23803 Property Tax Rate

Property owners in ZIP code 23803 (Petersburg, Virginia) pay a median of $1,414/year in property taxes on homes valued at $208,700. This translates to an effective tax rate of 0.68%, which is near the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23803 is approximately $118, which factors into escrow payments on mortgages. This ZIP code is located within Dinwiddie County. This is $829 less than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23803 has higher property taxes. ZIP codes with similar effective rates include 23169 (0.68%) and 23188 (0.68%).

In Petersburg, property taxes represent approximately 2.5% of the median household income of $55,820, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Dinwiddie County assessments are locally determined and do not reset when you buy. Dinwiddie County residents age 65+ or those who are disabled may access the Circuit Breaker program to reduce property tax if income qualifies; contact the Dinwiddie County Assessor for details. Submit an assessment appeal to the Dinwiddie County Assessor within 30 days of receiving your notice if you believe the valuation is excessive.