Louisa, Goochland County, Virginia Property Taxes

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

Median Louisa, 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 Louisa, VA home value: $326,950
Median annual Louisa, VA tax bill: $1,681, $719 lower than the national median property tax bill of $2,400.

How are property taxes in Goochland calculated?

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

Last Updated March 1, 2025

Louisa, 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

$1,789

$1,660

Ownwell’s Louisa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Louisa with just two data points. By entering your property's estimated assessed value, our calculator applies Louisa’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Louisa, 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 Louisa’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 Louisa, 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 Louisa 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 Louisa, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23093	0.53%	0.53%	0.53%	0.53%	0.53%

Source: Ownwell

Property Tax Assessment Values Across Louisa, Goochland County, Virginia

When examining property taxes in Louisa, 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: In Goochland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. 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 Louisa. For example, the median home price in Louisa is $326,950, with tax bills ranging significantly across the county. 23093 has the highest median home price at $326,950.

Property Tax Assessment Values Across Louisa, Goochland County, Virginia

Source: Ownwell

$260,250

$554,950

$849,650

Median Louisa Market Value

$337,600

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 Louisa, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23093	$123,720	$225,700	$337,600	$456,375	$578,160

Source: Ownwell

Property Tax Bills Across Louisa, Goochland County, Virginia

In Louisa, VA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. This assessed value is a percentage of the property's market value and is adjusted periodically to reflect changes in the real estate market. Factors such as property size, location, and improvements can influence this assessed value, ultimately affecting the homeowner's tax bill. The median property tax bill in Louisa is $1,681, which is significantly lower than the national median of $2,400. However, some homeowners in the area face tax bills as high as $2,954.

For homeowners looking to reduce their property tax burden, Ownwell offers valuable assistance. By providing expert property tax appeal and exemption services, Ownwell helps ensure that properties are fairly assessed, potentially saving homeowners hundreds or even thousands of dollars. With their in-depth knowledge and experience, Ownwell can identify discrepancies in assessments, negotiate with tax authorities, and secure the best possible outcome for homeowners seeking relief from excessive property tax bills.

Property Tax Bills Across Louisa, Goochland County, Virginia

Source: Ownwell

$1,305

$2,791

$4,276

Median Louisa Tax Bill

$1,734

Median Goochland County Tax Bill

$2,439

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Louisa, Goochland County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23093	$587	$1,178	$1,734	$2,395	$3,017

Source: Ownwell