Petersburg, Petersburg County, Virginia Property Taxes
Property Taxes in Petersburg, Virginia
Median Petersburg, Virginia effective property tax rate: 1.05%, significantly higher than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median Petersburg, Virginia home value: $133,500
Median annual Petersburg, Virginia tax bill: $1,318, $1,082 lower than the national median property tax bill of $2,400.
How are property taxes in Petersburg calculated?
Property taxes in Petersburg, Virginia 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 Petersburg's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Petersburg, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Petersburg, Petersburg County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$1,402
$1,301
How Does the Petersburg Property Tax Calculator Work?
Use this Petersburg property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Petersburg's median effective tax rate of 1.05% — based on actual property records in Petersburg County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Petersburg's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Petersburg: rates range from $924.00 in 23803 to $1,702.00 in 23805, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Petersburg.
About Petersburg Property Taxes
About Property Taxes in Petersburg, Petersburg, Virginia
Petersburg’s median effective property tax rate of 1.05% is higher than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Petersburg County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Petersburg. Homeowners in the 23805 ZIP code carry a median effective rate of 1.08%, while those in 23803 pay 0.98%. This spread — 0.10 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Petersburg County. Understanding which part of Petersburg you live in can make a meaningful difference to your annual tax bill.
Petersburg homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Petersburg, Petersburg County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Petersburg's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Petersburg Tax Rate
1.05%
Our median effective property tax rate (tax bill Ă· 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 Petersburg County Tax Rate
1.05%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Petersburg, Petersburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | 0.57% | 0.77% | 0.98% | 1.16% | 1.27% |
| 23805 | 0.94% | 1.02% | 1.08% | 1.15% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Petersburg, Petersburg County, Virginia
When examining property taxes in Petersburg, 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 Petersburg County assessment office 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 Petersburg County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Petersburg.
For example, the median home price in Petersburg is $133,500, with tax bills ranging significantly across the county. 23805 has the highest median home price at $163,900.
Property Tax Assessment Values Across Petersburg, Petersburg County, Virginia
Source: Ownwell
$101,800
$210,550
$319,300
Median Petersburg Market Value
$133,500
Median Petersburg County Market Value
$133,600
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Petersburg, Petersburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | $58,740 | $79,600 | $101,800 | $144,600 | $192,000 |
| 23805 | $116,800 | $137,000 | $163,900 | $198,850 | $244,500 |
Source: Ownwell
Property Tax Bills Across Petersburg, Petersburg County, Virginia
Property tax bills in Petersburg are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on the property’s characteristics and the local assessment process, which helps determine how much tax a homeowner owes each year. For many homeowners, the size of the bill depends on both the value of the home and the tax rate set by local taxing authorities.
With a median home price of $133,500, Petersburg homeowners often see bills that vary widely. The 25th percentile tax bill is $814, while the 75th percentile is $1,770 and the 90th percentile reaches $2,361. That means some residents pay well below the national median property tax bill of $2,400, while others come close to it.
Location within the city also matters. The highest median tax bill is $1,702 in ZIP code 23805, while the lowest median tax bill is $924 in ZIP code 23803. These differences can affect affordability and make it important for homeowners to understand how their bill is determined.
Median Petersburg Tax Bill
$1,318
Median Petersburg County Tax Bill
$1,321
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Petersburg, Petersburg County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | $457 | $652 | $924 | $1,357 | $1,875 |
| 23805 | $1,237 | $1,449 | $1,702 | $2,196 | $2,691 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Petersburg Tax Assessor | |
| Website | webpro.patriotproperties.com |