23834 Property Tax Rate

Property owners in ZIP code 23834 (Colonial Heights, Virginia) pay a median of $2,052/year in property taxes on homes valued at $236,100. This translates to an effective tax rate of 0.87%, which is 29% above the Virginia state average of 0.67%.

The monthly property tax burden for a median-valued home in 23834 is approximately $171, which factors into escrow payments on mortgages. This ZIP code is located within Chesterfield County.

Compared to similar ZIP codes in Virginia, 23834 has lower property taxes. ZIP codes with similar effective rates include 20148 (0.87%) and 23607 (0.87%).

In Colonial Heights, property taxes represent approximately 2.5% of the median household income of $82,314, 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.