Property Tax in Prince Edward County
via TaxByCounty
Prince Edward offers Virginia's most affordable tax rates
Prince Edward County's effective rate of just 0.403% ranks among the lowest in America, well below the national median of 0.85%. The median property tax bill is only $820 annually on homes valued at $203,700—a full 70% less than the national median tax of $2,690.
Lowest-taxing county in Virginia by far
Prince Edward's 0.403% effective rate is the lowest among all Virginia counties, less than 60% of the state average of 0.671%. At $820 per year, the median tax bill is less than half the state median of $1,960, making it Virginia's most tax-friendly jurisdiction.
Prince Edward vastly undercuts regional competitors
Prince Edward's rate of 0.403% is dramatically lower than Prince George County (0.782%), Powhatan (0.634%), and Pulaski (0.644%). No neighboring county comes close to Prince Edward's exceptionally low tax burden.
Your modest annual Prince Edward tax bill
On a median home valued at $203,700, Prince Edward residents pay only $820 per year in property taxes. That's just $68 monthly, making it one of Virginia's most affordable places to own property from a tax perspective.
Double-check your assessment even in low-tax counties
Even with Prince Edward's favorable rates, some homeowners remain overassessed relative to their neighbors. A free reassessment appeal could validate your property's value or potentially reduce what you owe even further.