Sandston, Henrico County, Virginia Property Taxes

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

Median Sandston, VA effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Sandston, VA home value: $251,800
Median annual Sandston, VA tax bill: $2,133, $267 lower than the national median property tax bill of $2,400.

How are property taxes in Henrico calculated?

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

Last Updated March 1, 2025

Sandston, Henrico County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$2,140

$1,986

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

Property Tax Rates Across Sandston, Henrico County, Virginia

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total assessed 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 Sandston'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 Sandston, Henrico County, Virginia

Source: Ownwell

0.85%

0.86%

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 Sandston Tax Rate

0.85%

Median Effective Henrico County Tax Rate

0.85%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sandston, Henrico County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23150	0.85%	0.85%	0.85%	0.85%	0.85%

Source: Ownwell

Property Tax Assessment Values Across Sandston, Henrico County, Virginia

When examining property taxes in Sandston, 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 Henrico 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.

In Henrico County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Sandston.

For example, the median home price in Sandston is $251,800, with tax bills ranging significantly across the county. Zip code 23150 has the highest median home price at $251,800.

Property Tax Assessment Values Across Sandston, Henrico County, Virginia

Source: Ownwell

$169,150

$358,225

$547,300

Median Sandston Market Value

$251,800

Median Henrico County Market Value

$308,300

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sandston, Henrico County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23150	$171,800	$204,550	$251,800	$307,400	$373,400

Source: Ownwell

Property Tax Bills Across Sandston, Henrico County, Virginia

In Sandston, located in Henrico County, VA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Sandston is $251,800, with a median tax bill of $2,133. This figure is slightly below the national median property tax bill of $2,400. Factors such as the property's assessed value and the local tax rate influence the final tax bill. Homeowners in Sandston might find themselves paying anywhere from $1,723 at the 25th percentile to $3,185 at the 90th percentile, depending on these factors. This variability can significantly impact homeowners' finances, making it essential to ensure assessments are accurate. Ownwell assists homeowners by providing property tax appeal and exemption services, ensuring they pay only their fair share. By leveraging expert knowledge and local data, Ownwell can help homeowners potentially reduce their tax bills, offering peace of mind and financial savings.

Property Tax Bills Across Sandston, Henrico County, Virginia

Source: Ownwell

$1,439

$3,047

$4,654

Median Sandston Tax Bill

$2,133

Median Henrico County Tax Bill

$2,643

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Sandston, Henrico County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23150	$1,428	$1,723	$2,133	$2,616	$3,185

Source: Ownwell