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Updated 2025 Tax Year

Hanover County
Property Tax Guide

Everything you need to know about property taxes in Hanover County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

9 Official Sources
8 min read
Quick Facts
Tax Rate
$0.81 per $100 assessed value (may vary by special taxing districts)
1st Due
Dec 5
2nd Due
Jun 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Hanover County, Virginia operates on a property tax system that serves as the primary funding source for local government services, including schools, public safety, infrastructure, and county operations. The county maintains one of the lowest property tax rates in the Richmond metropolitan region at 81 cents per $100 of assessed value for the 2025 tax year. This competitive rate reflects the county's commitment to maintaining affordable property taxes while providing essential services to residents.

Property taxes in Hanover County are calculated based on the assessed value of real estate and personal property as determined by the county assessor. It's important to note that actual tax rates may vary by location within the county due to special taxing districts, such as those for specific fire departments, water and sewer services, or other local improvement districts. Property owners should verify their specific tax district to understand their complete tax obligation, as additional assessments may apply beyond the base county rate.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
Base County Rate$0.81General county operations, schools, and services for FY 2025
Special Fire DistrictsVariesAdditional assessment for specific volunteer fire departments (where applicable)
Water/Sewer DistrictsVariesAdditional assessment for water and sewer services (where applicable)
Other Special DistrictsVariesAdditional assessments for specific local improvement districts

Note: The base rate of $0.81 per $100 of assessed value applies to the 2025 levy year. Special district rates vary by location within Hanover County. Property owners should check their tax bill or contact the Commissioner of the Revenue at (804) 365-6040 to determine if additional special district assessments apply to their property.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Hanover County, property taxes are due in two installments:

First Installment
Dec 5
Delinquent after Dec 10
Second Installment
Jun 5
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental tax bills in Hanover County are issued when there are changes to property ownership, new construction, or property improvements that occur after the initial tax roll is established. These supplemental assessments are calculated on a prorated basis from the date the change becomes effective through the end of the tax year. Supplemental bills for both personal property and real estate taxes are due on the 5th of each month following issuance.

For example, if a new home is completed and receives its certificate of occupancy in March, the property owner would receive a supplemental real estate tax bill covering the period from March through June (when regular semi-annual billing resumes). The supplemental tax would be calculated by taking the annual tax amount, dividing by 12 months, and multiplying by the number of months remaining in the tax year. This ensures that all property owners pay their fair share of taxes for the period they own assessable property in the county.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Tax Credits Applied: None (no application submitted)
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 ÷ 100 × $0.81 = $2,430
  • Monthly Escrow: $202.50

Example 2: $600,000 Home (Senior Citizen)

  • Assessed Value: $600,000
  • Tax Credits Applied: Assumes elderly/disabled credit (requires application)
  • Net Taxable Value: $600,000 (credit amount varies based on income qualification)
  • Annual Tax: Approximately $4,860 (before potential credits)
  • Monthly Escrow: $405

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Tax Credits Applied: None (no application submitted)
  • Net Taxable Value: $1,000,000
  • Annual Tax: $1,000,000 ÷ 100 × $0.81 = $8,100
  • Monthly Escrow: $675

Note: Tax credits require annual application and are not automatically applied. Contact the Commissioner of the Revenue for credit eligibility and application requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Hanover County require property tax escrow accounts for borrowers with less than 20% down payment. Lenders collect monthly escrow payments equal to 1/12 of the annual property tax bill, plus insurance premiums. These funds are held in a separate account and used to pay property taxes when due on June 5 and October 5 each year.

Property owners with escrow accounts should receive annual escrow statements from their lenders showing the account balance and projected payments. If property taxes increase due to reassessment or rate changes, lenders may adjust monthly escrow payments and may require additional payments to cover shortfalls. Property owners are responsible for ensuring their lenders have current tax information, though most lenders automatically receive tax bills from the county. For verification of escrow payments or to ensure taxes are paid correctly, contact the Hanover County Treasurer's Office at (804) 365-6135.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Hanover County for 2025? A: Real estate taxes are due semi-annually on June 5 and October 5. Personal property taxes are due annually on February 5. All payments are considered late if received after 5:00 PM on the due date.

Q: What tax credits are available and do they require application? A: Tax credits available include elderly/disabled credits and disabled veteran tax relief. All credits require annual application and are NOT automatically applied. Applications must be submitted to the Commissioner of the Revenue by specific deadlines. Contact (804) 365-6040 for current application forms and deadlines.

Q: How does the homestead exemption work? A: Virginia does not have a traditional homestead exemption. However, elderly and disabled homeowners may qualify for tax credits that can significantly reduce their tax burden. These credits require income qualification and annual application through the Commissioner of the Revenue.

Q: How often are properties reassessed? A: Hanover County conducts general reassessments every four years, with the most recent completed in 2024. Property owners who disagree with their assessment can appeal to the Board of Equalization during the appeal period, typically in March and April following reassessment notices.

Q: What are the penalties for late payment? A: Late payments incur a 10% penalty plus interest at a rate set annually by the state. Real estate taxes that remain unpaid may result in liens being placed on the property, and personal property taxes may result in additional collection actions.

Q: Can I pay property taxes online? A: Yes, Hanover County offers online payment options through their official website. Payments can be made by electronic check or credit card, though credit card payments may incur processing fees. Payments made after business hours on the due date are considered late.

Q: Do special districts affect my tax rate? A: Yes, properties located in special taxing districts such as specific fire districts or water/sewer districts may have additional assessments beyond the base county rate of $0.81 per $100. Check your tax bill or contact the Commissioner of the Revenue to determine applicable special district taxes.

Q: What triggers a supplemental tax bill? A: Supplemental bills are issued for new construction, property improvements, ownership changes, or corrections to the tax roll that occur after the initial billing. These are due on the 5th of the month following issuance and are prorated based on the effective date of the change.

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