Prince George County, Virginia Property Taxes
Median Prince George County effective property tax rate: 0.76%, significantly lower than the national median of 1.02%.
Median Prince George County home value: $279,600
Median annual Prince George County tax bill: $2,102, $298 lower than the national median property tax bill of $2,400.
How are property taxes in Prince George County calculated?
Property taxes in Prince George County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in a city or another part of Prince George County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Prince George County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$2,125
$1,972
Property Tax Rates Across Prince George County, Virginia
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their budget needs to provide essential services, then divide this by the total value of all taxable property in their area. This calculation determines the property tax rate. While votes and laws play a role in finalizing tax rates and budgets, this is the essence of the annual process.
For instance, Prince George County in Virginia has an effective property tax rate of 0.76%, which is below the national median of 1.02%. Within the county, North Prince George has the highest median tax rate at 0.78%, whereas Carson has the lowest at 0.74%. This variation highlights how property tax rates can differ even within a single county. Comparing these rates to the national median property tax bill of $2,400 provides additional context. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Prince George County Tax Rate
0.76%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Virginia Tax Rate
0.89%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Prince George County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | 0.73% | 0.74% | 0.74% | 0.74% | 0.78% |
| Disputanta | 0.74% | 0.75% | 0.75% | 0.78% | 0.82% |
| Hopewell | 0.72% | 0.73% | 0.77% | 0.80% | 0.81% |
| North Prince George | 0.73% | 0.76% | 0.78% | 0.80% | 0.80% |
| Petersburg | 0.42% | 0.71% | 0.74% | 0.82% | 0.82% |
| Prince George | 0.72% | 0.72% | 0.75% | 0.79% | 0.80% |
| South Prince George | 0.71% | 0.71% | 0.78% | 0.79% | 0.82% |
| Spring Grove | 0.74% | 0.74% | 0.75% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Prince George County, Virginia
When examining property taxes in Prince George County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Prince George County Department of Real Estate Assessments estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Prince George County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Prince George County.
For example, the median tax bill in Prince George County is $2,432, with tax bills ranging significantly across the county. Carson has the highest median home price at $328,050.
Property Tax Assessment Values Across Prince George County, Virginia
Source: Ownwell
$74,050
$201,050
$328,050
Median Prince George County Market Value
$279,600
Median Virginia Market Value
$298,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Prince George County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | $184,360 | $248,525 | $328,050 | $395,375 | $478,620 |
| Disputanta | $162,110 | $218,775 | $287,550 | $368,225 | $453,220 |
| Hopewell | $31,860 | $38,625 | $74,050 | $305,225 | $409,390 |
| North Prince George | $171,660 | $198,700 | $262,400 | $351,900 | $429,380 |
| Petersburg | $41,700 | $102,250 | $181,950 | $238,800 | $406,150 |
| Prince George | $199,800 | $244,800 | $284,150 | $333,900 | $397,490 |
| South Prince George | $180,500 | $212,725 | $258,000 | $354,800 | $469,350 |
| Spring Grove | $127,600 | $181,175 | $272,650 | $355,225 | $438,690 |
Source: Ownwell
Property Tax Bills Across Prince George County, Virginia
Median Prince George County Tax Bill
$2,102
Median Virginia Tax Bill
$2,608
Median United States Tax Bill
$2,400
Property Tax Bills Across Prince George County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | $1,255 | $1,813 | $2,432 | $2,958 | $3,534 |
| Disputanta | $1,153 | $1,646 | $2,160 | $2,785 | $3,403 |
| Hopewell | $238 | $304 | $500 | $1,739 | $3,061 |
| North Prince George | $1,264 | $1,517 | $2,040 | $2,765 | $3,400 |
| Petersburg | $222 | $458 | $1,347 | $1,692 | $2,486 |
| Prince George | $1,484 | $1,815 | $2,114 | $2,509 | $3,064 |
| South Prince George | $1,360 | $1,621 | $1,969 | $2,667 | $3,568 |
| Spring Grove | $928 | $1,332 | $2,043 | $2,669 | $3,281 |
Source: Ownwell