Hopewell city Property Taxes
Hopewell city, Virginia
Effective Tax Rate
0.00%
18.4% below state avgMedian Annual Tax
$0
$133/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.97%
At a Glance
Median Home Value
$165,100
State avg ▼ $278,065
Tax w/ Mortgage/yr
$1,615
$135/mo escrow
Tax w/o Mortgage/yr
$1,564
$130/mo
State Tax Rate Rank
#123
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Hopewell city, Virginia
Hopewell taxes among nation's heaviest
Hopewell city's effective tax rate of 0.969% ranks in the top 10% of American jurisdictions for property tax burden, far exceeding the national median of 0.67%. Residents pay $1,600 annually on a median home valued at $165,100, a rate that reflects significant fiscal pressure on this industrial city.
Hopewell has Virginia's steepest rate
Hopewell's 0.969% effective rate towers over Virginia's state average of 0.671%, making it by far the highest-taxing jurisdiction among the eight examined here. The city's median tax of $1,600 exceeds the state median of $1,960 in percentage terms despite lower absolute home values, illustrating the rate's severity.
Hopewell's burden far exceeds all peers
Hopewell's 0.969% rate is nearly 34% higher than Harrisonburg (0.781%), the second-highest in this cohort, and nearly twice Henry County's 0.502%. This dramatic difference reflects Hopewell's unique fiscal challenges as an independent city with a smaller tax base.
Hopewell residents pay $1,600 yearly
A homeowner with Hopewell's median property value of $165,100 faces an annual tax bill of approximately $1,600. Tax liability is similar for mortgaged ($1,615) and unmortgaged ($1,564) properties, indicating uniform assessment practices.
Appeal your assessment to reduce burden
Given Hopewell's exceptionally high tax rate, homeowners should carefully verify their property assessments and seriously consider filing an appeal. Even modest assessment reductions can generate meaningful savings when applied to such a steep rate.
How Hopewell city Compares
Median Annual Property Tax
Hopewell city
0.97%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Hopewell city, Virginia?
How much are property taxes in Hopewell city?
How does Hopewell city compare to the Virginia average?
What is the median home value in Hopewell city, Virginia?
Why is Hopewell city property tax rate higher than the Virginia average?
How does Hopewell city rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.