Property Tax in Chesterfield County
via TaxByCounty
Chesterfield slightly above national norm
Chesterfield's effective tax rate of 0.783% exceeds the national median of 0.72%, though it remains moderate compared to high-tax states. The median property tax of $2,636 nearly matches the national median of $2,690, despite Chesterfield homes being worth more at $336,700 versus the national median of $281,900.
Second-highest tax rate in Virginia
Chesterfield's 0.783% effective rate ranks among Virginia's steepest, trailing only a handful of cities and exceeding the state average of 0.671%. The median tax bill of $2,636 is 35% above Virginia's state median of $1,960.
Moderate burden in the Richmond region
Chesterfield's $2,636 median property tax is slightly lower than Chesapeake city's $2,937 but higher than rural neighbors like Cumberland County's $1,398. The county balances suburban growth with relatively competitive tax rates for the greater Richmond metro area.
Typical annual tax bill here
A homeowner with Chesterfield's median-valued property of $336,700 pays approximately $2,636 in annual property taxes. The tax remains consistent whether you carry a mortgage or own outright.
Reassessments could lower your bill
Chesterfield regularly reassesses properties, but many homeowners accept inflated valuations without challenge. A formal appeal—often free—can uncover assessment errors and potentially save you significant money each year.