23517 Property Tax Rate

Property owners in ZIP code 23517 (Norfolk, Virginia) pay a median of $3,423/year in property taxes on homes valued at $355,800. This translates to an effective tax rate of 0.96%, which is 43% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23517 is approximately $285, which factors into escrow payments on mortgages. This ZIP code is located within Norfolk city. This is $1,180 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23517 has higher property taxes. ZIP codes with similar effective rates include 23669 (0.96%) and 24216 (0.96%).

In Norfolk, property taxes represent approximately 5.4% of the median household income of $63,556, 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.