Property Taxes in North Chesterfield, Virginia
Median North Chesterfield, Virginia effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median North Chesterfield, Virginia home value: $288,600
Median annual North Chesterfield, Virginia tax bill: $2,584, $184 higher than the national median property tax bill of $2,400.
How are property taxes in Chesterfield calculated?
Property taxes in North Chesterfield, 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 North Chesterfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Chesterfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the North Chesterfield Property Tax Calculator Work?
Use this North Chesterfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies North Chesterfield's median effective tax rate of 0.91% — based on actual property records in Chesterfield 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 North Chesterfield'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 North Chesterfield: rates range from $2,065.00 in 23224 to $2,872.00 in 23236, 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 North Chesterfield.
About North Chesterfield Property Taxes
About Property Taxes in North Chesterfield, Chesterfield, Virginia
North Chesterfield’s median effective property tax rate of 0.91% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Chesterfield 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 North Chesterfield. Homeowners in the 23225 ZIP code carry a median effective rate of 0.91%, while those in 23224 pay 0.90%. This spread reflects how school district boundaries and local assessment districts are drawn across Chesterfield County. Understanding which part of North Chesterfield you live in can make a meaningful difference to your annual tax bill.
North Chesterfield homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 15, 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 North Chesterfield, Chesterfield 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 North Chesterfield's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Property Tax Rates Across North Chesterfield, Chesterfield County, Virginia
Source: Ownwell
0.90%
0.90%
0.91%
Our median effective property tax rate (tax bill Ă· 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 North Chesterfield Tax Rate
0.91%
Our median effective property tax rate (tax bill Ă· 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 Chesterfield County Tax Rate
0.91%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across North Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23224 | 0.90% | 0.90% | 0.90% | 0.91% | 0.91% |
| 23225 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
| 23234 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
| 23235 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
| 23236 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
| 23237 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across North Chesterfield, Chesterfield County, Virginia
When examining property taxes in North Chesterfield, 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 Chesterfield County assessment office 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 Chesterfield County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 North Chesterfield is $288,600, with tax bills ranging significantly across the county. ZIP code 23236 has the highest median home price at $319,900.
North Chesterfield’s median property tax bill is $2,584, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across North Chesterfield, Chesterfield County, Virginia
Source: Ownwell
$15,800
$293,250
$570,700
Median North Chesterfield Market Value
$288,600
Median Chesterfield County Market Value
$330,600
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across North Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23224 | $185,940 | $210,000 | $229,100 | $257,600 | $289,900 |
| 23225 | $96,450 | $194,750 | $257,250 | $344,600 | $426,600 |
| 23234 | $163,600 | $221,300 | $268,200 | $321,200 | $376,800 |
| 23235 | $179,260 | $260,900 | $315,350 | $376,500 | $441,770 |
| 23236 | $224,700 | $270,700 | $319,900 | $379,375 | $468,580 |
| 23237 | $54,000 | $215,400 | $257,000 | $311,600 | $369,060 |
Source: Ownwell
Property Tax Bills Across North Chesterfield, Chesterfield County, Virginia
Property tax bills in North Chesterfield are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. For a home with a median price of $288,600, the tax bill can vary widely depending on location and assessment details.
In this area, the 25th percentile tax bill is $2,067, while the 75th percentile tax bill is $3,143. The 90th percentile reaches $3,767, showing how much bills can differ even within the same city. The highest median tax bill is $2,872 in ZIP code 23236, compared with the lowest median tax bill of $2,065 in ZIP code 23224. For homeowners, this means property taxes can have a meaningful impact on monthly housing costs and long-term affordability, especially when assessments rise faster than expected.
Property Tax Bills Across North Chesterfield, Chesterfield County, Virginia
Source: Ownwell
$148
$2,665
$5,181
Median North Chesterfield Tax Bill
$2,584
Median Chesterfield County Tax Bill
$2,942
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across North Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23224 | $1,477 | $1,844 | $2,065 | $2,322 | $2,624 |
| 23225 | $497 | $1,711 | $2,283 | $2,937 | $3,781 |
| 23234 | $720 | $1,930 | $2,383 | $2,872 | $3,370 |
| 23235 | $1,476 | $2,322 | $2,846 | $3,410 | $3,996 |
| 23236 | $1,898 | $2,416 | $2,872 | $3,418 | $4,227 |
| 23237 | $127 | $1,880 | $2,304 | $2,791 | $3,299 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Chesterfield Tax Assessor | |
| Website | www.chesterfield.gov |