County data
Chesapeake city, VA Mortgage Calculator
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Chesapeake city at a glance
Median home value
$378,400
Property tax rate
0.82%
Virginia: 0.79% · U.S.: 1.05%
Median income
$95,373
Conforming loan limit
$832,750
Typical monthly cost of the median home
Principal and interest
$2,071
$302,720 loan at 7.28%, 30 years
Property tax
$259
0.82% of $378,400 a year
Together
$2,330
before insurance, HOA and PMI
Other large counties in Virginia
| County | Median home | Tax rate | Payment |
|---|---|---|---|
| Fairfax County | $732,800 | 0.99% | $4,616 |
| Prince William County | $530,100 | 0.94% | $3,317 |
| Virginia Beach city | $382,500 | 0.78% | $2,342 |
| Loudoun County | $743,800 | 0.86% | $4,604 |
| Chesterfield County | $366,000 | 0.76% | $2,235 |
| Henrico County | $359,200 | 0.70% | $2,176 |
| Arlington County | $895,000 | 0.90% | $5,570 |
| Norfolk city | $289,900 | 1.00% | $1,828 |
Frequently asked questions
What is the property tax rate in Chesapeake city, VA?
Homeowners with a mortgage in Chesapeake city pay a median of $3,086 a year in property tax on a median home value of $378,400, an effective rate of 0.82%. That is above the Virginia figure of 0.79% and below the U.S. median of 1.05%. It ranks 29 of 133 counties in Virginia for effective rate, highest first. Your own bill depends on the assessed value, the taxing districts and any exemptions.
How much is the monthly payment on a median-priced home in Chesapeake city?
On a $378,400 home with 20% down and a 30-year loan at 7.28% (the Freddie Mac weekly average), principal and interest is about $2,071 a month and property tax about $259, so roughly $2,330 before homeowners insurance, HOA dues and mortgage insurance. For comparison, the median household income here is $95,373 a year, so that payment is about 29% of it.
What is the conforming loan limit in Chesapeake city?
The 2026 one-unit conforming loan limit for Chesapeake city is $832,750. A conventional loan above that amount is a jumbo loan, which can have different rates and down payment requirements.
Where do these numbers come from?
Home values, property taxes and incomes are U.S. Census Bureau American Community Survey 5-year medians for the county. Loan limits come from the Federal Housing Finance Agency and rates from Freddie Mac. The methodology page lists each source and when it was retrieved.
Data and method. Home values, property taxes and incomes: U.S. Census Bureau, ACS 2024 5-year (2020-2024) (medians, with sampling error; property tax is for owners with a mortgage). Loan limits: FHFA. Rates: Freddie Mac weekly average as of October 1, 2026. Retrieved October 1, 2026. Payment figures assume 20% down, a 30-year fixed loan, and exclude insurance, HOA dues and mortgage insurance. Estimates only; see the methodology.