Portsmouth County, Virginia Property Taxes
Property Taxes in Portsmouth County, Virginia
Median Portsmouth County effective property tax rate: 1.23%, significantly higher than the national median of 1.02%.
Median Portsmouth County home value: $224,120
Median annual Portsmouth County tax bill: $2,758, higher than the national median property tax bill of $2,400.
How are property taxes in Portsmouth County calculated?
Property taxes in Portsmouth County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Portsmouth or another part of Portsmouth County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Portsmouth County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.23%
Estimate Property Tax Bill
$2,757
$2,558
How Does the Portsmouth County Property Tax Calculator Work?
Use this Portsmouth County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Portsmouth County's median effective tax rate of 1.23% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Portsmouth County's median property tax bill is $2,758, which is $358 higher than the state median and above the national median property tax rate of 1.02% and national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Portsmouth County.
Property Tax Rates Across Portsmouth County, Virginia
What Are Effective Property Tax Rates Across Portsmouth County?
Local government entities set tax rates, which vary widely across Portsmouth County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Portsmouth County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Portsmouth County's median effective rate stands at 1.23%, which is higher than the national median of 1.02%. Within Portsmouth County, the highest rate is found in Portsmouth at 1.23%, while Portsmouth has the lowest at 1.23%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Portsmouth County Tax Rate
1.23%
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 Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Portsmouth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Portsmouth | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Portsmouth County, Virginia
When examining property taxes in Portsmouth, 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 Portsmouth 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 Portsmouth, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of March.
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 tax bill in Portsmouth is $2,758, which is above the national median property tax bill of $2,400 and reflects a local tax burden that can vary widely across the city. Portsmouth also has a median home price of $224,120.
Property Tax Assessment Values Across Portsmouth County, Virginia
Source: Ownwell
$188,945
$233,273
$277,600
Median Portsmouth County Market Value
$224,120
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Portsmouth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Portsmouth | $136,434 | $177,525 | $224,120 | $283,480 | $340,694 |
Source: Ownwell
Property Tax Bills Across Portsmouth County, Virginia
Property tax bills in Portsmouth are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the bill depends on both what a home is worth and how local taxing authorities set rates for schools, county services, and other public needs.
With a median home price of $224,120, the typical median tax bill in Portsmouth is $2,758.00. That is above the national median property tax bill of $2,400, showing that many homeowners in the county pay more than the U.S. median. Bills can vary widely across properties, with the 25th percentile at $2,186, the 75th percentile at $3,488, and the 90th percentile at $4,191.
For homeowners, this means property taxes can be a significant part of annual housing costs, especially when market values rise.
Median Portsmouth County Tax Bill
$2,758
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Portsmouth County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Portsmouth | $1,667 | $2,186 | $2,758 | $3,488 | $4,191 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Portsmouth Tax Assessor | |
| Website | data.portsmouthva.gov |