HonestCasa logoHonestCasa
Updated 2025 Tax Year

Prince George County
Property Tax Guide

Everything you need to know about property taxes in Prince George County, VA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
$0.82 per $100 of assessed value (fiscal year 2025), no special taxing districts
1st Due
Dec 5
2nd Due
Jun 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Prince George County, Virginia operates on a property tax system that serves as the primary funding source for essential local services including public schools, emergency services, road maintenance, and county administration. Located in the Richmond metropolitan area, the county maintains a relatively moderate tax burden compared to neighboring jurisdictions while preserving its rural character and supporting growth initiatives.

Property owners in Prince George County pay taxes based on the assessed value of their real estate, with the current rate set at $0.82 per $100 of assessed value for fiscal year 2025. Unlike some Virginia localities, Prince George County does not have overlapping special taxing districts, which means property owners pay a consistent rate regardless of their location within the county. The effective tax rate for most residential properties ranges from 0.65% to 0.82% of market value, depending on applicable tax credits that property owners may qualify for through application to the county.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Real Estate Tax$0.82 per $100Base rate for all real property in Prince George County (FY 2025)
Personal Property$3.90 per $100Standard rate for vehicles, boats, and other personal property
Disabled Veterans (Personal Property)$1.95 per $100Reduced rate for certified disabled veterans
Volunteer Personnel (Personal Property)$0.10 per $100Reduced rate for certified volunteer firefighters/EMS
Business Personal Property$3.90 per $100Commercial equipment and business assets
Machinery and Tools$1.50 per $100Manufacturing equipment only

These rates apply to fiscal year 2025 (July 1, 2024 - June 30, 2025). Prince George County does not impose additional special district assessments, ensuring consistent rates countywide. Personal property tax rates include specific reductions for qualified veterans and volunteer emergency personnel, but these require certification and application through the appropriate county office.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Prince George County, property taxes are due in two installments:

First Installment
Dec 5
Delinquent after Dec 10
Second Installment
Jun 5
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Prince George County are additional tax bills issued when there are changes to property ownership, new construction, or improvements that occur after the annual assessment date but before the end of the tax year. These supplemental bills ensure that property taxes are properly allocated based on current ownership and property conditions throughout the fiscal year.

Common triggers for supplemental taxes include property sales, completion of new construction projects, major renovations that increase assessed value, and subdivision of parcels. The supplemental tax is calculated by taking the difference between the new assessed value and the previous assessed value, multiplying by the current tax rate of $0.82 per $100, and prorating for the remaining months in the fiscal year. For example, if a $50,000 home improvement is completed in January and increases the assessed value by that amount, the supplemental tax would be approximately $205 ($50,000 ÷ 100 × $0.82 × 6 months ÷ 12 months). Supplemental bills are typically mailed 30 days prior to their due date and follow the same payment procedures as regular property tax bills.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Applicable Credits: None applied
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 ÷ 100 × $0.82 = $2,460
  • Monthly Escrow: $205

Example 2: $600,000 Home (Senior Homeowner)

  • Assessed Value: $600,000
  • Applicable Credits: Elderly/Disabled Credit ($1,000 tax credit - application required)
  • Net Taxable Value: $600,000
  • Annual Tax Before Credits: $600,000 ÷ 100 × $0.82 = $4,920
  • Annual Tax After Credits: $4,920 - $1,000 = $3,920
  • Monthly Escrow: $327

Example 3: $1,000,000 Home (Disabled Veteran)

  • Assessed Value: $1,000,000
  • Applicable Credits: Disabled Veteran Exemption (varies by disability rating - application required)
  • Net Taxable Value: Varies based on exemption percentage
  • Annual Tax Before Credits: $1,000,000 ÷ 100 × $0.82 = $8,200
  • Annual Tax After Credits: Depends on veteran's disability rating and exemption amount
  • Monthly Escrow: Varies based on final tax amount

Note: All tax credits and exemptions require annual application and approval. Contact the Real Estate Assessor's Office for specific eligibility requirements and application procedures.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Prince George County require property tax escrow accounts for borrowers, particularly those with less than 20% down payment or specific loan types. Your lender collects 1/12th of your estimated annual property tax bill with each monthly mortgage payment, depositing these funds into an escrow account. The lender then pays your property taxes directly to Prince George County when bills are due on June 16th annually.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected, comparing actual tax bills to estimated amounts. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment may increase accordingly. Property owners should verify that their lender receives and pays tax bills promptly, as you remain ultimately responsible for timely payment even when using escrow services. You can monitor your account and tax payment status through the county's online portal, and should notify your lender immediately of any discrepancies or missed payments to avoid penalties and potential tax liens.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Prince George County? A: Real estate property taxes for fiscal year 2025 are due June 16, 2026. Business personal property taxes are due June 5, 2026. These dates may shift slightly if they fall on weekends or holidays.

Q: What tax credits are available and how do I apply? A: Prince George County offers several tax credits including elderly/disabled homeowner credits, disabled veteran exemptions, and surviving spouse benefits. All credits require annual application through the Real Estate Assessor's Office. Applications typically must be filed by April 1st for the following tax year, though deadlines vary by credit type.

Q: How does the homestead exemption work? A: Virginia's homestead exemption caps annual assessment increases for qualifying elderly and disabled homeowners, limiting the growth to a maximum percentage each year rather than reducing the property's market value. This credit requires application and re-certification, and eligibility is based on income and age/disability requirements.

Q: How often are properties reassessed? A: Prince George County conducts property assessments annually, with new assessed values taking effect each January 1st for the following fiscal year. Property owners receive assessment notices in early spring and have the right to appeal through formal procedures if they believe the assessment is incorrect.

Q: What are the penalties for late payment? A: Late payments incur interest charges and penalties as specified in Virginia state law. Additionally, unpaid property taxes can result in tax liens against the property and eventual tax sale proceedings if not resolved.

Q: Can I pay my property taxes online? A: Yes, Prince George County offers online payment options through their official website. Property owners can pay by electronic check or credit card, though credit card payments may incur processing fees.

Q: Do I pay different rates based on where I live in the county? A: No, Prince George County does not have special taxing districts, so all property owners pay the same base rate of $0.82 per $100 of assessed value regardless of location within the county.

Q: What if I disagree with my property assessment? A: Property owners can appeal their assessments through the county's Board of Equalization during the designated appeal period, typically in spring following the assessment notice. The appeal process includes specific deadlines and documentation requirements that must be followed precisely.

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Free • No credit check • 2-minute estimate