Property Tax & Income in Virginia Beach city, Virginia
Virginia Beach city has an effective property tax rate of 0.80%. On the median home value of $382,500, that's roughly $3,061 per year. Median household income is $92,968.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Virginia Beach city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.80% | 0.60% |
| Median home value1 | $382,500 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Virginia Beach city, VA
In Virginia Beach city, Virginia, the median home value of $382,500 generates an annual real-estate tax bill of about $3,061 at the local effective rate of 0.800%. Against a median household income of $92,968, that bill absorbs roughly 3.3 cents of every dollar a household earns. Per-capita income stands at $48,736, so the tax load looks heavier when measured against individual earnings rather than combined household earnings. Virginia's statewide median effective rate is 0.601%, and this county's 0.800% sits above it, ranking 28th of 133 counties statewide. The national median effective rate is 0.794%, so Virginia Beach city lands just above the country as a whole. Virginia Beach is the principal city here, and its homeowners face a property tax share of income that reflects both the area's substantial home values and its comparatively strong household earnings.