Glen Allen, Goochland County, Virginia Property Taxes

Name: Property Tax Bills Across Glen Allen, Goochland County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Glen Allen, VA effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Glen Allen, VA home value: $581,900
Median annual Glen Allen, VA tax bill: $3,084, $684 higher than the national median property tax bill of $2,400.

How are property taxes in Goochland calculated?

Property taxes in Glen Allen, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Glen Allen’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Allen, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Glen Allen, Goochland County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$3,172

$2,944

Ownwell’s Glen Allen Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glen Allen with just two data points. By entering your property's estimated assessed value, our calculator applies Glen Allen’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Goochland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Glen Allen, Goochland County, Virginia

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Glen Allen’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

Property Tax Rates Across Glen Allen, Goochland County, Virginia

Source: Ownwell

0.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Glen Allen Tax Rate

0.53%

Median Effective Goochland County Tax Rate

0.53%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Glen Allen, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23059	0.53%	0.53%	0.53%	0.53%	0.53%

Source: Ownwell

Property Tax Assessment Values Across Glen Allen, Goochland County, Virginia

When examining property taxes in Glen Allen, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Goochland County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: Goochland County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Glen Allen. For example, the median home price in Glen Allen is $581,900, with tax bills ranging significantly across the county. 23059 has the highest median home price at $581,900.

Property Tax Assessment Values Across Glen Allen, Goochland County, Virginia

Source: Ownwell

$260,250

$554,950

$849,650

Median Glen Allen Market Value

$598,500

Median Goochland County Market Value

$484,200

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Glen Allen, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23059	$527,720	$558,300	$598,500	$655,250	$711,320

Source: Ownwell

Property Tax Bills Across Glen Allen, Goochland County, Virginia

In Glen Allen, VA, located in Goochland County, property tax bills are calculated based on the assessed value of a home. The median home price in Glen Allen is $581,900, which influences the property tax amount. Local tax authorities determine the assessed value, and the tax rate is applied to this value to calculate the tax bill. Homeowners in Glen Allen can expect property tax bills ranging from $2,865 at the 25th percentile to $3,660 at the 90th percentile. The median property tax bill in this area is $3,084, which is above the national median of $2,400. This higher tax burden can significantly impact homeowners, affecting their monthly budgets and overall financial planning. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By reviewing your property's assessed value and ensuring it's accurate, Ownwell can help reduce your tax bill, potentially saving you hundreds of dollars annually. This service ensures homeowners are not overpaying on their property taxes, providing peace of mind and financial relief.

Property Tax Bills Across Glen Allen, Goochland County, Virginia

Source: Ownwell

$1,305

$2,791

$4,276

Median Glen Allen Tax Bill

$3,164

Median Goochland County Tax Bill

$2,439

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Glen Allen, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23059	$2,671	$2,950	$3,164	$3,465	$3,774

Source: Ownwell