Chesapeake, Chesapeake County, Virginia Property Taxes
Property Taxes in Chesapeake, Virginia
Median Chesapeake, Virginia effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median Chesapeake, Virginia home value: $357,000
Median annual Chesapeake, Virginia tax bill: $3,393, $993 higher than the national median property tax bill of $2,400.
How are property taxes in Chesapeake calculated?
Property taxes in Chesapeake, 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 Chesapeake's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chesapeake, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Chesapeake, Chesapeake County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$3,392
$3,147
How Does the Chesapeake Property Tax Calculator Work?
Use this Chesapeake property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chesapeake's median effective tax rate of 0.95% — based on actual property records in Chesapeake County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Chesapeake'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 Chesapeake: median tax bills range from $2,124.00 in 23324 to $4,400.00 in 23322, primarily due to differences in school district levies and local assessment districts. Chesapeake's median effective tax rate is lower than the 1.02% national median property tax rate, and the median tax bill of $3,393 is higher than the $2,400 national median by $993.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Chesapeake.
About Chesapeake Property Taxes
About Property Taxes in Chesapeake, Chesapeake, Virginia
Chesapeake’s median effective property tax rate of 0.95% is lower than the Virginia state median of 0.90% and higher than the national median of 1.02%. This rate reflects the Chesapeake County 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 Chesapeake. Homeowners in the 23323 ZIP code carry a median effective rate of 0.96%, while those in 23324 pay 0.92%. This spread — 0.04 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Chesapeake County. Understanding which part of Chesapeake you live in can make a meaningful difference to your annual tax bill.
Chesapeake homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
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 Chesapeake, Chesapeake 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 Chesapeake'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 Chesapeake Tax Rate
0.95%
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 Chesapeake County Tax Rate
0.95%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chesapeake, Chesapeake County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23320 | 0.90% | 0.92% | 0.95% | 0.97% | 1.00% |
| 23321 | 0.87% | 0.92% | 0.95% | 0.97% | 0.99% |
| 23322 | 0.91% | 0.94% | 0.96% | 0.98% | 1.00% |
| 23323 | 0.92% | 0.94% | 0.96% | 0.98% | 1.00% |
| 23324 | 0.86% | 0.90% | 0.92% | 0.95% | 0.97% |
| 23325 | 0.87% | 0.92% | 0.94% | 0.95% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Chesapeake, Chesapeake County, Virginia
When examining property taxes in Chesapeake, 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. The Chesapeake County appraisal district 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 Chesapeake County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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. For example, the median home price in Chesapeake is $357,000, with tax bills ranging significantly across the county. ZIP code 23322 has the highest median home price at $460,800.
Property Tax Assessment Values Across Chesapeake, Chesapeake County, Virginia
Source: Ownwell
$232,200
$346,500
$460,800
Median Chesapeake Market Value
$357,000
Median Chesapeake County Market Value
$357,100
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chesapeake, Chesapeake County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23320 | $212,500 | $248,100 | $332,800 | $436,150 | $563,400 |
| 23321 | $210,800 | $273,200 | $342,900 | $448,800 | $534,190 |
| 23322 | $299,600 | $381,400 | $460,800 | $570,400 | $686,100 |
| 23323 | $239,900 | $285,600 | $362,900 | $474,100 | $561,000 |
| 23324 | $163,900 | $194,500 | $232,200 | $276,600 | $328,020 |
| 23325 | $201,900 | $226,500 | $267,950 | $325,675 | $383,610 |
Source: Ownwell
Property Tax Bills Across Chesapeake, Chesapeake County, Virginia
Property tax bills in Chesapeake are based on the assessed value of a home and the local tax rate set by the city and county. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners in Chesapeake should expect their tax bill to reflect both the value of the home and the tax rate applied to that value.
The median home price in Chesapeake is $357,000, and property tax bills vary widely across the city. The 25th percentile tax bill is $2,442, while the 75th percentile is $4,520. At the high end, the 90th percentile reaches $5,668. ZIP code 23322 has the highest median tax bill at $4,400, compared with $2,124 in ZIP code 23324.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Chesapeake homeowners often face higher bills, making it especially important to understand how assessments affect annual costs.
Median Chesapeake Tax Bill
$3,393
Median Chesapeake County Tax Bill
$3,393
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Chesapeake, Chesapeake County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23320 | $1,914 | $2,312 | $3,129 | $4,162 | $5,470 |
| 23321 | $1,862 | $2,522 | $3,246 | $4,245 | $5,172 |
| 23322 | $2,694 | $3,634 | $4,400 | $5,464 | $6,516 |
| 23323 | $2,209 | $2,666 | $3,511 | $4,551 | $5,443 |
| 23324 | $1,429 | $1,744 | $2,124 | $2,564 | $3,055 |
| 23325 | $1,793 | $2,056 | $2,487 | $3,098 | $3,659 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Chesapeake Tax Assessor | |
| Website | chesapeake.civ.quest |