23038 Property Tax Rate

Property owners in ZIP code 23038 (Columbia, Virginia) pay a median of $2,034/year in property taxes on homes valued at $345,200. This translates to an effective tax rate of 0.59%, which is 13% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23038 is approximately $170, which factors into escrow payments on mortgages. This ZIP code is located within Goochland County. This is $209 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23038 has higher property taxes. ZIP codes with similar effective rates include 22722 (0.59%) and 24245 (0.59%).

In Columbia, property taxes represent approximately 2.7% of the median household income of $74,318, providing context for the relative tax burden on homeowners in this area.

Virginia imposes no state property tax; Goochland County's 0.59% effective rate is a local county assessment. Seniors (65+), disabled persons, and surviving military spouses are eligible for the Circuit Breaker program, which reduces tax liability based on income — apply to the Goochland County Assessor's Office with your income documentation. Submit your application to the Goochland County Assessor promptly after purchase to ensure relief takes effect this year.