TaxBy County

Petersburg city

Petersburg city, Virginia

Effective Tax Rate

0.92%

Median Annual Tax

$1,449

How Petersburg city Compares

Median Annual Property Tax

Petersburg city$1,449
Virginia State Average$1,960
National Average$1,924

Petersburg city

0.92%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$1,529

per year

Without Mortgage

$1,337

per year

Estimate Your Property Tax

$

Annual Tax

$1,449

Monthly Escrow

$121

Effective Rate

0.92%

vs. Virginia State Average▼ 26.1% below
vs. National Average▼ 46.1% below
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Frequently Asked Questions

What is the property tax rate in Petersburg city, Virginia?
The effective property tax rate in Petersburg city, Virginia is 0.92%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Petersburg city?
The median annual property tax payment in Petersburg city is $1,449. Homeowners with a mortgage pay a median of $1,529, while those without a mortgage pay $1,337.
How does Petersburg city compare to the Virginia average?
Petersburg city's effective tax rate of 0.92% is higher than the Virginia state average of 0.70%. The median annual property tax in Petersburg city is $1,449, compared to the state average of $1,960.
What is the median home value in Petersburg city, Virginia?
The median home value in Petersburg city, Virginia is $157,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in Virginia?
Property taxes in Virginia are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Colonial Heights city(VA)

Rate0.92%
Median Tax$2,127

Salem city(VA)

Rate0.91%
Median Tax$2,232

Poquoson city(VA)

Rate0.90%
Median Tax$3,640

Suffolk city(VA)

Rate0.93%
Median Tax$3,073
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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.

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