Virginia Beach, VA variant. This is a Virginia Beach, VA-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Virginia Beach property tax runs about 0.74% of value - roughly $2,664/year on the $360,000 median home.
Property tax in Virginia Beach
Tax = assessed value × local rate. The 0.74% effective rate captures Virginia Beach's blend of county, city, and school levies.
On the $360,000 median home that's $2,664/year ($222/month), usually escrowed with your mortgage.
About Virginia Beach, VA
Virginia Beach applies Virginia state income and sales taxes.
Virginia Beach home prices are moderate for a coastal metro.
Virginia Beach's economy is anchored by the military and tourism, with a cost of living close to the national average.
Worked example: $360,000 home
$360,000 × 0.74% = $2,664/year. A $600,000 Virginia Beach home would owe about $4,440.
Quick reference
- Median home value: $360,000
- Median rent: $1,750/mo
- Median household income: $87,224
- Local sales tax: 6%
- Effective property tax rate: 0.74%
- Cost of living index: 102 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Virginia Beach?
About 0.74% of market value per year.
How much property tax on a median Virginia Beach home?
Roughly $2,664 per year.