Property Taxes in North Prince George, Virginia
Median North Prince George, Virginia effective property tax rate: 1.17%, significantly lower than the national median of 1.02%, and higher than the Virginia state median of 0.90%.
Median North Prince George, Virginia home value: $253,900
Median annual North Prince George, Virginia tax bill: $2,971, higher than the national median property tax bill of $2,400.
How are property taxes in Hopewell calculated?
Property taxes in North Prince George, Virginia 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 North Prince George's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Prince George, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the North Prince George Property Tax Calculator Work?
Use this North Prince George property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies North Prince George's median effective tax rate of 1.17% — based on actual property records in Hopewell County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies North Prince George's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within North Prince George: rates range from 1.17% in 23860 to 1.17% in 23860, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across North Prince George.
About North Prince George Property Taxes
About Property Taxes in North Prince George, Hopewell, Virginia
North Prince George's median effective property tax rate of 1.17% is lower than the Virginia state median of 0.90% and higher than the national median of 1.02%. This rate reflects the Hopewell County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across North Prince George. Homeowners in the 23860 ZIP code carry a median effective rate of 1.17%, while those in the lowest ZIP also pay 1.17%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Hopewell County. Understanding which part of North Prince George you live in can make a meaningful difference to your annual tax bill.
North Prince George homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across North Prince George, Hopewell County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare North Prince George's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Property Tax Rates Across North Prince George, Hopewell County, Virginia
Source: Ownwell
1.17%
1.17%
1.17%
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 North Prince George Tax Rate
1.17%
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 Hopewell County Tax Rate
1.17%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across North Prince George, Hopewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23860 | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across North Prince George, Hopewell County, Virginia
When examining property taxes in North Prince George, Virginia, 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 Hopewell County appraisal district 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 Hopewell County, assessment notices are sent in March each year. They'll typically reach your mailbox by the middle of March.
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 North Prince George.
For example, the median home price in North Prince George is $253,900, with tax bills ranging significantly across the county. 23860 has the highest median home price at $253,900.
Property Tax Assessment Values Across North Prince George, Hopewell County, Virginia
Source: Ownwell
$140,000
$196,950
$253,900
Median North Prince George Market Value
$253,900
Median Hopewell County Market Value
$140,200
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across North Prince George, Hopewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23860 | $125,160 | $176,125 | $253,900 | $294,075 | $306,290 |
Source: Ownwell
Property Tax Bills Across North Prince George, Hopewell County, Virginia
Property tax bills in North Prince George are calculated by multiplying the assessed value of a home by the local property tax rate. The assessed value is based on the market value of the property, so changes in home prices can affect what homeowners owe. Local taxing authorities use this value to determine the annual bill, which helps fund public services in the area.
For a home with a median price of $253,900, the tax bill can vary widely depending on the assessment and the rate applied. In this area, the 25th percentile tax bill is $2,061, while the 75th percentile is $3,441 and the 90th percentile is $3,584. The median tax bill is $2,971, which is higher than the national median property tax bill of $2,400. That means homeowners in North Prince George may pay more than the typical U.S. homeowner, especially if their assessed value is high.
Property Tax Bills Across North Prince George, Hopewell County, Virginia
Source: Ownwell
$1,637
$2,304
$2,971
Median North Prince George Tax Bill
$2,971
Median Hopewell County Tax Bill
$1,640
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across North Prince George, Hopewell County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23860 | $1,464 | $2,061 | $2,971 | $3,441 | $3,584 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Hopewell Tax Assessor | |
| Website | hopewellva.gov |