Hopewell, Virginia Tax Rates

Hopewell Tax Rates - At a Glance

Hopewell Current Tax Rates Summary

Tax Type	Rate	Notes
Real Estate Tax	$1.170 per $100	Tax year 2025 per Virginia DOT survey; assessed at 100% fair market value; verify current adopted rate with the City of Hopewell
Vehicle Personal Property Tax	$3.500 per $100	General tangible personal property rate TY2025 per DOT survey; personal use vehicle rate may differ; PPTRA relief on first $20,000; verify current rate
Machinery and Tools	$3.100 per $100	TY2025 per DOT survey (business tangible personal property)
Sales Tax	5.3%	4.3% state + 1.0% local; qualifying groceries 1.0%; Central Virginia's 6.0% does not apply in the Tri-Cities

Real Estate Tax

Rate and Assessment

Hopewell's real estate tax rate was $1.170 per $100 of assessed value for tax year 2025, as reported in the Virginia Department of Taxation Local Tax Rates Survey. Hopewell is an independent city in the Tri-Cities area of the greater Richmond region, sitting at the confluence of the Appomattox and James Rivers about 20 miles southeast of Richmond, with a long history as an industrial and manufacturing center. The rate is set annually by Hopewell City Council. Under Code of Virginia § 58.1-3201, real estate is assessed at 100% of fair market value.

Verification note: The real estate rate is from the Virginia DOT Local Tax Rates Survey (tax year 2025). Rates are set annually and can change. Verify the current adopted rate at hopewellva.gov or by contacting the Hopewell Commissioner of the Revenue before making financial decisions.

Service Districts

Hopewell has no special service-district real estate levy in the Virginia DOT Table 5 for tax year 2025. The base $1.170/$100 rate applies to all real estate citywide, unlike neighboring Petersburg, which has a boundary-limited Service Charge Parcels district.

Independent City Status

Hopewell is an independent city - a county-equivalent jurisdiction in Virginia. It is not part of any county. If you live in Hopewell, your local property and vehicle taxes are set by the Hopewell city government, not by any county. Hopewell is one of the three Tri-Cities, alongside the neighboring cities of Petersburg and Colonial Heights, and it borders Prince George County and sits across the Appomattox and James Rivers from Chesterfield County. Each is a separate taxing authority that sets its own rates.

Exemptions and Relief Programs

Hopewell offers real estate tax relief for qualifying senior citizens and residents with disabilities. Disabled veterans who are 100% service-connected disabled may qualify for a full real estate tax exemption on their primary residence under Code of Virginia § 58.1-3219.5. Contact the Hopewell Commissioner of the Revenue for current eligibility thresholds and procedures.

Source: Virginia DOT Local Tax Rates Survey TY2025 (pdfplumber extraction, direct from source).

Vehicle Personal Property Tax

Rate and Assessment Method

Hopewell's general tangible personal property tax rate was $3.500 per $100 of assessed value for tax year 2025, as reported in the Virginia DOT Local Tax Rates Survey. Under Code of Virginia § 58.1-3503, localities assess vehicles using a recognized pricing guide as of January 1 of the tax year.

Important note on rate classification: The Virginia DOT Local Tax Rates Survey reports the general tangible personal property rate. The DOT survey explicitly states that "certain items of property, including vehicles, may be considered separate classifications and may be taxed at a different tax rate." The current personal use vehicle rate in Hopewell may differ from the $3.500 general rate. Contact the Hopewell Commissioner of the Revenue to confirm the rate that applies to your vehicle.

PPTRA Relief

Virginia's Personal Property Tax Relief Act (PPTRA), Code of Virginia § 58.1-3524, provides partial state-funded relief on the first $20,000 of assessed value for qualifying personal use vehicles. Virginia distributes a fixed annual block grant of $950 million among all localities. Hopewell calculates its annual PPTRA relief percentage based on its share of that grant and the total qualifying vehicle assessed value in the city. This percentage changes each year. For a deeper explanation of how PPTRA works, see our Virginia PPTRA explained guide.

PPTRA percentage pending official confirmation. Contact the Hopewell Commissioner of the Revenue or visit hopewellva.gov to confirm the current-year vehicle personal property tax rate and PPTRA relief percentage.

Rate source: Virginia DOT Local Tax Rates Survey TY2025 (pdfplumber extraction, direct from source).

Sales Tax

Rate and Composition

The combined sales tax rate in the City of Hopewell is 5.3%: the 4.3% Virginia state rate plus the 1.0% standard local rate. Hopewell does not levy an additional local sales tax. Per the current Virginia Tax sales tax rate table, Hopewell is in the 5.3% statewide-base group. This is a common point of confusion: the greater Richmond area belongs to the Central Virginia 6.0% sales tax region, but Hopewell and the Tri-Cities are not part of that region, so the 6.0% rate does not apply inside Hopewell. Hopewell sets its own tax status separate from neighboring Chesterfield County.

Hopewell Sales Tax Rate Breakdown

Component	Rate
Virginia state rate	4.3%
Standard local rate	1.0%
Combined rate	5.3%

Qualifying food and personal hygiene items are subject to Virginia's reduced 1.0% statewide rate. The applicable sales tax rate depends on where the sale occurs, not your city of residence.

Source: Virginia Department of Taxation - Retail Sales and Use Tax (tax.virginia.gov)