23325 Property Tax Rate

Property owners in ZIP code 23325 (Chesapeake, Virginia) pay a median of $2,176/year in property taxes on homes valued at $262,600. This translates to an effective tax rate of 0.83%, which is 23% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23325 is approximately $181, which factors into escrow payments on mortgages. This ZIP code is located within Chesapeake city.

Compared to similar ZIP codes in Virginia, 23325 has higher property taxes. ZIP codes with similar effective rates include 20137 (0.83%) and 23840 (0.83%).

In Chesapeake, property taxes represent approximately 3.0% of the median household income of $73,666, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Chesapeake city assessments are locally set and do not reset upon property transfer. Chesapeake offers a Circuit Breaker exemption for seniors (65+) and disabled residents with limited income, providing meaningful tax relief — apply directly to the Chesapeake Assessor's office. Request your assessment from the Chesapeake Assessor and file a formal appeal within 30 days of the assessment notice if the value does not reflect current market conditions.