23089 Property Tax Rate

Property owners in ZIP code 23089 (Lanexa, Virginia) pay a median of $2,335/year in property taxes on homes valued at $383,600. This translates to an effective tax rate of 0.61%, which is 10% below the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23089 is approximately $195, which factors into escrow payments on mortgages. This ZIP code is located within New Kent County.

Compared to similar ZIP codes in Virginia, 23089 has higher property taxes. ZIP codes with similar effective rates include 24605 (0.61%) and 23970 (0.61%).

In Lanexa, property taxes represent approximately 2.3% of the median household income of $102,929, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax; New Kent County's 0.76% effective rate is a local county assessment. Seniors (65+), disabled persons, and surviving military spouses qualify for the Circuit Breaker program, an income-based relief that caps annual property tax liability — apply to the New Kent County Assessor's Office. Submit your application to the New Kent County Assessor promptly after closing to activate relief on your property this tax year.