Central Virginia property tax is something you should consider if you are thinking about relocating your home or operating a small business. Happily, in the case of central Virginia, you are likely to be pleased with the results. Many counties and cities in central Virginia have relatively low taxes.

Why Is Central Virginia Property Tax So Low?

Quite simply, the local governments in central Virginia want to support agriculture and small businesses. They also want to support the growth of the region by encouraging young professionals to reside there as well as multi-generational families who have lived and worked on farms for years. Central Virginia property tax generally reflects the fact that local governments have this priority.

Taxes are highest in an upscale county such as Albemarle. In 2003, Albemarle County real estate taxes were $.76 per $100 value and personal property taxes were $4.28 per $100 value. Keep in mind, though, that many of the most elite residences, planned communities, and grand estates in central Virginia are in Albemarle.

In contrast, Louisa County has the lowest central Virginia property tax. This region is known for small apartments and family homes and well as small farms. Other counties have amounts ranging between these two, but they are hardly extremes--in general, central Virginia property taxes will be on the low side of what you find anywhere comparable.