Property Tax & Income in Prince George County, Virginia
Prince George County has an effective property tax rate of 0.74%. On the median home value of $293,400, that's roughly $2,184 per year. Median household income is $84,897.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Prince George County | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.74% | 0.60% |
| Median home value1 | $293,400 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Prince George County, VA
In Prince George County, Virginia, the median home value of $293,400 carries an annual property tax bill of about $2,184, based on an effective rate of 0.744%. That rate sits above Virginia's statewide median of 0.601% and ranks 40th among the state's 133 counties, though it remains below the national median of 0.794%. For buyers weighing affordability, the county's median household income of $84,897 helps offset the tax load, and per-capita income stands at $34,239. Fort Lee, the largest of the county's principal communities, anchors a market where housing costs stay moderate compared with many parts of the country, even if local taxes run a bit higher than Virginia's norm. Someone considering a move here can expect home prices that don't strain a solid income, paired with a tax bill that stays within reach.