Real estate assessments grow by 4.5 percent

The average value of residential land with a home in Henrico County rose just more than 4 percent last year – from $255,000 to $265,600 – according to data from Henrico's Division of Finance, which completed its annual property reassessments last month. Henrico's tax rate is 87 cents per $100 of assessed value, meaning that the average real estate tax […]