Virginia Beach County, Virginia Property Taxes

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

Median Virginia Beach County effective property tax rate: 0.99%, slightly lower than the national median of 1.02%.
Median Virginia Beach County home value: $325,600
Median annual Virginia Beach County tax bill: $3,227, $827 higher than the national median property tax bill of $2,400.

How are property taxes in Virginia Beach County calculated?

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

Last Updated March 1, 2025

Virginia Beach County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$3,223

$2,991

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

Property Tax Rates Across Virginia Beach County, Virginia

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that 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 the annual process in a nutshell.

Virginia Beach County's effective property tax rate is 0.99%, slightly below the national median of 1.02%. This rate is consistent across the city, making it both the highest and lowest within the county. Compared to the national median property tax bill of $2,400, property owners in Virginia Beach might find their bills more manageable, given the slightly lower rate. However, it's essential to remember that the actual tax bill also depends on the assessed value of properties. Whether you're a homeowner or prospective buyer, understanding these nuances can help you make informed decisions about property investments in Virginia Beach County.

Property Tax Rates Across Virginia Beach County, Virginia

Source: Ownwell

0.99%

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 County Tax Rate

0.99%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Virginia Beach County, Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Virginia Beach	0.99%	0.99%	0.99%	0.99%	0.99%

Source: Ownwell

Property Tax Assessment Values Across Virginia Beach County, Virginia

When examining property taxes in Virginia Beach 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 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 County. For example, the median tax bill in Virginia Beach County is $3,227, with tax bills ranging significantly across the county. Virginia Beach has the highest median home price at $325,700.

Property Tax Assessment Values Across Virginia Beach County, Virginia

Source: Ownwell

$242,700

$372,900

$503,100

Median Virginia Beach County Market Value

$325,600

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Virginia Beach County, Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Virginia Beach	$190,700	$245,800	$325,700	$453,100	$672,000

Source: Ownwell

Property Tax Bills Across Virginia Beach County, Virginia

In Virginia Beach, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Virginia Beach can expect a median property tax bill of $3,227, which is notably higher than the national median of $2,400. This is due to the area's relatively high median home price of $325,600. Property tax bills can vary significantly, with the 25th percentile at $2,437 and the 75th percentile reaching $4,489. At the 90th percentile, homeowners may face tax bills as high as $6,669. These taxes fund essential local services, including public schools, infrastructure, and emergency services. For homeowners, understanding how these factors influence their tax bill is crucial for financial planning, as property taxes can represent a significant portion of homeownership costs in Virginia Beach.

Property Tax Bills Across Virginia Beach County, Virginia

Source: Ownwell

$2,408

$3,692

$4,976

Median Virginia Beach County Tax Bill

$3,227

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Virginia Beach County, Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Virginia Beach	$1,901	$2,437	$3,227	$4,489	$6,669

Source: Ownwell