Chesterfield County Property Taxes

Chesterfield County, Virginia

Effective Tax Rate

0.00%

34.5% above state avg

Median Annual Tax

$0

$220/mo escrow

#102 of 133 counties in Virginia

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.78%

vs. Virginia Avg34.5% above
vs. National Avg2% below

At a Glance

Median Home Value

$336,700

State avg $278,065

Tax w/ Mortgage/yr

$2,636

$220/mo escrow

Tax w/o Mortgage/yr

$2,636

$220/mo

State Tax Rate Rank

#102

of 133 counties (1 = lowest)

Data Story

About Property Taxes in Chesterfield County, Virginia

Chesterfield slightly above national norm

Chesterfield's effective tax rate of 0.783% exceeds the national median of 0.72%, though it remains moderate compared to high-tax states. The median property tax of $2,636 nearly matches the national median of $2,690, despite Chesterfield homes being worth more at $336,700 versus the national median of $281,900.

Second-highest tax rate in Virginia

Chesterfield's 0.783% effective rate ranks among Virginia's steepest, trailing only a handful of cities and exceeding the state average of 0.671%. The median tax bill of $2,636 is 35% above Virginia's state median of $1,960.

Moderate burden in the Richmond region

Chesterfield's $2,636 median property tax is slightly lower than Chesapeake city's $2,937 but higher than rural neighbors like Cumberland County's $1,398. The county balances suburban growth with relatively competitive tax rates for the greater Richmond metro area.

Typical annual tax bill here

A homeowner with Chesterfield's median-valued property of $336,700 pays approximately $2,636 in annual property taxes. The tax remains consistent whether you carry a mortgage or own outright.

Reassessments could lower your bill

Chesterfield regularly reassesses properties, but many homeowners accept inflated valuations without challenge. A formal appeal—often free—can uncover assessment errors and potentially save you significant money each year.

How Chesterfield County Compares

Median Annual Property Tax

Chesterfield County$2,636
Virginia State Average$1,960
National Average$1,924

Chesterfield County

0.78%

Effective rate

Virginia Avg

0.70%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Chesterfield County, Virginia?
The effective property tax rate in Chesterfield County, Virginia is 0.78%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Chesterfield County?
The median annual property tax payment in Chesterfield County is $2,636. Homeowners with a mortgage pay a median of $2,636, while those without a mortgage pay $2,636.
How does Chesterfield County compare to the Virginia average?
Chesterfield County's effective tax rate of 0.78% is higher than the Virginia state average of 0.70%. The median annual property tax in Chesterfield County is $2,636, compared to the state average of $1,960.
What is the median home value in Chesterfield County, Virginia?
The median home value in Chesterfield County, Virginia is $336,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Chesterfield County property tax rate higher than the Virginia average?
Chesterfield County's effective property tax rate of 0.78% is higher than the Virginia average of 0.70%. This difference of 0.08% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Chesterfield County rank for property taxes in Virginia?
Chesterfield County ranks #102 out of 133 counties in Virginia by effective property tax rate (1 = lowest). With a rate of 0.78% and median annual tax of $2,636, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Virginia

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.