values remain substantial.