Henry County widens tax relief and moves reassessments to two-year cycle

Henry County homeowners have a new tax-policy update to track after the Board of Supervisors approved two changes meant to reduce pressure from rising assessments and household costs.

The county says the board expanded real estate tax relief for elderly and disabled residents by raising the maximum qualifying household income from $24,000 to $40,000. The new exemption structure is 80% for household income up to $20,000, 50% for $20,001 to $30,000, and 20% for $30,001 to $40,000. The maximum annual exemption for an individual property remains capped at $500.

Supervisors also moved Henry County to a biennial reassessment schedule, meaning general reassessments will occur every two years instead of every four years. The county says the next reassessment must be completed no later than December 31, 2027, with two-year cycles after that under Virginia law.

• Who is affected: Elderly and disabled homeowners who may now fall within the higher income threshold, plus all property owners watching future reassessment cycles.
• What to know: The relief cap did not change, but more households may qualify because the income ceiling increased.
• Why it matters: More frequent reassessments may reduce the chance of large valuation jumps after long gaps, while tax relief can help fixed-income residents remain in their homes.

Residents who think they may qualify should watch for county tax-office guidance before the next billing cycle and review the official board action before relying on the new thresholds.

Source: Reporting based on Henry County's May 26, 2026 news flash, Board Approves Expanded Tax Relief, Moves to Biennial Reassessments, checked June 9, 2026.