How Property Tax Works
Prince George's County operates a property tax system that serves as a critical funding mechanism for essential county services including public schools, public safety, infrastructure maintenance, and community programs. Property taxes in Prince George's County are assessed annually based on the full cash value of real property, with tax bills typically issued in July and payment due by September 30th each year.
The effective property tax rate in Prince George's County is currently $1.00 per $100 of assessed value (equivalent to 1.0%), which was maintained for fiscal year 2025 to preserve revenue stability. This rate applies to the assessed value of your property after any applicable exemptions or credits are deducted. Prince George's County offers various tax credit programs for qualifying homeowners, including income-based homeowners' credits and supplemental credits that can significantly reduce your annual property tax burden.