The median property tax in Virginia Beach City, Virginia is $2,235 per year for a home worth the median value of $277,400. Virginia Beach City collects, on average, 0.81% of a property's assessed fair market value as property tax.
Virginia Beach City has one of the highest median property taxes in the United States, and is ranked 349th of the 3143 counties in order of median property taxes.
The average yearly property tax paid by Virginia Beach City residents amounts to about 2.9% of their yearly income. Virginia Beach City is ranked 661st of the 3143 counties for property taxes as a percentage of median income.
You can use the Virginia property tax map to the left to compare Virginia Beach City's property tax to other counties in Virginia. Falls Church city collects the highest property tax in Virginia, levying an average of $6,005.00 (0.94% of median home value) yearly in property taxes, while Buchanan County has the lowest property tax in the state, collecting an average tax of $284.00 (0.46% of median home value) per year.
To compare Virginia Beach City with property tax rates in other states, see our map of property taxes by state.
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Because Virginia Beach City uses a complicated formula to determine the property tax owed on any individual property, it's not possible to condense it to a simple tax rate, like you could with an income or sales tax.
Instead, we provide property tax information based on the statistical median of all taxable properties in Virginia Beach City. The median property tax amount is based on the median Virginia Beach City property value of $277,400. You can use these numbers as a reliable benchmark for comparing Virginia Beach City's property taxes with property taxes in other areas.
Our data allows you to compare Virginia Beach City's property taxes by median property tax in dollars, median property tax as a percentage of home value, and median property tax as a percentage of the Virginia Beach City median household income.
Virginia Beach City Property TaxesMedian Property Tax | As Percentage Of Income | As Percentage Of Property Value |
$2,235 ± $32 (349th of 3143) | 2.9 ± 0.06% (661st of 3143) | 0.81 ± 0.01% (1501st of 3143) |
Note: This page provides general information about property taxes in Virginia Beach City. If you need specific tax information or property records about a property in Virginia Beach City, contact the Virginia Beach City Tax Assessor's Office.
While the exact property tax rate you will pay is set by the tax assessor on a property-by-property basis, you can use our Virginia Beach City property tax estimator tool to estimate your yearly property tax. Our property tax estimates are based on the median property tax levied on similar houses in the Virginia Beach City area.
Property taxes are managed on a county level by the local tax assessor's office. If you need to find out the exact amount of your property tax bill or find other specific information, you can contact the Virginia Beach City Tax Assessor .
Disclaimer: Please note that we can only estimate your Virginia Beach City property tax based on average property taxes in your area. Every locality uses a unique property tax assessment method. Your actual property tax burden will depend on the details and features of each individual property.
Virginia Beach City calculates the property tax due based on the fair market value of the home or property in question, as determined by the Virginia Beach City Property Tax Assessor. Each property is individually t each year, and any improvements or additions made to your property may increase its appraised value.
As a property owner, you have the right to appeal the property tax amount you are charged and request a reassessment if you believe that the value determined by the Virginia Beach City Tax Assessor's office is incorrect. To appeal the Virginia Beach City property tax, you must contact the Virginia Beach City Tax Assessor's Office.
Are You Paying Too Much Property Tax?Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.
We can check your property's current assessment against similar properties in Virginia Beach City and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.
Is your Virginia Beach City property overassessed?
You will be provided with a property tax appeal form, on which you will provide the tax assessor's current appraisal of your property as well as your proposed appraisal and a description of why you believe your appraisal is more accurate.
Previous appraisals, expert opinions, and appraisals for similar properties may be attached to the appeal as supporting documentation. If your appeal is successful, your property will be reassessed at a lower valuation and your Virginia Beach City property taxes will be lowered accordingly.
If your appeal is denied, you still have the option to re-appeal the decision. If no further administrative appeals can be made, you can appeal your Virginia Beach City tax assessment in court.
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The Virginia Beach City Tax Assessor is responsible for assessing the fair market value of properties within Virginia Beach City and determining the property tax rate that will apply. The Tax Assessor's office can also provide property tax history or property tax records for a property. These property tax records are excellent sources of information when buying a new property or appealing a recent appraisal.
Most county assessors' offices are located in or near the county courthouse or the local county administration building. You can look up the Virginia Beach City Assessor's contact information here (opens in external website).
Proceeds from the Virginia Beach City Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. Property tax income is almost always used for local projects and services, and does not go to the federal or state budget.
Unlike other taxes which are restricted to an individual, the Virginia Beach City Property Tax is levied directly on the property. Unpaid property tax can lead to a property tax lien, which remains attached to the property's title and is the responsibility of the current owner of the property. Tax liens are not affected by transferring or selling the property, or even filing for bankruptcy. Property tax delinquency can result in additional fees and interest, which are also attached to the property title.
In cases of extreme property tax delinquency, the Virginia Beach City Tax Board may seize the delinquent property and offer it for sale at a public tax foreclosure auction, often at a price well under market value. Proceeds of the sale first go to pay the property's tax lien, and additional proceeds may be remitted to the original owner.
For properties considered the primary residence of the taxpayer, a homestead exemption may exist. The Virginia Beach City Homestead Exemption can reduce the appraised valuation of a primary residence before calculating the property tax owed, resulting in a lower annual property tax rate for owner-occupied homes.
Getting a Homestead Exemption may also help protect your home from being repossessed in the case of a property tax lien due to unpaid Virginia Beach City property taxes or other types of other debt.
In most counties, you must specifically submit a homestead exemption application to your county tax assessor in order to enjoy the tax reduction and other benefits available. To get a copy of the Virginia Beach City Homestead Exemption Application, call the Virginia Beach City Assessor's Office and ask for details on the homestead exemption program. You can also ask about other exemptions that may exist for veterans, seniors, low-income families, or property used for certain purposes such as farmland or open space.
You can usually deduct 100% of your Virginia Beach City property taxes from your taxable income on your Federal Income Tax Return as an itemized deduction. Virginia may also let you deduct some or all of your Virginia Beach City property taxes on your Virginia income tax return.
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