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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.
Leases are subject to sales and use tax at the same rate as if the item is sold. The sales tax is imposed on the gross proceeds from the lease or rental of tangible personal property. Sales and use tax rate. The general Virginia sales and use tax rate is 4 percent. Currently, every city and county in Virginia imposes an additional 1 percent local sales and use tax, so the general combined sales and use tax rate is 5 percent. The rate on food purchased for human consumption is taxed at a lower rate of 1.5 percent.