Property Taxes in Mineral, Virginia
Median Mineral, Virginia effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Mineral, Virginia home value: $262,300
Median annual Mineral, Virginia tax bill: $1,361, $1,039 lower than the national median property tax bill of $2,400.
How are property taxes in Goochland calculated?
Property taxes in Mineral, Virginia 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 Mineral's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mineral, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mineral Property Tax Calculator Work?
Use this Mineral property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mineral's median effective tax rate of 0.53% — based on actual property records in Goochland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mineral's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Mineral: rates are 1361.00 in 23117, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Mineral.
About Mineral Property Taxes
About Property Taxes in Mineral, Goochland, Virginia
Mineral's median effective property tax rate of 0.53% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Goochland County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Mineral. Homeowners in the 23117 ZIP code carry a median effective rate of 0.53%, while those in 23117 pay 0.53%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Goochland County. Understanding which part of Mineral you live in can make a meaningful difference to your annual tax bill.
Mineral homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Mineral, Goochland County, Virginia
As noted earlier, 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 Mineral's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Mineral Tax Rate
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 Goochland County Tax Rate
0.53%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Mineral, Goochland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23117 | 0.45% | 0.53% | 0.53% | 0.53% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Mineral, Goochland County, Virginia
When examining property taxes in Mineral, Virginia, 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 assessment office 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 January each year. They'll typically reach your mailbox by the middle of January.
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. For example, the median home price in Mineral is $262,300, with tax bills ranging significantly across the county. Zip code 23117 has the highest median home price at $262,300.
Property Tax Assessment Values Across Mineral, Goochland County, Virginia
Source: Ownwell
$260,250
$554,950
$849,650
Median Mineral Market Value
$262,300
Median Goochland County Market Value
$484,200
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Mineral, Goochland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23117 | $83,500 | $187,800 | $262,300 | $363,400 | $540,300 |
Source: Ownwell
Property Tax Bills Across Mineral, Goochland County, Virginia
Mineral property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners in Mineral, the median home price is $262,300, and that value helps determine the size of the tax bill. Factors such as location, property characteristics, and local assessment practices can all influence how much a homeowner owes.
The typical tax bill in Mineral is $1,361, and that amount sits below the national median property tax bill of $2,400. Bills can vary widely, with the 25th percentile at $894 and the 75th percentile at $1,921, while the 90th percentile reaches $2,785. That range shows how property tax bills can affect homeowners differently, even within the same city, depending on how their home is assessed.
Median Mineral Tax Bill
$1,361
Median Goochland County Tax Bill
$2,439
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Mineral, Goochland County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23117 | $425 | $894 | $1,361 | $1,921 | $2,785 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 17 |
Links | |
|---|---|
| Goochland Tax Assessor | |
| Website | gis.co.goochland.va.us |