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Median Income In. Hanover County, Virginia. The median property tax (also known as real estate tax) in Hanover County is $1,922.00 per year, based on a median home value of $281,600.00 and a median effective property tax rate of 0.68% of property value.
1 The tax is imposed on real estate that is located in Germany. 2  The taxes are transferred to the local authority in which the property is located. 3  The tax is also imposed when buying at least 95% shares of a company owning real estate.  The rate of tax is 3.5%-5%.