Lancaster County Property Taxes

Lancaster County, Virginia

Effective Tax Rate

0.00%

23.1% below state avg

Median Annual Tax

$0

$126/mo escrow

#15 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.49%

vs. Virginia Avg23.1% below
vs. National Avg43.9% below

At a Glance

Median Home Value

$307,600

State avg $278,065

Tax w/ Mortgage/yr

$1,431

$119/mo escrow

Tax w/o Mortgage/yr

$1,616

$135/mo

State Tax Rate Rank

#15

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Lancaster County, Virginia

Lancaster offers rare tax relief nationally

Lancaster County's effective tax rate of 0.490% ranks among the lowest in America, well below the national median property tax of $2,690. Residents pay just $1,508 annually on the median home—44% less than the typical American household.

Virginia's second-cheapest county

Lancaster County has the second-lowest effective tax rate in Virginia at 0.490%, trailing only King and Queen's 0.523%. Median property taxes of $1,508 are 23% below Virginia's $1,960 state median.

Unbeaten value in the region

Lancaster County's 0.490% rate is the lowest among all nearby Tidewater counties, beating King and Queen (0.523%), King George (0.561%), and all others significantly. This represents exceptional value for property owners in the region.

What $307,600 home costs yearly

On Lancaster's median home value of $307,600, homeowners pay approximately $1,508 per year in property taxes. This breaks down to roughly $126 monthly—exceptionally low for a county with healthy property values.

Even low-tax areas have appeal opportunities

Even in Lancaster County's favorable tax environment, some homeowners remain overassessed and could benefit from a valuation appeal. A quick professional review might uncover additional tax savings.

How Lancaster County Compares

Median Annual Property Tax

Lancaster County$1,508
Virginia State Average$1,960
National Average$1,924

Lancaster County

0.49%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Lancaster County, Virginia?
The effective property tax rate in Lancaster County, Virginia is 0.49%. 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 Lancaster County?
The median annual property tax payment in Lancaster County is $1,508. Homeowners with a mortgage pay a median of $1,431, while those without a mortgage pay $1,616.
How does Lancaster County compare to the Virginia average?
Lancaster County's effective tax rate of 0.49% is lower than the Virginia state average of 0.70%. The median annual property tax in Lancaster County is $1,508, compared to the state average of $1,960.
What is the median home value in Lancaster County, Virginia?
The median home value in Lancaster County, Virginia is $307,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Lancaster County a low property tax area in Virginia?
Yes — Lancaster County's effective property tax rate of 0.49% is below the Virginia average of 0.70%. The median annual property tax of $1,508 is also lower the state average of $1,960, making it a relatively affordable area for property taxes.
How does Lancaster County rank for property taxes in Virginia?
Lancaster County ranks #15 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.49% and median annual tax of $1,508, 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.