ZIP Code 23325

In ZIP code 23325, near Chesapeake, the median home value of $272,000 carries an effective property tax rate of 0.82%, which works out to roughly $2,230 a year in county taxes. Households earning a median of $69,909 can cover that bill with about 3.2% of their annual income, while per-capita earnings sit at $36,271. Combined with a 6.00% sales tax, the overall cost of living leans on sales purchases as well as property ownership. Buyers here face a housing market where values are substantial but the tax rate itself stays below one percent.