Property Tax in Hopewell city
via TaxByCounty
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.