Virginia · Richmond City · Local exemptions · Updated Oct 2026

Richmond City, VA property tax exemptions (2026)

The property tax breaks that are set or run locally in Richmond City, on top of Virginia’s statewide rules: what each is worth here, who qualifies, where to apply and the deadline.

What is different in Richmond City

In the City of Richmond, the Department of Finance runs the Older Adults and Persons with Disabilities (OAPD) program. Owners pick one of two options. The exemption covers 100% down to 25% of the tax, with household income up to $70,000 and financial worth up to $450,000. The freeze, under Ord. No. 2024-273, holds taxes at the prior year's assessment, with income up to $125,000 and worth up to $750,000. The final deadline is December 31; apply by September 30 so the relief shows on your next bill.

Apply at
City of Richmond Department of Finance – Real Estate Unit (OAPD Program)
Phone
804-646-7000 (RVA 311)
Local breaks
OAPD Real Estate Tax Exemption, OAPD Real Estate Tax Freeze
Tax year
2026

Where to apply in Richmond City

City of Richmond Department of Finance – Real Estate Unit (OAPD Program)

Phone
804-646-7000 (RVA 311)
Address
City Hall, 900 E. Broad Street, Room 103, Richmond, VA 23219
Official exemptions page

Local exemptions in Richmond City

Seniors

OAPD Real Estate Tax Exemption

Income $0-$30,000: 100% exemption; $30,001-$40,000: 75%; $40,001-$50,000: 50%; $50,001-$70,000: 25%.

Set by
city
Tax year
2026
Who qualifies
Age 65+ or 100% permanently and totally disabled as of Dec. 31 of the previous year; hold title and occupy as sole dwelling. Prior-year household gross income including Social Security up to $70,000 (first $10,000 of each resident relative's earnings excluded; bona fide caregiver income excluded). Financial worth of owner, spouse and co-owner up to $450,000 as of Dec. 31, excluding the home and up to one acre.
Income limit
$70,000 household income; $450,000 financial worth
How to apply
Mail or hand-deliver the OAPD application to the City Hall Real Estate Unit with 2025 W-2s/1099s, December 2025 and January 2026 bank statements, year-end investment statements and (under 65) proof of disability.
Deadline
December 31, 2026 (final); September 30 recommended so relief appears on the next bill.
Renewal
Application in year one, annual recertification in years two and three.

Source: official page

Senior freeze or deferral

OAPD Real Estate Tax Freeze

Freezes taxes to the prior year's assessment, with immediate benefit in the year you apply. You may choose the freeze or the exemption, not both.

Set by
city
Tax year
2026
Who qualifies
Age 65+ (per Ord. No. 2024-273), sole dwelling; household income up to $125,000; financial worth up to $750,000 excluding the home.
Income limit
$125,000 household income; $750,000 financial worth
How to apply
Same OAPD application to the Real Estate Unit.
Deadline
December 31, 2026 (September 30 recommended).
Renewal
As for the exemption.

Source: official page

State exemptions that also apply here

These breaks come from Virginia law. Their full rules, forms and deadlines are on the Virginia page.

All Virginia property tax exemptions

By group in Virginia: Seniors · Veterans · Disability · Surviving spouses

Savings estimate for Richmond City

Roughly what an exemption could save you a year: the value it takes off, times your tax rate.

Filled in when the exemption is a fixed dollar amount. You can change it.

Richmond City median effective rate: 0.90% (taxes paid as a share of home value). Use your own rate if you know it.

Enter a value and a tax rateChoose an exemption or type the value it takes off.

Median effective rate in Richmond City: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, county figures as published by Tax Foundation. It is a county-wide middle value; rates differ by town and school district.

An estimate, not a bill. Nothing you type here is sent anywhere.

Eligibility finder for Richmond City

Answer a few questions to see which property tax breaks may fit you. Nothing you type here is sent anywhere.

Leave empty if you'd rather not say.

Everyone in the home, before taxes. Optional: used only to compare with income limits.

Do you own and live in the home?Answer the first question to see results.

A first check, not a decision: only your county, city or town assessor decides. We read ages, ratings and income limits only where the official rule states them plainly; otherwise we show the rule for you to check.

Document checklist for Richmond City

Pick the breaks you plan to apply for. You get a checklist of forms, documents, steps and deadlines to print or keep on your phone.

The checklist asks for no personal details and nothing is sent to our server: the files are made on your device.

Exemptions to include

Questions about property tax exemptions in Richmond City

What property tax exemptions are there in Richmond City?

In the City of Richmond, the Department of Finance runs the Older Adults and Persons with Disabilities (OAPD) program. Owners pick one of two options. The exemption covers 100% down to 25% of the tax, with household income up to $70,000 and financial worth up to $450,000. The freeze, under Ord. No. 2024-273, holds taxes at the prior year's assessment, with income up to $125,000 and worth up to $750,000. The final deadline is December 31; apply by September 30 so the relief shows on your next bill. Local breaks here: OAPD Real Estate Tax Exemption; OAPD Real Estate Tax Freeze.

Where do I apply for a property tax exemption in Richmond City?

City of Richmond Department of Finance – Real Estate Unit (OAPD Program) Phone: 804-646-7000 (RVA 311) Address: City Hall, 900 E. Broad Street, Room 103, Richmond, VA 23219.

When is the deadline to apply in Richmond City?

OAPD Real Estate Tax Exemption: December 31, 2026 (final); September 30 recommended so relief appears on the next bill. OAPD Real Estate Tax Freeze: December 31, 2026 (September 30 recommended).

Is there an income limit for Richmond City’s local breaks?

OAPD Real Estate Tax Exemption: $70,000 household income; $450,000 financial worth. OAPD Real Estate Tax Freeze: $125,000 household income; $750,000 financial worth.

Do I have to reapply every year in Richmond City?

OAPD Real Estate Tax Exemption: Application in year one, annual recertification in years two and three. OAPD Real Estate Tax Freeze: As for the exemption.

Good to know in Richmond City

  • Applications can also be picked up at the East District Initiative, Southside Community Services Center, and the Office of Aging and Disability Services.

Think your assessed value is too high? See how to appeal in Richmond City.

Sources

Last checked: Oct 2026.