Suffolk County, Virginia Property Taxes

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

Median Suffolk County effective property tax rate: 1.18%, significantly higher than the national median of 1.02%.
Median Suffolk County home value: $317,700
Median annual Suffolk County tax bill: $3,542, $1,142 higher than the national median property tax bill of $2,400.

How are property taxes in Suffolk County calculated?

Property taxes in Suffolk 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 Suffolk City or another part of Suffolk County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Suffolk County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$3,749

$3,479

Ownwell’s Suffolk County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Suffolk County with just two data points. By entering your property's estimated assessed value, our calculator applies Suffolk County’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 more 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 Suffolk County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Suffolk County, Virginia

Local government entities determine tax rates, and these can differ significantly within a state. The reason is that each county annually estimates the budget needed to provide services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is essentially the annual process.

In Suffolk County, VA, the effective property tax rate is 1.18%, which is higher than the national median property tax rate of 1.02%. The median property tax bill in Suffolk County is $518, which is significantly lower than the national median property tax bill of $2400. This illustrates that even though Suffolk County has a higher tax rate compared to the national average, the actual tax bill remains relatively low due to the assessed property values.

Comparing Suffolk County's effective property tax rate to other counties in Virginia or the U.S. median property tax rate can provide valuable insights for property owners. Understanding these differences can help in making informed decisions regarding property investments and appeals.

Property Tax Rates Across Suffolk County, Virginia

Source: Ownwell

1.15%

1.18%

1.20%

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 Suffolk County Tax Rate

1.18%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Suffolk County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Suffolk	1.07%	1.15%	1.18%	1.24%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Suffolk County, Virginia

When examining property taxes in Suffolk County, 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 Suffolk 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 Suffolk 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 Suffolk County.

For example, the median tax bill in Suffolk County is $3,542, with tax bills ranging significantly across the county. Suffolk has the highest median home price at $317,700.

Property Tax Assessment Values Across Suffolk County, Virginia

Source: Ownwell

$271,950

$367,175

$462,400

Median Suffolk County Market Value

$317,700

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Suffolk County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Suffolk	$126,000	$218,800	$317,700	$416,300	$522,200

Source: Ownwell

Property Tax Bills Across Suffolk County, Virginia

In Suffolk County, VA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by local tax assessors who evaluate the property’s market value. Homeowners in Suffolk can expect a median property tax bill that aligns closely with the national median, reflecting a balanced tax rate. The tax bill can vary significantly, with the 25th percentile at $2,328 and the 75th percentile reaching $4,712. For those in the 90th percentile, the tax bill can soar to $5,830. These figures highlight the variation in tax burdens depending on property value and location within the county. Suffolk's median tax bill is $3,542, which is higher than the national median property tax bill of $2,400, indicating a more substantial financial responsibility for homeowners. These taxes fund essential services such as education, public safety, and infrastructure, impacting the overall quality of life and property values in the area. Homeowners must budget for these taxes as part of their annual expenses.

Property Tax Bills Across Suffolk County, Virginia

Source: Ownwell

$3,133

$4,152

$5,171

Median Suffolk County Tax Bill

$3,542

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Suffolk County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Suffolk	$1,064	$2,328	$3,542	$4,712	$5,830

Source: Ownwell