Petersburg city Property Taxes

Petersburg city, Virginia

Effective Tax Rate

0.00%

26.1% below state avg

Median Annual Tax

$0

$121/mo escrow

#117 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.92%

vs. Virginia Avg26.1% below
vs. National Avg46.1% below

At a Glance

Median Home Value

$157,900

State avg $278,065

Tax w/ Mortgage/yr

$1,529

$127/mo escrow

Tax w/o Mortgage/yr

$1,337

$111/mo

State Tax Rate Rank

#117

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Petersburg city, Virginia

Petersburg's tax rate exceeds national norms

Petersburg's effective tax rate of 0.918% ranks above the national median, though its median tax of $1,449 falls below the national median of $2,690. This reflects Petersburg's lower median home values of $157,900 relative to the national average.

Well above Virginia's statewide average

Petersburg's 0.918% effective rate substantially exceeds Virginia's 0.671% state average, making it one of the state's higher-tax cities. With median taxes of $1,449, Petersburg residents pay about 74% of the state median despite significantly lower property values.

Higher burden than surrounding counties

Petersburg's 0.918% rate far exceeds all surrounding counties, including Nottoway's 0.420% and Pittsylvania's 0.593%, placing it among Virginia's most expensive tax environments. Only Poquoson city matches Petersburg's elevated rate at 0.903%.

Plan for $1,400+ in annual taxes

On Petersburg's median home value of $157,900, the 0.918% effective rate yields approximately $1,449 in annual property taxes. Homeowners with mortgages may see this rise to $1,529, reflecting Petersburg's elevated rate structure.

Challenge overassessments in high-tax environments

In cities with rates as high as Petersburg's, even small assessment errors translate into significant unnecessary annual costs. Verify your property's assessed value against recent comparable sales and file an appeal if warranted—it could save you hundreds annually.

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

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.
Why is Petersburg city property tax rate higher than the Virginia average?
Petersburg city's effective property tax rate of 0.92% is higher than the Virginia average of 0.70%. This difference of 0.21% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Petersburg city rank for property taxes in Virginia?
Petersburg city ranks #117 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.92% and median annual tax of $1,449, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

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.