23509 Property Tax Rate

Property owners in ZIP code 23509 (Norfolk, Virginia) pay a median of $2,433/year in property taxes on homes valued at $238,500. This translates to an effective tax rate of 1.02%, which is 51% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23509 is approximately $203, which factors into escrow payments on mortgages. This ZIP code is located within Norfolk city.

Compared to similar ZIP codes in Virginia, 23509 has lower property taxes. ZIP codes with similar effective rates include 22124 (1.02%) and 23507 (1.02%).

In Norfolk, property taxes represent approximately 3.4% of the median household income of $70,715, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Norfolk city's higher effective rate (1.05%) reflects local policy; assessments do not reset at purchase. Norfolk qualifies for the state Circuit Breaker program for seniors 65+ and disabled residents with limited income; apply to the Norfolk Assessor to reduce your annual property tax. File a formal appeal with the Norfolk Assessor within 30 days of receiving your assessment notice if the valuation appears overstated.