Manassas Park, Prince William County, Virginia Property Taxes

Name: Property Tax Bills Across Manassas Park, Prince William County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Manassas Park, VA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Virginia state median of 0.89%.
Median Manassas Park, VA home value: $603,050
Median annual Manassas Park, VA tax bill: $6,310, $3,910 higher than the national median property tax bill of $2,400.

How are property taxes in Prince William calculated?

Property taxes in Manassas Park, VA 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 Manassas Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manassas Park, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Manassas Park, Prince William County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$6,272

$5,820

Ownwell’s Manassas Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Manassas Park with just two data points. By entering your property's estimated assessed value, our calculator applies Manassas Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Prince William County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Manassas Park, Prince William County, Virginia

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their required budget to maintain services and divide it by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Manassas Park, located in Prince William County, Virginia, offers a unique perspective on property tax rates. The effective property tax rate in Manassas Park is 1.04%, aligning closely with the national median of 1.02%. This rate is consistent across regions within the county, reflecting a standardized approach to property taxation. Compared to other cities in Virginia, Manassas Park's property tax rate is competitive, ensuring that residents receive necessary services without excessive financial burden.

Understanding the local property tax landscape is crucial for property owners. By comparing these rates to both state and national figures, residents can make informed decisions about property investments and financial planning.

Property Tax Rates Across Manassas Park, Prince William County, Virginia

Source: Ownwell

0.97%

1.00%

1.04%

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 Manassas Park Tax Rate

1.04%

Median Effective Prince William County Tax Rate

1.04%

Median Effective Virginia Tax Rate

0.89%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Manassas Park, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
20111	1.04%	1.04%	1.04%	1.04%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Manassas Park, Prince William County, Virginia

When examining property taxes in Manassas Park, VA, 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 William 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 William County are sent in the spring each year and typically reach your mailbox by the middle of the season. 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 Manassas Park. For example, the median home price in Manassas Park is $603,050, with tax bills ranging significantly across the county. The zip code 20111 has the highest median home price at $603,050.

Property Tax Assessment Values Across Manassas Park, Prince William County, Virginia

Source: Ownwell

$231,600

$495,950

$760,300

Median Manassas Park Market Value

$603,050

Median Prince William County Market Value

$464,800

Median Virginia Market Value

$298,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Manassas Park, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
20111	$307,440	$379,975	$603,050	$622,800	$659,370

Source: Ownwell

Property Tax Bills Across Manassas Park, Prince William County, Virginia

In Manassas Park, VA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the tax rate set by the city to determine the final tax bill. Homeowners in Manassas Park face a median tax bill significantly higher than the national median of $2,400, with the 25th percentile tax bill at $3,956 and the 75th percentile at $6,474. This disparity highlights the importance of ensuring your property is accurately assessed. Factors such as location, home size, and market conditions can affect the assessed value, and in turn, the tax bill. Ownwell can assist homeowners by providing expert property tax appeal and exemption services to potentially lower their tax bills. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell can identify discrepancies and work to reduce your tax obligations, helping you save money and ensuring a fair tax assessment.

Property Tax Bills Across Manassas Park, Prince William County, Virginia

Source: Ownwell

$2,233

$4,891

$7,548

Median Manassas Park Tax Bill

$6,310

Median Prince William County Tax Bill

$4,796

Median Virginia Tax Bill

$2,608

Median United States Tax Bill

$2,400

Property Tax Bills Across Manassas Park, Prince William County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
20111	$3,174	$3,956	$6,310	$6,474	$6,857

Source: Ownwell