Richmond city, Virginia
What is the property tax rate in Richmond city, Virginia?
Richmond city, Virginia has an effective property tax rate of 0.88% and a total tax burden of 11.78%, ranking #288 nationally. The median property tax paid is $2,721/year on a home valued at $308,300.
Source: US Census ACS, 2022
Ranked #288 nationally and #8 in Virginia for total tax burden.
Total Tax Burden
11.78%
National: 288th · State: 8th
Property Tax Rate
0.88%
National: 303rd · State: 24th
Income Tax Rate
5.318%
National: 382nd
Sales Tax Rate
5.75%
National: 2760th
Tax Burden Breakdown
Property Tax (39%)Income Tax (45%)Sales Tax (16%)
Median Income: $59,606
Median Home Value: $308,300
Median Property Tax: $2,721/yr
Population: 227,171