StateRates

Greene County, Virginia property tax

The median homeowner in Greene County, Virginia pays $2,009 a year in property tax on a home worth $315,300, an effective rate of 0.64%. The national effective rate is 0.98%.

Effective rate 0.64% #61 of 129 in Virginia
Median tax bill $2,009 per year
Median home value $315,300 owner-occupied
Median income $85,268 household

What the rate means here

At 0.64%, Greene County taxes property more lightly than the national 0.98%. With a median home at $315,300, that produces a bill of $2,009. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #61 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,965 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.7 times the median household income of $85,268, close to the national 3.86. This is a small rural county of 20,850 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,600 per year at 0.64%
$400,000 home $2,560 per year at 0.64%
$600,000 home $3,840 per year at 0.64%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Greene County, Virginia against Virginia and the country
Greene County Virginia United States
Effective property tax 0.64% 0.74% 0.98%
Median tax bill $2,009 $2,686 $2,969
Median home value $315,300 $360,700 $303,400
Median gross rent $1,502 $1,514 $1,348
Median household income $85,268 $90,974 $78,538
Home price to income 3.7× 3.96× 3.86×
Rent as share of income 21.14% 19.97% 20.6%
Owner-occupied 79.58% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 20,850.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Scott County 0.68% $826 $122,300
Buchanan County 0.44% $404 $91,400
Prince Edward County 0.40% $820 $203,700
Lee County 0.59% $586 $98,700
Waynesboro city 0.67% $1,578 $236,600

Greene County property tax: common questions

What is the property tax rate in Greene County, Virginia?

The effective rate is 0.64% of home value, from a median tax bill of $2,009 against a median home value of $315,300. That is 0.34 points below the national 0.98%.

How much is property tax on a $400,000 home in Greene County?

Roughly $2,560 a year at the county effective rate of 0.64%.

Is Greene County expensive compared with the rest of Virginia?

It ranks #61 of 129 Virginia counties by effective property tax rate, and #1965 of 2,826 nationally. That is 0.1 points below the Virginia average of 0.74%.

What does housing cost in Greene County?

The median home is worth $315,300 and median gross rent is $1,502 a month. Median household income is $85,268, which puts the home at 3.7 times annual income and rent at 21.14% of it.