Dinwiddie, Dinwiddie County, Virginia Property Taxes

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

Median Dinwiddie, 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 Dinwiddie, VA home value: $150,994
Median annual Dinwiddie, VA tax bill: $1,157, $1,243 lower than the national median property tax bill of $2,400.

How are property taxes in Dinwiddie calculated?

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

Last Updated March 1, 2025

Dinwiddie, Dinwiddie County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$1,193

$1,107

Ownwell’s Dinwiddie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dinwiddie with just two data points. By entering your property's estimated assessed value, our calculator applies Dinwiddie’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dinwiddie, Dinwiddie County, Virginia

Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county annually estimates the budget required to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although the process involves votes and laws to set tax rates and budgets, this is the annual procedure in a nutshell.

In Dinwiddie, VA, the effective property tax rate is a notable point of comparison. The median property tax rate here is 0.79%, which is lower than the national median of 1.02%. This makes Dinwiddie an attractive option for property owners seeking lower tax burdens. When compared to other cities in Virginia, Dinwiddie's tax rate remains competitive, offering potential savings for homeowners. By understanding these rates, property owners can make informed decisions about where to purchase or invest. The differences in tax rates can significantly impact overall property expenses, making it crucial to consider these factors when evaluating real estate opportunities.

Property Tax Rates Across Dinwiddie, Dinwiddie County, Virginia

Source: Ownwell

0.79%

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 Dinwiddie Tax Rate

0.79%

Median Effective Dinwiddie County Tax Rate

0.79%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dinwiddie, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23841	0.79%	0.79%	0.79%	0.79%	0.79%

Source: Ownwell

Property Tax Assessment Values Across Dinwiddie, Dinwiddie County, Virginia

When examining property taxes in Dinwiddie, 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 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. In Dinwiddie County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Dinwiddie. For example, the median home price in Dinwiddie is $150,994, with tax bills ranging significantly across the county. Zip code 23841 has the highest median home price at $150,994.

Property Tax Assessment Values Across Dinwiddie, Dinwiddie County, Virginia

Source: Ownwell

$109,000

$147,700

$186,400

Median Dinwiddie Market Value

$150,994

Median Dinwiddie County Market Value

$147,500

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dinwiddie, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23841	$65,310	$91,900	$150,994	$208,925	$283,800

Source: Ownwell

Property Tax Bills Across Dinwiddie, Dinwiddie County, Virginia

In Dinwiddie, VA, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is generally a percentage of the property's market value, which is determined by the local assessor's office. Factors such as property size, location, and market conditions can influence the assessed value. The median property tax bill in Dinwiddie is $1,157, which is below the national median property tax bill of $2,400. This lower tax burden can be beneficial for homeowners, but understanding and managing property taxes is still crucial. Homeowners in Dinwiddie can potentially save on their property tax bills with the help of Ownwell. By providing expert property tax appeal and exemption services, Ownwell can identify discrepancies in property assessments and ensure homeowners are not overpaying. This can lead to significant savings and peace of mind, as homeowners are assured that their property taxes are fair and accurate.

Property Tax Bills Across Dinwiddie, Dinwiddie County, Virginia

Source: Ownwell

$788

$1,122

$1,455

Median Dinwiddie Tax Bill

$1,157

Median Dinwiddie County Tax Bill

$1,142

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Dinwiddie, Dinwiddie County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23841	$462	$709	$1,157	$1,600	$2,048

Source: Ownwell