StateRates

Prince William County, Virginia property tax

The median homeowner in Prince William County, Virginia pays $4,910 a year in property tax on a home worth $500,600, an effective rate of 0.98%. The national effective rate is 0.98%.

Effective rate 0.98% #10 of 129 in Virginia
Median tax bill $4,910 per year
Median home value $500,600 owner-occupied
Median income $128,873 household

What the rate means here

Prince William County taxes property at 0.98%, within a rounding error of the national 0.98%. The median bill of $4,910 therefore tracks the median home value of $500,600 fairly directly, which is not true everywhere.

It ranks #10 of 129 Virginia counties by effective rate, against a statewide 0.74%, and #1,099 nationally. The state runs from 1.14% in Manassas Park city down to 0.40% in Prince Edward County.

The median home costs 3.88 times the median household income of $128,873, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. At 484,625 residents the county is large enough that its median blends several distinct housing markets.

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

What that costs at different home values

$250,000 home $2,450 per year at 0.98%
$400,000 home $3,920 per year at 0.98%
$600,000 home $5,880 per year at 0.98%

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

Housing and income

Prince William County, Virginia against Virginia and the country
Prince William County Virginia United States
Effective property tax 0.98% 0.74% 0.98%
Median tax bill $4,910 $2,686 $2,969
Median home value $500,600 $360,700 $303,400
Median gross rent $2,002 $1,514 $1,348
Median household income $128,873 $90,974 $78,538
Home price to income 3.88× 3.96× 3.86×
Rent as share of income 18.64% 19.97% 20.6%
Owner-occupied 74.38% 67.18% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 484,625.

Nearby counties of similar size

Other Virginia counties
County Rate Median bill Home value
Virginia Beach city 0.80% $2,929 $366,300
Loudoun County 0.88% $6,186 $701,000
Chesterfield County 0.78% $2,636 $336,700
Henrico County 0.72% $2,416 $333,600
Chesapeake city 0.82% $2,937 $359,100

Prince William County property tax: common questions

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

The effective rate is 0.98% of home value, from a median tax bill of $4,910 against a median home value of $500,600. That is 0 points above the national 0.98%.

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

Roughly $3,920 a year at the county effective rate of 0.98%.

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

It ranks #10 of 129 Virginia counties by effective property tax rate, and #1099 of 2,826 nationally. That is 0.24 points above the Virginia average of 0.74%.

What does housing cost in Prince William County?

The median home is worth $500,600 and median gross rent is $2,002 a month. Median household income is $128,873, which puts the home at 3.88 times annual income and rent at 18.64% of it.