Henry County Property Taxes

Henry County, Virginia

Effective Tax Rate

0.00%

69.2% below state avg

Median Annual Tax

$0

$50/mo escrow

#20 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.50%

vs. Virginia Avg69.2% below
vs. National Avg77.5% below

At a Glance

Median Home Value

$120,300

State avg $278,065

Tax w/ Mortgage/yr

$674

$56/mo escrow

Tax w/o Mortgage/yr

$558

$47/mo

State Tax Rate Rank

#20

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Henry County, Virginia

Henry County offers Virginia's lightest burden

Henry County's effective tax rate of 0.502% ranks among the lowest in the nation, running 25% below the national median of 0.67%. Homeowners here pay just $604 in annual property taxes on a median home value of $120,300—less than one-quarter the national median home price.

Henry County significantly below state average

Henry County's 0.502% effective rate runs nearly 25% below Virginia's state average of 0.671%, making it one of the commonwealth's most tax-friendly counties. The median tax bill of $604 represents just 31% of Virginia's state median of $1,960, reflecting both lower rates and substantially lower home values.

Henry County's rate is lowest in region

Among the eight jurisdictions examined, Henry County's 0.502% rate stands out as the clear winner for affordability, well below Highland County's 0.564% and dramatically lower than Hopewell's 0.969%. The county offers a stark contrast to higher-tax neighbors like Henrico and Harrisonburg.

Just $604 yearly on median home

Henry County residents with the median home value of $120,300 pay approximately $604 in annual property taxes. Interestingly, mortgaged homes face slightly higher taxes ($674) than those owned outright ($558), an unusual pattern suggesting targeted mortgage-related assessments.

Even here, verify your assessment

Henry County's low overall tax burden doesn't mean individual assessments are always accurate. Homeowners should still review their property valuations and file an appeal if they believe their homes are overassessed relative to local market conditions.

How Henry County Compares

Median Annual Property Tax

Henry County$604
Virginia State Average$1,960
National Average$1,924

Henry County

0.50%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Henry County, Virginia?
The effective property tax rate in Henry County, Virginia is 0.50%. 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 Henry County?
The median annual property tax payment in Henry County is $604. Homeowners with a mortgage pay a median of $674, while those without a mortgage pay $558.
How does Henry County compare to the Virginia average?
Henry County's effective tax rate of 0.50% is lower than the Virginia state average of 0.70%. The median annual property tax in Henry County is $604, compared to the state average of $1,960.
What is the median home value in Henry County, Virginia?
The median home value in Henry County, Virginia is $120,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Henry County a low property tax area in Virginia?
Yes — Henry County's effective property tax rate of 0.50% is below the Virginia average of 0.70%. The median annual property tax of $604 is also lower the state average of $1,960, making it a relatively affordable area for property taxes.
How does Henry County rank for property taxes in Virginia?
Henry County ranks #20 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.50% and median annual tax of $604, it falls in the lower 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.