Prince Edward County Property Taxes
Prince Edward County, Virginia
Effective Tax Rate
0.00%
58.2% below state avgMedian Annual Tax
$0
$68/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.40%
At a Glance
Median Home Value
$203,700
State avg ▼ $278,065
Tax w/ Mortgage/yr
$863
$72/mo escrow
Tax w/o Mortgage/yr
$784
$65/mo
State Tax Rate Rank
#1
of 133 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Prince Edward County, Virginia
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.
How Prince Edward County Compares
Median Annual Property Tax
Prince Edward County
0.40%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Prince Edward County, Virginia?
How much are property taxes in Prince Edward County?
How does Prince Edward County compare to the Virginia average?
What is the median home value in Prince Edward County, Virginia?
Is Prince Edward County a low property tax area in Virginia?
How does Prince Edward County rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.