Total monthly cost of ownership
Cost to Own a Home in Goochland, Virginia
A $494,000 home here costs
$3,498per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,540. The real number is $959 higher every month — 38% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Goochland against Goochland County and Virginia
| Measure | Goochland | Goochland County |
|---|---|---|
| Median home value | $494,100 | $483,700 |
| Median property tax | $2,390 | $2,418 |
| Effective tax rate | 0.484% | 0.500% |
| Median gross rent | — | $1,567 |
| Population | 1,301 | 25,613 |
The weather behind that power bill
Goochland sits in Goochland County, which averages a high of 86.8°F in its hottest month and a low of 25.9°F in its coldest, with 44.85" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,160 cooling and 4,377 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Goochland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Goochland County
No other places of this size are published in Goochland County.
Full Goochland County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Goochland?
A $494,000 home in Goochland, Virginia costs approximately $3,498 per month with 20% down at 6.66%. That is $2,540 principal and interest, $199 property tax, $121 homeowners insurance, $226 utilities and $412 set aside for maintenance.
What is the property tax rate in Goochland?
Goochland has an effective property tax rate of 0.484%, based on a median home value of $494,100 and median real estate taxes of $2,390. That is lower than the Goochland County average of 0.500%.
What is the average home price in Goochland?
The median owner-occupied home value in Goochland, Virginia is $494,100, against $483,700 across Goochland County.
Is it cheaper to rent or buy in Goochland?
Rent data is not published for Goochland at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Goochland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.