Property Taxes in Prince George, Virginia
Median Prince George, Virginia effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Prince George, Virginia home value: $243,950
Median annual Prince George, Virginia tax bill: $1,863, lower than the national median property tax bill of $2,400.
How are property taxes in Prince George calculated?
Property taxes in 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 Prince George's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Prince George, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Prince George Property Tax Calculator Work?
Use this Prince George property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Prince George's median effective tax rate of 0.82% — based on actual property records in Prince George County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies 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 Prince George: rates range from 1863.00 in 23875 to 1863.00 in 23875, 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 Prince George.
About Prince George Property Taxes
About Property Taxes in Prince George, Prince George, Virginia
Prince George’s median effective property tax rate of 0.82% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Prince George 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 Prince George. Homeowners in ZIP code 23875 carry a median effective rate of 0.82%, while those in the lowest ZIP also pay 0.82%. This reflects how school district boundaries and local assessment districts are drawn across Prince George County. Understanding which part of Prince George you live in can make a meaningful difference to your annual tax bill.
Prince George homeowners who believe their assessed value is too high can file a formal appeal with the 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 Prince George, Prince George 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 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 Prince George, Prince George County, Virginia
Source: Ownwell
0.79%
0.81%
0.82%
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 George Tax Rate
0.82%
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 George County Tax Rate
0.82%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Prince George, Prince George County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23875 | 0.41% | 0.70% | 0.82% | 0.83% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Prince George, Prince George County, Virginia
When examining property taxes in 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 Prince George 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 Prince George 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 Prince George.
For example, the median home price in Prince George is $243,950, with tax bills ranging significantly across the county. ZIP code 23875 has the highest median home price at $243,950.
Property Tax Assessment Values Across Prince George, Prince George County, Virginia
Source: Ownwell
$82,500
$206,675
$330,850
Median Prince George Market Value
$243,950
Median Prince George County Market Value
$262,000
Median Virginia Market Value
$323,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Prince George, Prince George County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23875 | $11,150 | $64,225 | $243,950 | $305,725 | $367,700 |
Source: Ownwell
Property Tax Bills Across Prince George, Prince George County, Virginia
Property tax bills in Prince George are based on the assessed value of a home and the local tax rate set by the county and city. For a home with a median market value of $243,950, the tax bill can vary widely depending on the property’s assessed value and any local exemptions or adjustments that apply.
Homeowners in Prince George typically see bills that reflect how local officials value their property for tax purposes, not just what they paid for it. The 25th percentile tax bill is $368, while the 75th percentile tax bill is $2,433. At the higher end, the 90th percentile tax bill reaches $2,969, showing how much bills can rise for homes with higher assessed values.
These taxes help fund local services, but they also affect monthly housing costs and long-term affordability for homeowners.
Property Tax Bills Across Prince George, Prince George County, Virginia
Source: Ownwell
$681
$1,628
$2,575
Median Prince George Tax Bill
$1,863
Median Prince George County Tax Bill
$2,050
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$3,209
Property Tax Bills Across Prince George, Prince George County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23875 | $62 | $368 | $1,863 | $2,433 | $2,969 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Prince George Tax Assessor | |
| Website | gis.vgsi.com |