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Updated 2025 Tax Year

Henry County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
$0.555 per $100 of assessed value for real estate (may vary by special taxing districts)
1st Due
Dec 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Henry County, Virginia operates on an annual property tax system that serves as a primary funding source for essential county services including public schools, law enforcement, fire and rescue services, road maintenance, and general government operations. Property taxes are assessed based on the fair market value of real estate and personal property as determined by the Commissioner of Revenue, with collections handled by the County Treasurer.

The county's property tax structure includes both real estate and personal property components, with real estate taxed at $0.555 per $100 of assessed value for the current tax year. Property owners should note that actual tax rates may vary slightly depending on location within Henry County due to special taxing districts or assessments for specific services like fire districts or water/sewer improvements. The county reassesses properties periodically to maintain current market valuations, and property owners have appeal rights if they disagree with their assessed values.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
Real Estate$0.555Base county levy for real property
Personal Property$1.55Vehicles, boats, machinery, and other tangible personal property
Mobile Homes$0.555Mobile homes classified as real estate

Rates shown are for the current tax year. Special taxing districts within Henry County may have additional assessments for services such as fire protection, water/sewer systems, or other municipal services. Property owners should verify their specific rate with the Commissioner of Revenue office, as rates can vary by geographic location within the county.

Section 3

When Are Property Taxes Due?

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

First Installment
Dec 5
Delinquent after Dec 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 taxes in Henry County are additional property tax assessments that occur when there are changes to property ownership or improvements made during the tax year. Common triggers include property sales that result in updated market value assessments, completion of new construction projects, additions or major renovations to existing structures, or the addition of new personal property such as vehicles or business equipment.

When a supplemental assessment is issued, it covers the period from when the change occurred through the end of the current tax year. For example, if a property sells in March and the new assessment increases the taxable value by $50,000, the supplemental tax would be calculated as: ($50,000 ÷ 100) × $0.555 × (9 months remaining ÷ 12 months) = $206.25. Supplemental tax bills are typically issued within 30-60 days of the triggering event and have separate due dates from regular annual property tax bills.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied for): Varies based on income eligibility
  • Net Taxable Value: $300,000
  • Annual Tax: ($300,000 ÷ 100) × $0.555 = $1,665
  • Monthly Escrow: $138.75

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Applicable credits (application required): Varies
  • Net Taxable Value: $600,000
  • Annual Tax: ($600,000 ÷ 100) × $0.555 = $3,330
  • Monthly Escrow: $277.50

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Applicable credits (application required): Varies
  • Net Taxable Value: $1,000,000
  • Annual Tax: ($1,000,000 ÷ 100) × $0.555 = $5,550
  • Monthly Escrow: $462.50

Note: Tax credits require separate application by May 1st deadline and are not automatically applied. Actual taxes may vary due to special district assessments.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Henry County require property tax escrow accounts for borrowers with less than 20% down payment, though some lenders mandate escrow regardless of down payment amount. Your lender collects 1/12th of the estimated annual property tax bill with each monthly mortgage payment, depositing these funds into a dedicated escrow account. The lender then pays your property taxes directly to Henry County when they become due.

Property tax bills are typically split into two installments, with the second half due by December 5th. Your mortgage servicer will receive tax bills directly from the county and make payments on your behalf. It's important to review your annual escrow analysis statement to ensure adequate funds are being collected, as property value changes or tax rate adjustments can affect your required escrow payments. If you pay taxes independently without escrow, you're responsible for making payments directly to the Henry County Treasurer's office by the specified due dates to avoid penalties and interest charges.

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 Henry County property taxes due? A: Real estate taxes are split into two payments, with the second half due by December 5th. Personal property tax forms must be filed by May 1st, and machinery/tools forms are due by March 1st.

Q: What tax credits are available to reduce my property tax bill? A: Henry County offers tax credits for eligible seniors, disabled veterans, and low-income homeowners. The elderly/disabled credit requires gross household income under $24,000 and net financial worth under $50,000. All tax credits require application by the May 1st deadline and are not automatic.

Q: How does the homestead tax credit work? A: The homestead credit caps the annual increase in assessed value for qualifying primary residences, typically limiting growth to 10% per year rather than full market value increases. This credit requires annual application by May 1st and is not automatically applied.

Q: How often does Henry County reassess properties? A: Henry County conducts periodic reassessments to maintain current market values. Property owners receive notice of new assessments and have appeal rights through the Board of Equalization if they disagree with their property's valuation.

Q: What penalties apply for late property tax payments? A: Late payments incur penalties and interest charges. Contact the County Treasurer's office for specific penalty rates and collection procedures for delinquent accounts.

Q: Can I pay my property taxes online? A: Check with the Henry County Treasurer's office for current online payment options and accepted payment methods. Many Virginia counties offer online payment portals for taxpayer convenience.

Q: Do special districts affect my property tax rate? A: Yes, properties located within special taxing districts (fire districts, water/sewer districts, etc.) may have additional assessments beyond the base county rate. Your specific rate depends on your property's location within Henry County.

Q: How do I apply for property tax credits or exemptions? A: Applications for tax credits must be filed with the Commissioner of Revenue by May 1st of the tax year. Contact their office for specific application forms and eligibility requirements, as credits are not automatically applied and require annual renewal in most cases.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Tax Informationhenrycountyva.gov
02
board of supervisorshenrycountyva.gov
03
General Reassessmenthenrycountyva.gov
04
Personal Propertyhenrycountyva.gov
05
State
Real Estate Tax Reliefhenrycountyva.gov
06
State
Second-Half Real Estate Tax Deadline is Dec. 5, 2025loudoun.gov
07
County
henry county, virginiahenrycountyva.gov
08
State
Real Estatehenrycountyva.gov
09
Tax Doc
2020 Legislative Summary | Virginia Taxtax.virginia.gov
10
State
Supplemental Real Estate and Personal Property Tax ...loudoun.gov
All sources verified as of 2025 Tax Year

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