Portsmouth city Property Taxes
Portsmouth city, Virginia
Effective Tax Rate
0.00%
25.1% above state avgMedian Annual Tax
$0
$204/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.07%
At a Glance
Median Home Value
$229,400
State avg ▼ $278,065
Tax w/ Mortgage/yr
$2,429
$202/mo escrow
Tax w/o Mortgage/yr
$2,501
$208/mo
State Tax Rate Rank
#131
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Portsmouth city, Virginia
Portsmouth's property taxes: above the national norm
Portsmouth's effective tax rate of 1.069% exceeds the national median of 0.85%, placing it in the higher-taxing tier of American cities. The median property tax bill here is $2,452, slightly below the national median of $2,690, reflecting Portsmouth's lower median home value of $229,400 compared to the national $281,900.
Well above Virginia's average tax burden
At 1.069%, Portsmouth's effective tax rate is 59% higher than Virginia's state average of 0.671%. Among Virginia jurisdictions, Portsmouth ranks among the highest-taxing cities, where residents pay $2,452 annually versus the state median of $1,960.
Portsmouth leads the regional tax comparison
Portsmouth's 1.069% rate significantly outpaces nearby Virginia cities including Radford (0.703%) and neighboring counties. Only Prince William County (0.981%) approaches Portsmouth's burden in the broader region, making Portsmouth a notably tax-heavy jurisdiction for the Tidewater area.
Your annual Portsmouth property tax bill
On a median home valued at $229,400, Portsmouth homeowners pay approximately $2,452 per year in property taxes. Whether you have a mortgage or own outright, that translates to roughly $204 monthly, with slight variations depending on your financing status.
Your assessment might be too high
Many Portsmouth homeowners are overassessed relative to their property's actual market value. If your annual tax bill feels steep, you may qualify for a free assessment appeal to contest your valuation and reduce your burden.
How Portsmouth city Compares
Median Annual Property Tax
Portsmouth city
1.07%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Portsmouth city, Virginia?
How much are property taxes in Portsmouth city?
How does Portsmouth city compare to the Virginia average?
What is the median home value in Portsmouth city, Virginia?
Why is Portsmouth city property tax rate higher than the Virginia average?
How does Portsmouth city rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
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.