What is the property tax rate in Portsmouth, VA?

Portsmouth has an estimated effective property tax rate of 1.07%. On a median home valued at $229,400, homeowners pay approximately $2,452 per year in property taxes.

How does Portsmouth compare to Portsmouth city?

Portsmouth's effective rate of 1.07% is 3% higher than the Portsmouth city average of 1.04%. The county-wide median annual tax is $2,557, while Portsmouth homeowners pay an estimated $2,452.

How much are property taxes in Portsmouth on a $300,000 home?

Based on Portsmouth's effective rate of 1.07%, property taxes on a $300,000 home would be approximately $3,210 per year, or about $268 per month.

Portsmouth Property Tax Rate

Portsmouth city, Virginia

1.07%effective rate

Portsmouth is located in Portsmouth city, Virginia. Homeowners in Portsmouth pay a median of $2,452 per year in property taxes on a home valued at $229,400, resulting in an effective tax rate of 1.07%. This is 3% higher than the Portsmouth city average of 1.04%.

Effective Tax Rate🏠

1.07%

vs 1.04% county avg

Est. Annual Tax💰

$2,452

Per year

Median Home Value📊

$229,400

2024 estimate

Population📍

97,299

Portsmouth, VA

How Portsmouth Compares

Portsmouth

1.07%

Portsmouth city Average

1.04%

Virginia Average

0.73%

National Average

0.92%

About Property Taxes in Portsmouth

Property taxes in Portsmouth are collected by Portsmouth city. Tax exemptions available to Portsmouth city residents — including homestead, senior, and disability exemptions — also apply to homeowners in Portsmouth. For detailed information on available exemptions and the county tax collector, see the Portsmouth city property tax page.

Property Tax Calculator

Estimate your annual property tax in Portsmouth

Home Value

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Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$3,210

$268/month · Rate: 1.07%

Portsmouth city Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

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Virginia Property Taxes

Statewide rates, all 133 counties, and exemptions.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.