23456 Property Tax Rate

Property owners in ZIP code 23456 (Virginia Beach, Virginia) pay a median of $3,622/year in property taxes on homes valued at $455,500. This translates to an effective tax rate of 0.80%, which is 18% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23456 is approximately $302, which factors into escrow payments on mortgages. This ZIP code is located within Virginia Beach city. This is $1,379 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23456 has lower property taxes. ZIP codes with similar effective rates include 23321 (0.79%) and 23113 (0.80%).

In Virginia Beach, property taxes represent approximately 2.8% of the median household income of $128,403, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Virginia Beach city assessments are locally set and do not change at sale; however, the city's higher property values may yield significant tax bills. Virginia Beach offers a Circuit Breaker tax relief program for seniors (65+) and disabled homeowners with qualifying income — apply to the Virginia Beach Assessor's office to determine eligibility. Request your assessment from the Virginia Beach Assessor and file an appeal within 30 days if you believe the valuation is incorrect.