Dinwiddie County Property Taxes
The median property tax rate in Dinwiddie County is 0.79%, which is lower than both the national median of 0.99% and the Virginia state median of 0.89%. With the median home value in Dinwiddie County, the typical annual property tax bill is $1,142, significantly below the national median of $2,690. Property taxes in Dinwiddie County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dinwiddie County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dinwiddie or another part of Dinwiddie County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dinwiddie County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,165
$1,081
Ownwell’s Dinwiddie Property Tax Bill Calculator provides a simple and effective way for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Dinwiddie. By entering just two data points—your property's estimated assessed value and any applicable exemptions—our calculator applies the median tax rate in Dinwiddie to give you an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities and make informed financial decisions. For more localized insights, you can scroll down to explore trends on a city level. Your property’s assessed value is determined by the county and reflects any exemptions you may qualify for, ensuring a precise calculation.
Property Tax Rates Across Dinwiddie County, Virginia
Property taxes in Dinwiddie County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dinwiddie County is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Dinwiddie County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dinwiddie County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Dinwiddie County's effective property tax rate with other counties and the national median. For comparison, the city of Blackstone has one of the higher property tax rates in Virginia at 0.79%. Analyzing how Dinwiddie County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dinwiddie County Tax Rate
0.79%
Average Virginia Tax Rate
0.89%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dinwiddie County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blackstone | 0.65% | 0.79% | 0.79% | 0.79% | 0.79% |
Carson | 0.56% | 0.79% | 0.79% | 0.79% | 0.79% |
Church Road | 0.70% | 0.79% | 0.79% | 0.79% | 0.79% |
Dewitt | 0.62% | 0.79% | 0.79% | 0.79% | 0.79% |
Dinwiddie | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Ford | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Mc Kenney | 0.64% | 0.79% | 0.79% | 0.79% | 0.79% |
North Dinwiddie | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Petersburg | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
South Chesterfield | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
South Prince George | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Stony Creek | 0.66% | 0.79% | 0.79% | 0.79% | 0.79% |
Sutherland | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Wilsons | 0.53% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Dinwiddie County, Virginia
In Dinwiddie County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dinwiddie County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Dinwiddie County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Sutherland has the highest median tax bill at $1,455, while South Chesterfield has the lowest at $153. Being aware of these valuation processes in Dinwiddie County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Dinwiddie County, Virginia
Source: Ownwell
$19,400
$102,900
$186,400
Average Dinwiddie County Assessed Value
$147,500
Average Virginia Assessed Value
$298,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dinwiddie County, Virginia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blackstone | $35,060 | $73,600 | $126,500 | $183,075 | $278,480 |
Carson | $45,360 | $87,700 | $141,900 | $218,100 | $305,500 |
Church Road | $71,500 | $116,250 | $173,600 | $240,850 | $338,400 |
Dewitt | $46,590 | $87,100 | $136,500 | $200,600 | $285,280 |
Dinwiddie | $65,310 | $91,900 | $150,994 | $208,925 | $283,800 |
Ford | $42,000 | $79,050 | $116,500 | $181,700 | $307,260 |
Mc Kenney | $20,000 | $63,900 | $109,000 | $170,500 | $263,332 |
North Dinwiddie | $79,000 | $117,750 | $147,100 | $181,000 | $237,000 |
Petersburg | $23,340 | $53,375 | $132,350 | $180,225 | $298,140 |
South Chesterfield | $19,400 | $19,400 | $19,400 | $19,400 | $19,400 |
South Prince George | $104,870 | $116,225 | $135,150 | $154,075 | $165,430 |
Stony Creek | $32,900 | $80,200 | $128,600 | $193,888 | $283,200 |
Sutherland | $90,150 | $135,725 | $186,400 | $261,475 | $375,940 |
Wilsons | $52,380 | $88,000 | $138,400 | $198,000 | $283,211 |
Source: Ownwell
Property Tax Bills Across Dinwiddie County, Virginia
In Dinwiddie County, VA, property tax bills are calculated based on the assessed value of a home, which is derived from the market value determined by local assessors. The tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $147,500, homeowners can expect varying tax bills depending on specific factors such as exemptions and local levies. The tax bill for homes in the 25th percentile is around $769, while those in the 75th percentile see bills closer to $1519. The highest tax bills, in the 90th percentile, can reach up to $2068. Comparatively, Sutherland has the highest median tax bill in the county at $1455, while South Chesterfield has the lowest at $153. These variations impact homeowners significantly, influencing decisions on property investments and financial planning. Understanding these factors helps homeowners anticipate their annual expenses and manage their budgets effectively.
Average Dinwiddie County Tax Bill
$1,142
Average Virginia Tax Bill
$2,608
Average United States Tax Bill
$2,690
Property Tax Bills Across Dinwiddie County, Virginia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blackstone | $278 | $567 | $946 | $1,433 | $2,013 |
Carson | $284 | $639 | $1,024 | $1,635 | $2,198 |
Church Road | $507 | $891 | $1,350 | $1,843 | $2,432 |
Dewitt | $306 | $657 | $1,023 | $1,493 | $1,996 |
Dinwiddie | $462 | $709 | $1,157 | $1,600 | $2,048 |
Ford | $307 | $604 | $912 | $1,375 | $2,061 |
Mc Kenney | $123 | $460 | $837 | $1,291 | $1,849 |
North Dinwiddie | $575 | $919 | $1,151 | $1,409 | $1,782 |
Petersburg | $173 | $394 | $1,023 | $1,402 | $2,031 |
South Chesterfield | $153 | $153 | $153 | $153 | $153 |
South Prince George | $828 | $918 | $1,068 | $1,217 | $1,307 |
Stony Creek | $258 | $619 | $997 | $1,461 | $1,997 |
Sutherland | $609 | $1,056 | $1,455 | $1,994 | $2,798 |
Wilsons | $360 | $649 | $1,019 | $1,514 | $1,893 |
Source: Ownwell