Smithfield property tax: where it goes
A Smithfield house pays 0.97% of its taxable value in property tax. For a house at $374,900 of market value, that's about $3,637 a year.
Tax is levied on assessed value as set by the county Commissioner of the Revenue.
Who taxes this house
| Taxing agency | Rate | On $374,900 |
|---|---|---|
| Town of Smithfield | 0.16% | $600 |
| Isle of Wight County (includes county schools) | 0.81% | $3,037 |
| Total | 0.97% | $3,637 |
2026 tax year: Isle of Wight County rate and Town of Smithfield rate for July 1, 2026 through June 30, 2027.
Ways to pay less
- Seniors 65+ or totally disabled: county real estate tax relief. Isle of Wight County has a tax relief program for the elderly and disabled; applicants must own and occupy the property, and the owner on the tax bill must be at least 65 by June 30 of the preceding taxable year (no age limit for permanent and total disability). How: Call the Commissioner of the Revenue at 757-365-6218 to set an appointment; apply each year between January 1 and June 30.
Dates
| When | What |
|---|---|
| Jan 1 – Jun 30 each year | You must apply each year for real estate tax relief between January 1st and June 30th. |
| June 5 and December 5 | Isle of Wight County real estate tax installments are due. |
| June 7 | Town real estate tax payments are due by June 7th; the late-payment penalty on tax over $100.00 is 10%. |
Pay or manage it
Sources
- www.smithfieldva.gov Tax-Due-Dates-and-Information
- www.isleofwight.gov tax_rate.php
- www.isleofwight.gov real_estate_tax.php
- cdn-dominionenergy-prd-001.azureedge.net deferred-fuel-cost-charge-tariff.pdf?rev=e617a20e6
- cdn-dominionenergy-prd-001.azureedge.net consumption-tax.pdf?rev=964d9254139f42aca6d4a49e25
- www.isleofwight.gov tax_relief.php
Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.