22508 Property Tax Rate

Property owners in ZIP code 22508 (Locust Grove, Virginia) pay a median of $2,277/year in property taxes on homes valued at $368,200. This translates to an effective tax rate of 0.62%, which is 8% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 22508 is approximately $190, which factors into escrow payments on mortgages. This ZIP code is located within Orange County.

Compared to similar ZIP codes in Virginia, 22508 has higher property taxes. ZIP codes with similar effective rates include 23409 (0.62%) and 22401 (0.62%).

In Locust Grove, property taxes represent approximately 2.0% of the median household income of $113,733, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Orange County assesses and collects local taxes only, with no reassessment penalty at sale beyond standard county valuation. Orange County offers a circuit breaker tax relief program for seniors and disabled residents, as well as Land Use Taxation for agricultural property — contact the Orange County Assessor to confirm eligibility based on income and age. File your exemption request with the Orange County Assessor's office within 30 days of closing to ensure proper tax classification.