23063 Property Tax Rate

Property owners in ZIP code 23063 (Goochland, Virginia) pay a median of $1,681/year in property taxes on homes valued at $345,100. This translates to an effective tax rate of 0.49%, which is 28% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23063 is approximately $140, which factors into escrow payments on mortgages. This ZIP code is located within Goochland County. This is $562 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23063 has higher property taxes. ZIP codes with similar effective rates include 24293 (0.49%) and 24382 (0.49%).

In Goochland, property taxes represent approximately 1.7% of the median household income of $100,417, 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.