Prince Edward County, Virginia Property Taxes
Property Taxes in Prince Edward County, Virginia
Median Prince Edward County effective property tax rate: 0.51%, significantly lower than the national median of 1.02%.
Median Prince Edward County home value: $130,400
Median annual Prince Edward County tax bill: $655, $1,745 lower than the national median property tax bill of $2,400.
How are property taxes in Prince Edward County calculated?
Property taxes in Prince Edward 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 Prince Edward County or another part of Prince Edward County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Prince Edward County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$665
$617
How Does the Prince Edward County Property Tax Calculator Work?
Use this Prince Edward County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Prince Edward County's median effective tax rate of 0.51% to generate your estimate.
Enter your property's estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
Prince Edward County's median tax rate is lower than Virginia's 0.90% and well below the national median property tax rate of 1.02%. The county's median tax bill is $655, compared with the national median property tax bill of $2,400 and $1,745 lower than the state median. For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Prince Edward County.
Property Tax Rates Across Prince Edward County, Virginia
What Are Effective Property Tax Rates Across Prince Edward County?
Local government entities set tax rates, which vary widely across Prince Edward County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Prince Edward County's effective property tax rate to other counties in Virginia or the U.S. median of 1.02%.
Prince Edward County's median effective rate stands at 0.51%, which is lower than the national median of 1.02%. Within Prince Edward County, the highest rate is found in BURKEVILLE at 0.51%, while BURKEVILLE has the lowest at 0.51%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Edward County Tax Rate
0.51%
Our median effective property tax rate (tax bill Ă· 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
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Prince Edward County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burkeville | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Charlotte Court House | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Cullen | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Farmville | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Green Bay | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Keysville | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Meherrin | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Pamplin | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Prospect | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Rice | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Hampden Sydney | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Prince Edward County, Virginia
When examining property taxes in Prince Edward 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 Edward County assessor 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 Edward County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Edward County.
For example, the median tax bill in Prince Edward County is $655, with tax bills ranging significantly across the county. Farmville has the highest median home price at $156,300.
Property Tax Assessment Values Across Prince Edward County, Virginia
Source: Ownwell
$102,300
$129,300
$156,300
Median Prince Edward County Market Value
$130,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Prince Edward County, Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burkeville | $27,820 | $63,250 | $102,300 | $153,700 | $202,320 |
| Charlotte Court House | $36,560 | $79,800 | $112,400 | $178,200 | $219,500 |
| Cullen | $30,200 | $86,200 | $117,600 | $162,750 | $239,100 |
| Farmville | $61,700 | $94,500 | $156,300 | $219,350 | $281,720 |
| Green Bay | $22,140 | $45,750 | $109,100 | $155,700 | $216,700 |
| Keysville | $27,730 | $65,350 | $110,900 | $164,900 | $216,050 |
| Meherrin | $21,000 | $56,500 | $105,500 | $148,600 | $198,740 |
| Pamplin | $31,360 | $73,750 | $110,400 | $154,050 | $203,620 |
| Prospect | $29,740 | $74,400 | $114,100 | $164,250 | $220,040 |
| Rice | $50,810 | $93,625 | $141,950 | $198,575 | $261,050 |
| Hampden Sydney | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Prince Edward County, Virginia
Property tax bills in Prince Edward County are based on the assessed value of a home and the local tax rate set by the county. When a property’s market value changes, the assessed value can change too, which affects the final bill. The county’s median home price is $130,400, and that value helps show how local tax bills are tied to home values.
Homeowners in Prince Edward County typically see tax bills that vary by location and property value. The lowest median tax bill in the county is $522.00 in Burkeville, while the highest median tax bill is $791.00 in Farmville. That range reflects differences in assessed values and local tax rates.
For many homeowners, a higher assessed value means a higher property tax bill, even if the tax rate stays the same. The county’s tax bills are generally below the national median property tax bill of $2,400, which can make local ownership costs more manageable for some residents.
Median Prince Edward County Tax Bill
$655
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Prince Edward County, Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burkeville | $125 | $287 | $522 | $778 | $1,032 |
| Charlotte Court House | $134 | $369 | $567 | $902 | $1,079 |
| Cullen | $148 | $435 | $595 | $830 | $1,219 |
| Farmville | $285 | $474 | $791 | $1,112 | $1,427 |
| Green Bay | $108 | $204 | $552 | $793 | $1,105 |
| Keysville | $138 | $333 | $564 | $843 | $1,103 |
| Meherrin | $101 | $222 | $524 | $756 | $1,007 |
| Pamplin | $141 | $365 | $557 | $780 | $1,024 |
| Prospect | $136 | $361 | $569 | $827 | $1,120 |
| Rice | $213 | $456 | $711 | $1,001 | $1,327 |
| Hampden Sydney | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 20 |
Links | |
|---|---|
| Prince Edward Tax Assessor | |
| Website | epayments.co.prince-edward.va.us |