23117 Property Tax Rate

Property owners in ZIP code 23117 (Mineral, Virginia) pay a median of $1,833/year in property taxes on homes valued at $272,700. This translates to an effective tax rate of 0.67%, which is near the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23117 is approximately $153, which factors into escrow payments on mortgages. This ZIP code is located within Louisa County. This is $410 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23117 has lower property taxes. ZIP codes with similar effective rates include 23847 (0.67%) and 24301 (0.67%).

In Mineral, property taxes represent approximately 2.1% of the median household income of $85,786, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax; Louisa County assesses property at the local level only, with a 0.67% effective rate. Seniors age 65 or older, disabled homeowners, and surviving military spouses qualify for the Circuit Breaker program — an income-based relief that caps annual tax liability — available through the Louisa County Assessor's Office. Apply immediately after purchase to the Louisa County Assessor to ensure your relief applies to the current tax year.