Property Taxes in Midlothian, Virginia
Median Midlothian, Virginia effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median Midlothian, Virginia home value: $740,000
Median annual Midlothian, Virginia tax bill: $8,880, $6,480 higher than the national median property tax bill of $2,400.
How are property taxes in Richmond city calculated?
Property taxes in Midlothian, Virginia 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 Midlothian's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midlothian, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Midlothian Property Tax Calculator Work?
Use this Midlothian property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Midlothian's median effective tax rate of 1.20% — based on actual property records in Richmond city — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Midlothian's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Midlothian: rates range from 1.20% in 23113 to 1.20% in 23113, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Midlothian.
About Midlothian Property Taxes
About Property Taxes in Midlothian, Richmond city, Virginia
Midlothian's median effective property tax rate of 1.20% is lower than the Virginia state median of 0.90% and higher than the national median of 1.02%. This rate reflects the Richmond city base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Midlothian. Homeowners in the 23113 ZIP code carry a median effective rate of 1.20%, while those in the lowest ZIP also pay 1.20%. This spread reflects how school district boundaries and local assessment districts are drawn across Richmond city. Understanding which part of Midlothian you live in can make a meaningful difference to your annual tax bill.
Midlothian homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before October 1, 2025.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Midlothian, Richmond City County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Midlothian's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
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 Midlothian Tax Rate
1.20%
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 Richmond City County Tax Rate
1.20%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Midlothian, Richmond City County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23113 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Midlothian, Richmond City County, Virginia
When examining property taxes in Midlothian, Virginia, 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. Richmond city 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.
Assessment notices:
In Richmond city, assessment notices are sent in September each year. They'll typically reach your mailbox by the middle of September.
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 Midlothian.
For example, the median home price in Midlothian is $740,000, with tax bills ranging significantly across the county. 23113 has the highest median home price at $740,000.
Property Tax Assessment Values Across Midlothian, Richmond City County, Virginia
Source: Ownwell
$186,000
$463,000
$740,000
Median Midlothian Market Value
$740,000
Median Richmond City County Market Value
$290,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Midlothian, Richmond City County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23113 | $413,300 | $630,000 | $740,000 | $899,000 | $1,097,900 |
Source: Ownwell
Property Tax Bills Across Midlothian, Richmond City County, Virginia
Property tax bills in Midlothian are based on the assessed value of a home and the local tax rate set by the county. For a $740,000 median home price, the bill can vary depending on how the property is valued and whether any exemptions apply. The tax bill is not tied to what a homeowner paid for the home alone, but to the assessed market value used by the taxing authority.
In Richmond city, property tax bills are substantial compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $7,560, while the 75th percentile is $10,788 and the 90th percentile reaches $13,175. The median tax bill in ZIP code 23113 is $8,880.
These bills affect homeowners by increasing annual housing costs and making it important to review assessments carefully. Even small changes in assessed value can have a meaningful impact on the amount owed each year.
Property Tax Bills Across Midlothian, Richmond City County, Virginia
Source: Ownwell
$2,232
$5,556
$8,880
Median Midlothian Tax Bill
$8,880
Median Richmond City County Tax Bill
$3,480
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Midlothian, Richmond City County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23113 | $4,960 | $7,560 | $8,880 | $10,788 | $13,175 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | October 1 |
Links | |
|---|---|
| Richmond City Tax Assessor | |
| Website | www.actdatascout.com |