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Updated 2025 Tax Year

Chesterfield County
Property Tax Guide

Everything you need to know about property taxes in Chesterfield County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
$0.89 per $100 of assessed value (varies by special taxing districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Chesterfield County, Virginia operates on a real property tax system that serves as a primary funding source for essential county services including schools, public safety, infrastructure, and parks. Property taxes in Chesterfield County are assessed annually based on fair market value, with the current tax rate set at $0.89 per $100 of assessed value for fiscal year 2025. This rate applies to both residential and commercial real estate properties throughout the county.

The effective tax burden for property owners can vary significantly based on location within Chesterfield County due to special taxing districts that may impose additional assessments for services like fire protection, library services, or infrastructure improvements. Property owners should verify their specific tax obligations by checking whether their property falls within any special assessment districts, as these can add to the base county rate and impact the total annual tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)DescriptionLevy Year
Base County Rate$0.89General county operations, schools, public safetyFY 2025
Special Fire DistrictsVariesAdditional assessment for fire protection services (location-dependent)FY 2025
Library DistrictsVariesEnhanced library services (select areas)FY 2025
Infrastructure DistrictsVariesRoad maintenance, utilities, community facilities (development-specific)FY 2025

Note: The base rate of $0.89 per $100 applies countywide for FY 2025. Additional special district assessments vary by location and require separate verification through the county assessor's office. Total effective rates typically range from $0.89 to $1.10+ per $100 depending on applicable district assessments.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Chesterfield County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Chesterfield County are triggered when there are changes in property ownership, completion of new construction, or significant property improvements that alter the assessed value during the tax year. These supplemental assessments ensure that property taxes reflect current ownership and property conditions rather than waiting for the next annual assessment cycle.

When a supplemental tax is issued, it represents the difference between the original annual tax and the recalculated tax based on the new assessment or ownership period. For example, if a newly constructed home is completed in January with an assessed value of $400,000, the owner would receive a supplemental tax bill for approximately $3,560 (($400,000 ÷ 100) × $0.89) covering the remaining portion of the fiscal year. The calculation is prorated based on the number of months remaining in the tax year from the trigger date.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Elderly/Disabled Tax Credit Applied: -$300 (requires application)
  • Net Taxable Value: $299,700
  • Annual Tax: ($299,700 ÷ 100) × $0.89 = $2,667
  • Monthly Escrow: $222

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Tax Credit Applied: -$500 (requires application)
  • Net Taxable Value: $599,500
  • Annual Tax: ($599,500 ÷ 100) × $0.89 = $5,336
  • Monthly Escrow: $445

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • No Credits Applied: $1,000,000
  • Net Taxable Value: $1,000,000
  • Annual Tax: ($1,000,000 ÷ 100) × $0.89 = $8,900
  • Monthly Escrow: $742

Note: All tax credits shown require annual application and income/eligibility verification. Credits reduce the final tax bill, not the assessed property value.

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Section 5

Escrow & Property Taxes

Most Chesterfield County property owners with mortgages have their property taxes collected through escrow accounts managed by their mortgage servicer. Lenders typically collect 1/12th of the estimated annual property tax bill with each monthly mortgage payment, holding these funds in escrow until the June 5th payment deadline. Property owners should review their escrow analysis annually to ensure adequate funding, especially after reassessments or when special district taxes apply.

The county mails tax bills directly to the property owner of record, even when taxes are paid through escrow. Property owners should provide copies of their tax bills to their mortgage servicer to verify accurate escrow calculations. If escrow payments fall short due to assessment increases or rate changes, lenders may require additional escrow payments or adjust future monthly collections to prevent shortfalls.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Chesterfield County? A: Property taxes for FY 2025 are due on June 5, 2024, as set by county ordinance. This deadline applies to the full annual tax bill.

Q: What tax credits are available and do I need to apply? A: Available tax credits include elderly/disabled homeowner credits, veteran disability credits, and homestead credits. All credits require annual application and are not automatically applied - you must file with the county assessor's office.

Q: How does the homestead credit work? A: The homestead credit limits annual assessment increases rather than reducing market value. It caps assessment growth to help manage tax bill increases for qualifying homeowners, but requires annual application and income verification.

Q: How often are properties reassessed in Chesterfield County? A: Properties are reassessed annually. Assessment notices are typically mailed in early spring, with appeal deadlines clearly noted on the notice.

Q: What are the penalties for late payment? A: Late payments incur interest charges and penalties. Contact the county treasurer's office for current penalty rates and payment options if you've missed the deadline.

Q: Can I pay my taxes online? A: Yes, Chesterfield County offers 24-hour online payment through the Citizen Portal, allowing multiple account payments in one transaction. Bank bill pay services are also accepted.

Q: How do special district taxes work? A: Special district taxes are additional assessments for enhanced services like fire protection or libraries. These vary by location and appear as separate line items on your tax bill.

Q: What if I disagree with my property assessment? A: You can appeal your assessment following the process and deadline specified on your assessment notice. Contact the county assessor's office for appeal forms and procedures.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Real Estate Assessments | Chesterfield County, VAchesterfield.gov
02
County
Countywide residential real estate assessments - 2025chesterfield.gov
03
County
Statement and Billing Information | Chesterfield County, VAchesterfield.gov
04
Tax Doc
Calendar • Property Tax Due Datechesterfield.gov
05
County
Calendar • Chesterfield County, VA • CivicEngagechesterfield.gov
06
State
Calendar • Personal Property Tax and First Half Real Estatechesterfield.gov
07
County
Exemption Program | Chesterfield County, VAchesterfield.gov
08
County
CHESTERFIELD COUNTY DEPARTMENT OF REAL ...chesterfield.gov
09
Chapter 2. Homestead Exemption of Householderlaw.lis.virginia.gov
10
County
Chesterfield County, VA | Official Websitechesterfield.gov
All sources verified as of 2025 Tax Year

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