Richmond, VA Tax Rates

Richmond City's real estate tax rate was $1.200 per $100 of assessed value for tax year 2025, per the Virginia DOT Local Tax Rates Survey. The general personal property tax rate was $3.700 per $100 (personal use vehicle rate may differ). The combined sales tax rate is 6.0% under the Central Virginia regional transportation district. Verify current adopted rates with the City of Richmond before making financial decisions.

Key Takeaways

  • Real estate tax rate: $1.200 per $100 of assessed value (tax year 2025 per Virginia DOT Local Tax Rates Survey). Verify the current adopted rate with the City of Richmond.
  • Vehicle personal property tax rate: $3.700 per $100 (general personal property rate, TY2025 per DOT survey). The Virginia DOT notes that vehicles may be classified as a separate class and taxed at a different rate. Confirm the current personal use vehicle rate with the City of Richmond Commissioner of the Revenue.
  • PPTRA state relief applies to qualifying personal use vehicles on the first $20,000 of assessed value. The annual relief percentage is set by the city and changes each year. Contact the City of Richmond Commissioner of the Revenue for the current-year rate.
  • Sales tax: 6.0%, the Central Virginia regional rate (4.3% state + 1.0% local + 0.7% Central Virginia transportation). Qualifying groceries: 1.0%.
  • Property and vehicle tax due dates: verify current dates with the City of Richmond. Due dates vary by locality in Virginia.

Richmond City Tax Rates - At a Glance

Richmond City Current Tax Rates Summary
Tax Type Rate Notes
Real Estate Tax $1.200 per $100 Tax year 2025 per Virginia DOT survey; assessed at 100% fair market value; verify current rate with City of Richmond
Vehicle Personal Property Tax $3.700 per $100 General personal property rate TY2025 per DOT survey; personal use vehicle rate may differ; PPTRA relief on first $20,000; verify current rate
Sales Tax 6.0% Central Virginia regional rate; qualifying groceries 1.0%

Real Estate Tax

Rate and Assessment

Richmond City's real estate tax rate was $1.200 per $100 of assessed value for tax year 2025, as reported in the Virginia Department of Transportation Local Tax Rates Survey. Richmond is Virginia's state capital and an independent city -- it is not part of any surrounding county and operates as a fully separate taxing jurisdiction. The real estate tax rate is set annually by Richmond City Council.

Richmond assesses real property at 100% of fair market value. The City of Richmond's Office of the Assessor of Real Estate conducts assessments. Property owners who disagree with their assessed value may appeal through Richmond's assessment appeals process.

Verification note: Rates are from the Virginia DOT Local Tax Rates Survey (tax year 2025). Verify the current adopted rate at rva.gov or by contacting the City of Richmond Commissioner of the Revenue before making financial decisions.

Exemptions and Relief Programs

Richmond City offers tax relief programs for qualifying senior citizens and disabled residents. 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 City of Richmond Commissioner of the Revenue for current eligibility thresholds and application procedures.

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

Vehicle Personal Property Tax

Rate and Assessment Method

Richmond City's general personal property tax rate was $3.700 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 (typically J.D. Power Clean Trade-In value) 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 Richmond may differ from the $3.700 general rate. Contact the City of Richmond 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. Richmond City 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.

PPTRA percentage pending official confirmation. Contact the City of Richmond Commissioner of the Revenue or visit rva.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 Richmond City is 6.0%. Richmond is within the Central Virginia regional transportation district, which adds a 0.7% regional levy on top of the 5.3% statewide base rate. This rate has been in effect since October 1, 2020, when the Central Virginia Transportation Authority levy took effect. Richmond shares this 6.0% rate with surrounding jurisdictions including Henrico County and Chesterfield County.

Richmond City Sales Tax Rate Breakdown
Component Rate
Virginia state rate 4.3%
Local rate 1.0%
Central Virginia regional transportation levy 0.7%
Combined rate 6.0%

Qualifying food and grocery items are subject to Virginia's reduced 1.0% state rate rather than the full 6.0% combined rate. Virginia localities do not set their own sales tax rates; the 6.0% Richmond rate is authorized by the Virginia General Assembly through Central Virginia Transportation Authority legislation.

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

Virginia Tax Tools

Virginia Car Tax Calculator

Estimate your annual vehicle personal property tax. Note: Richmond City rates should be confirmed directly with the city before use.

Live

Virginia Property Tax Calculator

Estimate your Richmond City annual real estate tax based on assessed value.

Live

Virginia Sales Tax Calculator

Estimate sales tax on purchases in City of Richmond at the 6.0% Central Virginia rate.

Live

Neighboring Virginia Jurisdictions

Richmond City is an independent city surrounded by Henrico County and Chesterfield County. As an independent city, Richmond is a separate taxing jurisdiction and is not part of any county.

For statewide context and a complete list of Virginia jurisdictions, see Virginia County Tax Rates.

Official Sources

  • City of Richmond - Official Website
    Official source for Richmond City real estate tax rates, vehicle personal property tax rates, PPTRA relief percentages, assessment methods, and payment schedules.
    rva.gov
  • Virginia DOT Local Tax Rates Survey TY2025
    Official statewide survey of real estate and personal property tax rates for all Virginia localities, compiled annually by the Virginia Department of Transportation.
    tax.virginia.gov/local-tax-rates
  • Virginia Department of Taxation - Retail Sales and Use Tax
    Official source for Virginia sales tax rates by region, including the Central Virginia transportation district rate.
    tax.virginia.gov/retail-sales-and-use-tax
  • Code of Virginia § 58.1-3524 - Personal Property Tax Relief Act (PPTRA)
    Statutory authority for Virginia's vehicle personal property tax relief program.
    law.lis.virginia.gov - PPTRA statutory reference
  • Code of Virginia § 58.1-3503 - Assessment of Personal Property
    Statutory authority for vehicle assessment methodology in Virginia.
    law.lis.virginia.gov - § 58.1-3503

Tax rates are sourced from the Virginia DOT Local Tax Rates Survey (tax year 2025) and the Virginia Department of Taxation. Rates change annually - verify current figures with the City of Richmond before making financial decisions. Data last verified: April 2026.

Frequently Asked Questions

What is the Richmond, VA property tax rate?

Richmond City's real estate tax rate was $1.200 per $100 of assessed value for tax year 2025 per the Virginia DOT Local Tax Rates Survey. The rate is set annually by Richmond City Council. Verify the current adopted rate at rva.gov.

What is the Richmond vehicle personal property tax rate?

Richmond City's general personal property rate was $3.700 per $100 of assessed value for tax year 2025 per the Virginia DOT survey. The personal use vehicle rate may differ because Virginia localities can classify vehicles as a separate property class with a different rate. PPTRA state relief applies to qualifying personal use vehicles on the first $20,000 of assessed value. Contact the City of Richmond Commissioner of the Revenue to confirm the current vehicle rate and PPTRA percentage.

What is the sales tax rate in Richmond, VA?

The combined sales tax rate in Richmond is 6.0%: 4.3% Virginia state rate + 1.0% local rate + 0.7% Central Virginia regional transportation district levy (effective October 1, 2020). Qualifying food and grocery items are subject to the reduced 1.0% Virginia state rate. The 6.0% rate is set by the Virginia General Assembly.

Is Richmond City its own taxing jurisdiction separate from Henrico County?

Yes. Richmond City is an independent city under Virginia law, which means it is a fully separate jurisdiction from any surrounding county. Richmond is not part of Henrico County or Chesterfield County even though those counties border Richmond on most sides. Richmond sets its own real estate and personal property tax rates independently of the surrounding counties.

How does PPTRA vehicle tax relief work in Richmond?

Virginia's Personal Property Tax Relief Act (PPTRA) provides partial state-funded relief on the first $20,000 of assessed value for qualifying personal use vehicles. Virginia distributes a fixed $950 million annual block grant among all localities. Richmond, as an independent city and Virginia's state capital, calculates its annual relief percentage by dividing the city's share of that grant by the total qualifying vehicle value in the city. The percentage changes each year as vehicle values and the vehicle pool change. Vehicle value above $20,000 receives no state relief and is taxed at the full $3.700 rate. Contact the City of Richmond Commissioner of the Revenue for the current year's confirmed PPTRA relief percentage.