Prince George property tax rates for 2026

Most people want one number out of a property tax article, so here it is. For 2026, the total residential property tax rate in Prince George is 9.71250 per $1,000 of assessed value, from the City's 2026 tax rates schedule. That works out to about 0.97% of your assessed value a year, before the home owner grant.

The rest of this explains where that number comes from, what it means at a few real price points, and what happens when you buy partway through the year. If you read an earlier version of this page, these numbers replace it. The earlier one used a lower estimate and said the Province sets the rate. Most of it is set by City Council.

How your bill is calculated

The formula is simple: assessed value ÷ 1,000 × the tax rate = your tax before the grant. Then the home owner grant comes off if you qualify.

Your assessed value comes from BC Assessment, not from what you paid. The 2026 assessment reflects market value as of July 1, 2025, so it lags the market. If you just bought, your assessment can be higher or lower than your price.

Who sets the rate

Several bodies each set a piece of it, and the City collects the whole thing on one bill. The 2026 residential rates, per $1,000 of assessed value:

• City of Prince George: 6.49700. Set by City Council in its annual tax rates bylaw. This is the general municipal rate (5.50676) plus three dedicated levies: snow control reserve (0.40304), road rehabilitation (0.29406) and the general infrastructure reinvestment fund (0.29314).
• School tax: 2.00470. Set by the Province.
• Fraser-Fort George Regional Hospital District: 0.72437.
• Regional District of Fraser-Fort George: 0.32856.
• 911: 0.11957.
• BC Assessment: 0.03810.
• Municipal Finance Authority: 0.00020.

Those add up to 9.71250. The City's own share is about two-thirds of the total.

What a home actually pays in 2026

Here is the math at three assessed values. The middle one is BC Assessment's typical single-family home in the City of Prince George for 2026, $459,000. The grant used is the regular northern and rural grant of $770, which I explain below.

• $400,000: $3,885 before the grant. $3,115 after it, or about $260 a month.
• $459,000 (the typical house): about $4,458 before the grant. About $3,688 after it, or about $307 a month.
• $600,000: about $5,828 before the grant. About $5,058 after it, or about $421 a month.

For a condo or townhome, BC Assessment's typical strata value in the city for 2026 is $273,000. That is about $2,652 before the grant and about $1,882 after it.

If you are 65 or older, a veteran, or living with a disability, you may qualify for the additional grant of up to $1,045 instead of $770. On the typical $459,000 house, that brings the bill to about $3,413.

Utilities are separate. Water, sewer and garbage are billed by the City on their own, so leave them out of these numbers and budget for them on top.

The home owner grant

The grant reduces the tax on your principal residence. Prince George counts as a northern and rural area, so for 2026 the regular grant is up to $770: the $570 base grant plus a $200 northern and rural top-up.

• You need to be a Canadian citizen or permanent resident, own the home, and live in it as your principal residence.
• You apply every year through the Province. It does not come off automatically.
• The full grant applies to homes assessed up to $2,075,000 in 2026 (it was $2,175,000 in 2025). Above that, the grant shrinks by $5 for every $1,000 over, and the regular northern grant is gone above $2,229,000.
• Even with the grant, the minimum you pay is $350 in tax, or $100 with the additional grant.

The 2027 change: from January 1, 2027, the regular grant is $570 everywhere in BC. The extra $200 for northern and rural owners ends. It was there to offset the carbon tax, which has ended. On the typical house, that is $200 more tax next year with everything else unchanged.

When it is due, and what changed from 2025

The 2026 bill was due July 3, 2026. Property tax here covers the calendar year, so that one payment covers January to December.

The 2025 total residential rate was 9.38179, so the rate rose about 3.5% for 2026. The City described its 2026 budget as a 4.94% increase in its tax levy, or about $144 a year ($12 a month) on the average home it uses for budgeting, assessed at $467,684. Your own change depends on how your assessment moved compared with the average.

Buying partway through the year

When you buy, the year's property tax gets split between you and the seller at the adjustment date, usually possession. Your lawyer or notary does this on the statement of adjustments. If you buy after the July due date, the seller has usually paid the whole year already, so you credit them for the months you will own the home. If you buy before the due date, you are usually credited for the seller's months and you pay the full bill in July.

Ask your lawyer how the home owner grant was handled for the year you buy in, since the seller may already have claimed it.

Budgeting for it when you buy

Before you write an offer, look up the home's current assessment on BC Assessment's website and multiply by the rate. That is usually more useful than the seller's bill, which reflects their grant and possibly a different tax year.

Then add it to the mortgage payment, insurance and utilities to get the real monthly cost. Lenders do the same thing when they qualify you. On a typical house, tax adds about $300 a month after the grant. On a $600,000 home, plan for over $400. Expect it to rise a little most years, and remember the grant drops by $200 in 2027.

If you are shopping now, you can pull up any of the current homes for sale in Prince George and run the tax from the assessed value the same way.

If you think your assessment is wrong

BC Assessment mails notices early in the year, and the deadline to ask for a review is printed on the notice. A review can lower your assessment, and your tax with it, if the value really is off. Have recent sales of similar homes ready, because that is what they will look at.

Comparing with other cities

A rate per $1,000 only tells you half of it. Rates are set to raise a budget from the total assessed value in a city, so a place with high home values can raise the same money with a lower rate. The bill in dollars is what you actually pay. When you compare Prince George with somewhere else, compare the dollar bill on a similar home.

If you want the full monthly picture on a home you are looking at, tax included, send it over. I am glad to run it with you.

Sources: City of Prince George 2026 and 2025 tax rate schedules and 2026 budget announcement; BC Assessment 2026 assessment release for the North Central region; Province of BC home owner grant information.