Dewitt, Dinwiddie County, Virginia Property Taxes

Name: Property Tax Bills Across Dewitt, Dinwiddie County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median DEWITT, VA effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median DEWITT, VA home value: $136,500
Median annual DEWITT, VA tax bill: $1,023, $1,377 lower than the national median property tax bill of $2,400.

How are property taxes in Dinwiddie calculated?

Property taxes in DEWITT, VA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding DEWITT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DEWITT, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Dewitt, Dinwiddie County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$1,033

$959

Ownwell’s DeWitt Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in DeWitt with just two data points. By entering your property's estimated assessed value, our calculator applies DeWitt’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Dinwiddie County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dewitt, Dinwiddie County, Virginia

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare DEWITT’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.

In DEWITT, located in Dinwiddie County, the effective property tax rate is 0.79%. This rate is notably lower than the national median property tax rate of 1.02%. DEWITT's rate is consistent across the county, with both the highest and lowest median tax rates being 0.79%. This suggests a uniform approach to property tax assessments within the area. For property owners in DEWITT, this lower rate can translate to significant savings compared to the national median property tax bill of $2400. Understanding these rates can empower property owners in DEWITT to make informed decisions about their property investments and potential tax appeals.

Property Tax Rates Across Dewitt, Dinwiddie County, Virginia

Source: Ownwell

0.84%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Dewitt Tax Rate

0.84%

Median Effective Dinwiddie County Tax Rate

0.84%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dewitt, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23840	0.84%	0.84%	0.84%	0.84%	0.84%

Source: Ownwell

Property Tax Assessment Values Across Dewitt, Dinwiddie County, Virginia

When examining property taxes in DEWITT, VA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Dinwiddie County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Dinwiddie County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in DEWITT. For example, the median home price in DEWITT is $136,500, with tax bills ranging significantly across the county. 23840 has the highest median home price at $136,500.

Property Tax Assessment Values Across Dewitt, Dinwiddie County, Virginia

Source: Ownwell

$92,200

$138,900

$185,600

Median Dewitt Market Value

$122,983

Median Dinwiddie County Market Value

$144,000

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dewitt, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23840	$40,800	$82,900	$122,983	$175,900	$228,940

Source: Ownwell

Property Tax Bills Across Dewitt, Dinwiddie County, Virginia

In DEWITT, located in Dinwiddie County, VA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in DEWITT, the tax bills can range significantly, with the 25th percentile at $657 and the 75th percentile reaching $1,493. This variation is influenced by factors such as property size, location, and improvements, which affect the assessed value. Compared to the national median property tax bill of $2,400, DEWITT residents generally pay less, with a median tax bill of $1,023. However, high property taxes can still impact homeowners' finances, making it essential to ensure accurate assessments. Ownwell assists homeowners by reviewing property assessments and identifying potential discrepancies or opportunities for exemptions. By appealing incorrect assessments, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Dewitt, Dinwiddie County, Virginia

Source: Ownwell

$774

$1,158

$1,541

Median Dewitt Tax Bill

$1,011

Median Dinwiddie County Tax Bill

$1,200

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Dewitt, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23840	$288	$674	$1,011	$1,470	$1,907

Source: Ownwell