Virginia Beach, Virginia Beach County, Virginia Property Taxes

Name: Property Tax Bills Across Virginia Beach, Virginia Beach County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Virginia Beach, VA effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but higher than the Virginia state median of 0.89%.
Median Virginia Beach, VA home value: $325,700
Median annual Virginia Beach, VA tax bill: $3,227, $827 higher than the national median property tax bill of $2,400.

How are property taxes in Virginia Beach calculated?

Property taxes in Virginia Beach, VA 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 Virginia Beach’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Virginia Beach, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Virginia Beach, Virginia Beach County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$3,362

$3,120

Ownwell’s Virginia Beach Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Virginia Beach with just two data points. By entering your property's estimated assessed value, our calculator applies Virginia Beach’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Virginia Beach. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Virginia Beach, Virginia Beach County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 Virginia Beach’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Virginia Beach boasts a median property tax rate of 0.99%, which is slightly below the national median property tax rate of 1.02%. This rate is consistent across the area, with no significant variation between different zip codes. The property tax bill in Virginia Beach is also generally lower than the national median, providing a financial advantage to property owners in the area. This competitive tax rate can make a significant difference for homeowners, potentially saving them hundreds of dollars annually compared to the national average.

Property Tax Rates Across Virginia Beach, Virginia Beach County, Virginia

Source: Ownwell

0.97%

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 Beach Tax Rate

0.97%

Median Effective Virginia Beach County Tax Rate

0.97%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Virginia Beach, Virginia Beach County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23451	0.97%	0.97%	0.97%	0.97%	0.97%
23452	0.97%	0.97%	0.97%	0.97%	0.97%
23453	0.97%	0.97%	0.97%	0.97%	0.97%
23454	0.97%	0.97%	0.97%	0.97%	0.97%
23455	0.97%	0.97%	0.97%	0.97%	0.97%
23456	0.97%	0.97%	0.97%	0.97%	0.97%
23457	0.97%	0.97%	0.97%	0.97%	0.97%
23462	0.97%	0.97%	0.97%	0.97%	0.97%
23464	0.97%	0.97%	0.97%	0.97%	0.97%
23459	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Virginia Beach, Virginia Beach County, Virginia

When examining property taxes in Virginia Beach, VA, 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 Virginia Beach 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 Virginia Beach County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Virginia Beach. For example, the median home price in Virginia Beach is $325,700, with tax bills ranging significantly across the county. Zip code 23451 has the highest median home price at $503,100.

Property Tax Assessment Values Across Virginia Beach, Virginia Beach County, Virginia

Source: Ownwell

$260,600

$408,400

$556,200

Median Virginia Beach Market Value

$346,600

Median Virginia Beach County Market Value

$346,500

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Virginia Beach, Virginia Beach County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23451	$232,200	$349,750	$556,200	$881,450	$1,315,880
23452	$211,040	$249,400	$300,700	$392,200	$651,180
23453	$189,600	$226,800	$302,800	$399,225	$489,410
23454	$215,600	$272,200	$377,200	$505,800	$756,800
23455	$223,400	$268,000	$363,800	$527,200	$718,100
23456	$299,200	$365,600	$461,400	$610,200	$862,600
23457	$257,200	$350,150	$487,700	$645,700	$797,600
23462	$179,100	$215,100	$260,600	$315,700	$368,100
23464	$222,040	$277,800	$332,600	$389,400	$453,200
23459	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Virginia Beach, Virginia Beach County, Virginia

In Virginia Beach, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Virginia Beach is $325,700, which influences the tax bill amount. With a tax bill 25th percentile at $2,437 and the 75th percentile at $4,489, Virginia Beach's property tax bills can vary widely. For comparison, the national median property tax bill is $2,400, highlighting that Virginia Beach's tax bills can be significantly higher. Factors such as neighborhood, home size, and market conditions all play a role in the assessed value, directly impacting the tax bill. Ownwell can assist homeowners by providing expert property tax appeal services, helping to evaluate and potentially lower assessed values. By leveraging Ownwell's expertise, homeowners can potentially save significantly on their property tax bills, ensuring they only pay what is fair and accurate.

Property Tax Bills Across Virginia Beach, Virginia Beach County, Virginia

Source: Ownwell

$2,505

$3,939

$5,372

Median Virginia Beach Tax Bill

$3,337

Median Virginia Beach County Tax Bill

$3,336

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Virginia Beach, Virginia Beach County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23451	$2,229	$3,312	$5,372	$8,571	$12,813
23452	$2,008	$2,400	$2,913	$3,828	$6,428
23453	$1,805	$2,154	$2,892	$3,792	$4,710
23454	$2,073	$2,616	$3,636	$4,914	$7,397
23455	$2,135	$2,587	$3,533	$5,136	$7,030
23456	$2,866	$3,488	$4,442	$5,923	$8,434
23457	$2,352	$3,323	$4,618	$6,085	$7,588
23462	$1,682	$2,067	$2,505	$3,049	$3,570
23464	$2,104	$2,637	$3,200	$3,755	$4,372
23459	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links