Chesterfield County, Virginia property tax
The median homeowner in Chesterfield County, Virginia pays $2,636 a year in property tax on a home worth $336,700, an effective rate of 0.78%. The national effective rate is 0.98%.
What the rate means here
At 0.78%, Chesterfield County taxes property more lightly than the national 0.98%. That puts the median bill at $2,636. Rates this low usually mean the state, rather than the county, carries more of the school funding.
It ranks #31 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,522 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.
The median home costs 3.4 times the median household income of $98,910, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. At 371,610 residents the county is large enough that its median blends several distinct housing markets.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Chesterfield County | Virginia | United States | |
|---|---|---|---|
| Effective property tax | 0.78% | 0.74% | 0.98% |
| Median tax bill | $2,636 | $2,686 | $2,969 |
| Median home value | $336,700 | $360,700 | $303,400 |
| Median gross rent | $1,542 | $1,514 | $1,348 |
| Median household income | $98,910 | $90,974 | $78,538 |
| Home price to income | 3.4× | 3.96× | 3.86× |
| Rent as share of income | 18.71% | 19.97% | 20.6% |
| Owner-occupied | 77.3% | 67.18% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 371,610.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Henrico County | 0.72% | $2,416 | $333,600 |
| Loudoun County | 0.88% | $6,186 | $701,000 |
| Virginia Beach city | 0.80% | $2,929 | $366,300 |
| Prince William County | 0.98% | $4,910 | $500,600 |
| Chesapeake city | 0.82% | $2,937 | $359,100 |
Chesterfield County property tax: common questions
What is the property tax rate in Chesterfield County, Virginia?
The effective rate is 0.78% of home value, from a median tax bill of $2,636 against a median home value of $336,700. That is 0.2 points below the national 0.98%.
How much is property tax on a $400,000 home in Chesterfield County?
Roughly $3,120 a year at the county effective rate of 0.78%.
Is Chesterfield County expensive compared with the rest of Virginia?
It ranks #31 of 129 Virginia counties by effective property tax rate, and #1522 of 2,826 nationally. That is 0.04 points above the Virginia average of 0.74%.
What does housing cost in Chesterfield County?
The median home is worth $336,700 and median gross rent is $1,542 a month. Median household income is $98,910, which puts the home at 3.4 times annual income and rent at 18.71% of it.