23831 Property Tax Rate
Chester, Virginia · Part of Chesterfield County
Effective Tax Rate
0.82%
9.2% above state avgMedian Annual Tax
$2,449
$204/mo escrow
Estimate Your Tax
Annual Tax
$2,449
Monthly
$204
Eff. Rate
0.82%
Buyer decision brief
What ZIP 23831 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$204/mo
Based on median annual tax paid
State context
0.14 percentage points above the Virginia average
Virginia average: 0.67%
Data confidence
High confidenceThe Census margin of error is $99, about 4% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Chesterfield County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 23831 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$99 tax MOE, 4% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Chesterfield County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 23831
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $300,200, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.82%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Virginia and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $204 per month before insurance, HOA dues, or special assessments.
Assessor verification
Chesterfield County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 23831 Compares
Median Annual Property Tax
ZIP 23831
0.82%
Effective rate
Virginia Avg
0.67%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Virginia
Higher than 77% of ZIP codes in Virginia(77th percentile, 779 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 23831
Property owners in ZIP code 23831 (Chester, Virginia) pay a median of $2,449/year in property taxes on homes valued at $300,200. This translates to an effective tax rate of 0.82%, which is 21% above the Virginia state average of 0.67%.
The monthly property tax burden for a median-valued home in 23831 is approximately $204, which factors into escrow payments on mortgages. This ZIP code is located within Chesterfield County. This is $206 more than the Virginia average of $2,243/year.
Compared to similar ZIP codes in Virginia, 23831 has lower property taxes. ZIP codes with similar effective rates include 23453 (0.82%) and 23454 (0.82%).
In Chester, property taxes represent approximately 2.7% of the median household income of $92,092, providing context for the relative tax burden on homeowners in this area.
Virginia has no state property tax — Chesterfield County assessments are set locally and do not reset at sale; however, the county's Land Use Taxation program can reduce taxes on agricultural or open-space property if you qualify. Chesterfield offers a Circuit Breaker tax relief program for elderly (65+) and disabled homeowners with limited income — contact the Chesterfield County Assessor's office to verify income thresholds and application deadlines. File any assessment appeal with the Chesterfield County Assessor within 30 days of receiving your assessment notice.
Frequently Asked Questions
What is the property tax rate in ZIP code 23831?
How much are property taxes in Chester, VA (23831)?
How does ZIP 23831 compare to the Virginia average?
What is the median home value in ZIP 23831?
What county is ZIP code 23831 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$99. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 23831 is part of Chesterfield County, Virginia. View the full county profile for broader context and more data.
View Chesterfield County on TaxByCounty →Explore Chester, VA
View all 2 ZIP codes in Chester with property tax comparisons.
View Chester Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 23831
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
23836
Chester, VA
0.08 percentage points lower than ZIP 23831.
Rate
0.74%
Tax
$2,496
Quality
96
23237
Richmond, VA
0.06 percentage points lower than ZIP 23831.
Rate
0.76%
Tax
$1,847
Quality
101
23112
Midlothian, VA
0.04 percentage points lower than ZIP 23831.
Rate
0.78%
Tax
$2,846
Quality
96
23832
Chesterfield, VA
0.04 percentage points lower than ZIP 23831.
Rate
0.78%
Tax
$2,601
Quality
96
23234
Richmond, VA
0.03 percentage points lower than ZIP 23831.
Rate
0.79%
Tax
$1,874
Quality
101
23113
Midlothian, VA
0.02 percentage points lower than ZIP 23831.
Rate
0.80%
Tax
$4,629
Quality
96
23838
Chesterfield, VA
0.01 percentage points lower than ZIP 23831.
Rate
0.80%
Tax
$3,458
Quality
96
23235
Richmond, VA
0.00 percentage points lower than ZIP 23831.
Rate
0.81%
Tax
$2,640
Quality
101
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.