Prince Edward County, VA Property Tax: $820/yr (2026)
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The effective property tax rate in Prince Edward County is 0.40% of assessed home value. On a home at the county median value of $203,700, that works out to about $815 per year, or $68 per month. Prince Edward County is located in central Virginia, and is home to approximately 21,932 residents.
About Prince Edward County
Prince Edward County covers approximately 349.9 square miles in Virginia. The county is home to about 21,932 residents living in roughly 9,171 housing units, of which 49.4% are owner-occupied. The median household income is $55,082, and the median home was built in 1980.
Prince Edward County borders Amelia County, Appomattox County, Buckingham County, Charlotte County, Cumberland County — useful comparisons if you're considering nearby areas with potentially different tax rates.
How Property Taxes Work in Virginia
Property taxes in Virginia are administered at the county level. Each county sets a millage rate applied to the assessed value of real property — the effective rate above accounts for any partial assessments and exemptions already built into the local tax base. Assessed value can differ meaningfully from current market value depending on how often the county reassesses and what fraction of market value it uses.
Most counties in Virginia offer exemptions that reduce the taxable assessed value: homestead exemptions for primary residences, senior exemptions, disability exemptions, and veteran exemptions are common. These reduce your effective rate below the county-wide average shown here. Contact the Prince Edward County Assessor's office to learn which exemptions apply to your property and when to file.
Prince Edward County vs. Neighboring Counties
| Location | Eff. Rate | Median Home | Annual Tax |
|---|---|---|---|
| Prince Edward County, VA | 0.40% | $203,700 | $815 |
| Virginia state average | 0.67% | — | $1,365* |
| Amelia County | 0.43% | $239,700 | $1,034 |
| Appomattox County | 0.53% | $189,200 | $1,006 |
| Buckingham County | 0.52% | $167,800 | $874 |
| Charlotte County | 0.51% | $144,000 | $739 |
| Cumberland County | 0.64% | $220,100 | $1,398 |
| US national average | 1.10% | $281,900 | $3,101 |
*State average annual tax computed at Prince Edward County's median home value of $203,700. Source: US Census ACS 2023 5-year estimates.
Frequently Asked Questions
How does Prince Edward County's property tax rate compare to the rest of Virginia?
At 0.40%, Prince Edward County is lower than the Virginia state average of 0.67%. On a home at the county median of $203,700, that means about $815 per year — versus $1,365 at the state average rate, a difference of $550 per year. Compared to the national average of 1.10%, Prince Edward County is below average.
What's a typical annual property tax bill in Prince Edward County?
For a home at the county median value of $203,700, the annual property tax in Prince Edward County is approximately $815 — or about $68 per month. For a home worth $305,550, expect around $1,222 per year. For a $407,400 home, approximately $1,630 per year. Use the calculator above to estimate taxes for any assessed value.
Where do I appeal a Prince Edward County property tax assessment?
Property assessment appeals in Prince Edward County are handled by the Prince Edward County Assessor's office. Most jurisdictions require filing within 30–90 days of receiving your assessment notice — confirm the specific deadline with the assessor's office before submitting, as deadlines and procedures vary by county. A successful appeal can reduce your assessed value and lower your tax bill for the current and future tax years.
What exemptions are available in Prince Edward County?
Virginia counties commonly offer homestead exemptions for owner-occupied primary residences, senior citizen exemptions for qualifying homeowners aged 65 and older, exemptions for disabled residents, and veterans' exemptions. Each exemption reduces your assessed taxable value, which in turn reduces your effective tax rate below the county-wide 0.40% shown here. Contact the Prince Edward County Assessor's office to confirm which exemptions are available and the application deadlines.
Data sources: US Census Bureau ACS 2023 5-Year Estimates, US Census Gazetteer (2024), County Adjacency File