StateRates

Hampton city, Virginia property tax

The median homeowner in Hampton city, Virginia pays $2,259 a year in property tax on a home worth $234,100, an effective rate of 0.96%. The national effective rate is 0.98%.

Effective rate 0.96% #12 of 129 in Virginia
Median tax bill $2,259 per year
Median home value $234,100 owner-occupied
Median income $67,758 household

What the rate means here

Hampton city taxes property at 0.96%, within a rounding error of the national 0.98%. With the rate close to typical, the $2,259 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #12 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,136 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.45 times the median household income of $67,758, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. The county has 137,334 residents, which is small enough that the medians describe a reasonably coherent market.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,400 per year at 0.96%
$400,000 home $3,840 per year at 0.96%
$600,000 home $5,760 per year at 0.96%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Hampton city, Virginia against Virginia and the country
Hampton city Virginia United States
Effective property tax 0.96% 0.74% 0.98%
Median tax bill $2,259 $2,686 $2,969
Median home value $234,100 $360,700 $303,400
Median gross rent $1,346 $1,514 $1,348
Median household income $67,758 $90,974 $78,538
Home price to income 3.45× 3.96× 3.86×
Rent as share of income 23.84% 19.97% 20.6%
Owner-occupied 55.63% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 137,334.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Spotsylvania County 0.60% $2,263 $375,000
Alexandria city 0.99% $6,879 $696,800
Stafford County 0.72% $3,301 $458,800
Albemarle County 0.74% $3,482 $471,000
Hanover County 0.67% $2,506 $372,700

Hampton city property tax: common questions

What is the property tax rate in Hampton city, Virginia?

The effective rate is 0.96% of home value, from a median tax bill of $2,259 against a median home value of $234,100. That is 0.02 points below the national 0.98%.

How much is property tax on a $400,000 home in Hampton city?

Roughly $3,840 a year at the county effective rate of 0.96%.

Is Hampton city expensive compared with the rest of Virginia?

It ranks #12 of 129 Virginia counties by effective property tax rate, and #1136 of 2,826 nationally. That is 0.22 points above the Virginia average of 0.74%.

What does housing cost in Hampton city?

The median home is worth $234,100 and median gross rent is $1,346 a month. Median household income is $67,758, which puts the home at 3.45 times annual income and rent at 23.84% of it.