Property Tax in Petersburg city
via TaxByCounty
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.