23662 Property Tax Rate

Property owners in ZIP code 23662 (Poquoson, Virginia) pay a median of $3,640/year in property taxes on homes valued at $403,000. This translates to an effective tax rate of 0.90%, which is 34% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23662 is approximately $303, which factors into escrow payments on mortgages. This ZIP code is located within Poquoson city. This is $1,397 more than the Virginia average of $2,243/year.

Compared to similar ZIP codes in Virginia, 23662 has lower property taxes. ZIP codes with similar effective rates include 23860 (0.90%) and 24635 (0.90%).

In Poquoson, property taxes represent approximately 3.0% of the median household income of $120,919, providing context for the relative tax burden on homeowners in this area.

Virginia has no state property tax — Poquoson city assessments are locally administered and carry no automatic change at property transfer. Poquoson residents age 65+ or those with disabilities may qualify for the Circuit Breaker program to lower tax bills if income is below the county threshold — contact the Poquoson Assessor for eligibility and application deadlines. Request a copy of your assessment from the Poquoson Assessor and file an appeal within 30 days if the valuation appears inflated.