Property Taxes in South Chesterfield, Virginia
Median South Chesterfield, Virginia effective property tax rate: 0.91%, lower than the national median of 1.02%, and slightly higher than the Virginia state median of 0.90%.
Median South Chesterfield, Virginia home value: $233,700
Median annual South Chesterfield, Virginia tax bill: $2,066, lower than the national median property tax bill of $2,400.
How are property taxes in Chesterfield calculated?
Property taxes in South 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 South Chesterfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Chesterfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the South Chesterfield Property Tax Calculator Work?
Use this South Chesterfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies South 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 the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies South 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 South Chesterfield: rates range from $1,974.00 in 23803 to $2,252.00 in 23834, 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 South Chesterfield.
About South Chesterfield Property Taxes
About Property Taxes in South Chesterfield, Chesterfield, Virginia
South Chesterfield’s median effective property tax rate of 0.91% is higher 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 South Chesterfield. Homeowners in the 23803 ZIP code carry a median effective rate of 0.91%, while those in 23834 pay 0.91%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Chesterfield County. Understanding which part of South Chesterfield you live in can make a meaningful difference to your annual tax bill.
South 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 South 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 South 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 South Chesterfield, Chesterfield County, Virginia
Source: Ownwell
0.90%
0.90%
0.91%
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 South Chesterfield Tax Rate
0.91%
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 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 South Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | 0.90% | 0.90% | 0.91% | 0.91% | 0.92% |
| 23834 | 0.90% | 0.91% | 0.91% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across South Chesterfield, Chesterfield County, Virginia
When examining property taxes in South 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 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 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. The median home price in South Chesterfield is $233,700, with tax bills ranging significantly across the county. Zip code 23834 has the highest median home price at $262,600.
Property Tax Assessment Values Across South Chesterfield, Chesterfield County, Virginia
Source: Ownwell
$15,800
$293,250
$570,700
Median South Chesterfield Market Value
$233,700
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 South Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | $40,000 | $157,175 | $222,550 | $286,650 | $385,480 |
| 23834 | $75,640 | $198,400 | $262,600 | $354,400 | $440,320 |
Source: Ownwell
Property Tax Bills Across South Chesterfield, Chesterfield County, Virginia
Property tax bills in South Chesterfield are calculated by applying the local tax rate to a home's assessed market value. The assessed value is based on what the property is worth, not what the owner paid for it, and it can change when the market changes or when improvements are made. For a home with a median home price of $233,700, the tax bill will depend on the assessed value, the local rate, and any exemptions or credits that apply.
Homeowners in Chesterfield should expect bills that vary widely from one property to another. The 25th percentile tax bill is $1,352, while the 75th percentile is $2,811 and the 90th percentile reaches $3,659. That range shows how location, home value, and assessment differences can affect what a homeowner owes each year. The highest median tax bill is $2,252 in ZIP code 23834, while the lowest median tax bill is $1,974 in ZIP code 23803.
Property Tax Bills Across South Chesterfield, Chesterfield County, Virginia
Source: Ownwell
$148
$2,665
$5,181
Median South Chesterfield Tax Bill
$2,066
Median Chesterfield County Tax Bill
$2,942
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across South Chesterfield, Chesterfield County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23803 | $109 | $1,242 | $1,974 | $2,544 | $3,409 |
| 23834 | $67 | $1,683 | $2,252 | $3,124 | $3,867 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 15 |
Links | |
|---|---|
| Chesterfield Tax Assessor | |
| Website | www.chesterfield.gov |