Calculate using real Chesapeake data. Median home price: $340,000. Property tax rate: 0.9%.
The effective property tax rate in Chesapeake, VA is 0.9%. On the median home value of $340,000, that equals approximately $3,060 per year.
At the 0.9% effective rate, a $340,000 home in Chesapeake, VA would pay about $3,060 annually, or $255 per month.
The 0.9% rate in Chesapeake, VA is near the national average of roughly 1.1%.