Hanover County Property Taxes

Hanover County, Virginia

Effective Tax Rate

0.00%

27.9% above state avg

Median Annual Tax

$0

$209/mo escrow

#82 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.67%

vs. Virginia Avg27.9% above
vs. National Avg6.8% below

At a Glance

Median Home Value

$372,700

State avg $278,065

Tax w/ Mortgage/yr

$2,502

$209/mo escrow

Tax w/o Mortgage/yr

$2,513

$209/mo

State Tax Rate Rank

#82

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Hanover County, Virginia

Hanover's tax rate tracks national norms

Hanover County's effective tax rate of 0.672% sits just slightly above the national median effective rate of 0.67%, placing it squarely in the middle of the pack nationally. Residents here pay $2,506 annually in median property taxes, modestly below the national median of $2,690 despite owning homes worth considerably more—$372,700 versus $281,900 nationally.

Nearly identical to Virginia's average

Hanover's effective rate of 0.672% virtually matches Virginia's state average of 0.671%, making it a textbook example of typical Virginia taxation. However, the county's median tax bill of $2,506 runs 28% higher than the state median of $1,960, reflecting the area's higher home values.

Hanover lighter than Henrico, heavier than Henry

Compared to nearby Henrico County (0.724% rate), Hanover taxes at a lower rate, though Henrico homeowners pay only slightly more per year ($2,416 vs. $2,506). Hanover's rate significantly exceeds nearby Henry County's 0.502%, putting Hanover firmly in the moderate-to-high camp for the region.

Median Hanover home costs $2,506 yearly

A homeowner with Hanover County's median-value property of $372,700 pays approximately $2,506 in annual property taxes. This figure holds relatively steady whether the home carries a mortgage or not, with minimal variation between the two scenarios.

Challenge your assessment if overvalued

Thousands of Virginia homeowners discover their properties are overassessed during the appeal process each year. If your home's county assessment seems inflated relative to recent sales in your neighborhood, filing an appeal could lower your tax burden.

How Hanover County Compares

Median Annual Property Tax

Hanover County$2,506
Virginia State Average$1,960
National Average$1,924

Hanover County

0.67%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Hanover County, Virginia?
The effective property tax rate in Hanover County, Virginia is 0.67%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Hanover County?
The median annual property tax payment in Hanover County is $2,506. Homeowners with a mortgage pay a median of $2,502, while those without a mortgage pay $2,513.
How does Hanover County compare to the Virginia average?
Hanover County's effective tax rate of 0.67% is lower than the Virginia state average of 0.70%. The median annual property tax in Hanover County is $2,506, compared to the state average of $1,960.
What is the median home value in Hanover County, Virginia?
The median home value in Hanover County, Virginia is $372,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Hanover County a low property tax area in Virginia?
Yes — Hanover County's effective property tax rate of 0.67% is below the Virginia average of 0.70%. The median annual property tax of $2,506 is also comparable to the state average of $1,960, making it a relatively affordable area for property taxes.
How does Hanover County rank for property taxes in Virginia?
Hanover County ranks #82 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.67% and median annual tax of $2,506, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.