StateRates

Powhatan County, Virginia property tax

The median homeowner in Powhatan County, Virginia pays $2,418 a year in property tax on a home worth $381,300, an effective rate of 0.63%. The national effective rate is 0.98%.

Effective rate 0.63% #63 of 129 in Virginia
Median tax bill $2,418 per year
Median home value $381,300 owner-occupied
Median income $110,667 household

What the rate means here

At 0.63%, Powhatan County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $381,300, and the bill lands at $2,418 anyway.

It ranks #63 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,995 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.45 times the median household income of $110,667, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. With 31,074 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $1,575 per year at 0.63%
$400,000 home $2,520 per year at 0.63%
$600,000 home $3,780 per year at 0.63%

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

Housing and income

Powhatan County, Virginia against Virginia and the country
Powhatan County Virginia United States
Effective property tax 0.63% 0.74% 0.98%
Median tax bill $2,418 $2,686 $2,969
Median home value $381,300 $360,700 $303,400
Median gross rent $1,107 $1,514 $1,348
Median household income $110,667 $90,974 $78,538
Home price to income 3.45× 3.96× 3.86×
Rent as share of income 12% 19.97% 20.6%
Owner-occupied 93.15% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 31,074.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Amherst County 0.51% $997 $197,200
Caroline County 0.56% $1,585 $283,100
Mecklenburg County 0.49% $826 $169,400
Smyth County 0.61% $766 $125,800
Carroll County 0.60% $861 $144,200

Powhatan County property tax: common questions

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

The effective rate is 0.63% of home value, from a median tax bill of $2,418 against a median home value of $381,300. That is 0.35 points below the national 0.98%.

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

Roughly $2,520 a year at the county effective rate of 0.63%.

Is Powhatan County expensive compared with the rest of Virginia?

It ranks #63 of 129 Virginia counties by effective property tax rate, and #1995 of 2,826 nationally. That is 0.11 points below the Virginia average of 0.74%.

What does housing cost in Powhatan County?

The median home is worth $381,300 and median gross rent is $1,107 a month. Median household income is $110,667, which puts the home at 3.45 times annual income and rent at 12% of it.