Virginia · County property tax · ACS 2024
Petersburg city Property Taxes
The median homeowner in Petersburg city pays $1,523 a year, an effective rate of 0.81%, notably lower than the U.S. average.
- $1,523
- Median tax / yr · Below-median bill
- 0.81%
- Effective rate · Above-median rate
- -24%
- vs U.S. average
- #26 of 133
- rank in VA
The verdict
Homeowners in Petersburg city pay a median $1,523 a year in property tax, an effective rate of 0.81%, more affordable than 49% of U.S. counties (Census ACS 2024).
- $1,523
- Median annual tax bill, 2024
- 0.81%
- Effective rate on median home
- #1591 of 3135
- U.S. counties by tax burden
- -24%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($189,000). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Virginia. Population: 33,537. Owner-occupied homes: 5,846.
The median annual property tax in Petersburg city is $1,523, which is 45% lower than the Virginia state average and 24% below the national average. The effective tax rate is 0.81% on a median home value of $189,000. Property taxes represent 3.0% of the median household income in this county.
Petersburg city's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Petersburg city's 0.81% effective rate sits near the middle of 3,135 tracked counties (more affordable than 49%).
Decision signal 2
The bill sits below the Virginia median
Homeowners in Petersburg city pay a median annual property tax of $1,523, notably lower than the national median and well below the Virginia state median. On a $189,000 median home, that works out to an effective rate of 0.81% once the local assessment base and millage are combined.
Decision signal 3
Low among Virginia counties by effective rate
Petersburg city ranks #26 of 133 counties in Virginia by effective rate (80% of in-state counties pay a lower rate).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Petersburg city run within the commonly cited 2%-4% national benchmark, at about 3.0% of the $50,698 median household income.
Informational notice
Figures describe the median homeowner household in Petersburg city as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Petersburg city rose 69.1%, from $111,800 to $189,000. The effective rate fell 33.5% over the same span, a steeper move than in 99% of U.S. counties.
The median bill still rose 12.5%, to $1,523. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,354 to $1,523, a gain of 12%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The fullest band here is the $800 to $1,499 range, holding 1,720 of 5,846 owner-occupied homes (29.4%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Incomes here are in the lowest quarter nationally while the rate sits just below the middle, and the median bill lands at 3.0% of median household income. The rate reads as unremarkable in a national ranking; the earnings behind it are not, and the ratio above is where the two meet.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Petersburg city Homeowners Actually Pay
The single largest group of Petersburg city homeowners, 1,720 of 5,846 owner-occupied homes (29.4%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 15.2% (891)
- $800 to $1,499 29.4% (1,720)
- $1,500 to $1,999 19.8% (1,157)
- $2,000 to $2,999 14.3% (837)
- $3,000 or more 12.4% (722)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
519 homes here (8.9%) report no real estate tax at all. Exemptions are set by state: how Virginia handles assessments and appeals.
With vs Without Mortgage
In Petersburg city, mortgaged homeowners pay 13% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Petersburg city's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Petersburg city's effective rate is higher than 80% of the 133 counties in Virginia - ranking #26 of 133.
Where Petersburg city sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.81% more affordable than 49% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Petersburg city vs Benchmarks
| Metric | Petersburg city | Virginia Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Above-median rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 3.0% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Petersburg city is UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Virginia counties.
Petersburg city rate trail · UNDER
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,523 +5.1% | 0.81% |
| 2023 | $1,449 -1.8% | 0.92% |
| 2022 | $1,476 +6.1% | 1.00% |
| 2021 | $1,391 +2.7% | 1.17% |
| 2020 | $1,354 | 1.21% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Petersburg city: tax-to-income at 3.0%
Counties near Petersburg city's effective rate
On effective rate, Petersburg city sits nearest Bedford County (PA), Morrow County (OR), Lincoln County (OR).
On published median-tax change, the nearest matches are Washington County (MS), Monmouth County (NJ), Cumberland County (NJ).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Petersburg city: only 4% of returns show Schedule A real-estate tax
Tax year 2022: 680 of 15,450 returns from Petersburg city reported real estate taxes, averaging $2,306 - 25% of those reporters sat in the $50-75k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Virginia
Petersburg city rate FAQs
- How does Petersburg city property tax compare to the national average?
- Property taxes in Petersburg city run notably lower than the national median of $1,993, an effective rate of 0.81% versus 0.92% nationally.
- What is the average property tax in Petersburg city, Virginia?
- The median annual property tax in Petersburg city is $1,523, an effective rate of 0.81% on a $189,000 median home (Census ACS, 2024).
- What is the tax affordability score for Petersburg city?
- Petersburg city, Virginia scores D (47/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at B- (+$178). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- Are property taxes increasing in Petersburg city?
- The ACS median property-tax bill for Petersburg city climbed 12.5% between the 2020 and 2024 5-year releases, from $1,354 to $1,523, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- What percentage of income goes to property taxes in Petersburg city?
- Property taxes in Petersburg city run within the commonly cited 2%-4% national benchmark, at about 3.0% of the $50,698 median household income.
What to do with Petersburg city's UNDER rate
Inside Virginia, Petersburg city's $1,523 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Virginia overview →
Petersburg city ranks #26 of 133 Virginia counties by effective rate - on the higher-burden half of the state ACS set. Virginia overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Petersburg city's UNDER effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.81%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,523/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Petersburg city
Nearest ABS(median_tax) ACS peers for Petersburg city (UNDER · MID), replacing the old fixed Keep exploring strip.
UNDER MID
Uintah County, UT
ABS(median_tax) peer · tied with Petersburg city at $1,523/yr; rate 0.51% vs Petersburg city 0.81%.
Falls County, TX
ABS(median_tax) peer · $1,522/yr (near-tied bill ABS $1); rate 1.37% vs Petersburg city 0.81%.
Roosevelt County, MT
ABS(median_tax) peer · $1,522/yr (near-tied bill ABS $1); rate 1.28% vs Petersburg city 0.81%.
Hale County, TX
ABS(median_tax) peer · $1,525/yr (near-tied bill ABS $2); rate 1.31% vs Petersburg city 0.81%.
Virginia county set
State ACS overview for every published Virginia county rate and median bill.
Assessment cycle basics
Petersburg city stamps UNDER · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Petersburg city (UNDER · MID) - ACS medians, not a parcel bill.