StateRates

Prince George County, Virginia property tax

The median homeowner in Prince George County, Virginia pays $2,098 a year in property tax on a home worth $268,300, an effective rate of 0.78%. The national effective rate is 0.98%.

Effective rate 0.78% #33 of 129 in Virginia
Median tax bill $2,098 per year
Median home value $268,300 owner-occupied
Median income $88,225 household

What the rate means here

At 0.78%, Prince George County taxes property more lightly than the national 0.98%. That puts the median bill at $2,098. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #33 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,524 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.04 times the median household income of $88,225, against 3.86 nationally, which is a comfortable ratio by American standards. 73.93% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 42,873 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,950 per year at 0.78%
$400,000 home $3,120 per year at 0.78%
$600,000 home $4,680 per year at 0.78%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Prince George County, Virginia against Virginia and the country
Prince George County Virginia United States
Effective property tax 0.78% 0.74% 0.98%
Median tax bill $2,098 $2,686 $2,969
Median home value $268,300 $360,700 $303,400
Median gross rent $1,563 $1,514 $1,348
Median household income $88,225 $90,974 $78,538
Home price to income 3.04× 3.96× 3.86×
Rent as share of income 21.26% 19.97% 20.6%
Owner-occupied 73.93% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 42,873.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Manassas city 1.10% $4,766 $434,700
Danville city 0.67% $743 $110,200
Shenandoah County 0.55% $1,451 $265,800
Warren County 0.59% $1,850 $315,800
Tazewell County 0.62% $718 $116,100

Prince George County property tax: common questions

What is the property tax rate in Prince George County, Virginia?

The effective rate is 0.78% of home value, from a median tax bill of $2,098 against a median home value of $268,300. That is 0.2 points below the national 0.98%.

How much is property tax on a $400,000 home in Prince George County?

Roughly $3,120 a year at the county effective rate of 0.78%.

Is Prince George County expensive compared with the rest of Virginia?

It ranks #33 of 129 Virginia counties by effective property tax rate, and #1524 of 2,826 nationally. That is 0.04 points above the Virginia average of 0.74%.

What does housing cost in Prince George County?

The median home is worth $268,300 and median gross rent is $1,563 a month. Median household income is $88,225, which puts the home at 3.04 times annual income and rent at 21.26% of it.