Windsor Heights, West Virginia Property Taxes
The median property tax rate in Windsor Heights, WV is 0.93%, slightly lower than the national median of 0.99% but higher than the West Virginia state median of 0.72%. With the median home value in Windsor Heights at $39,650, the typical annual property tax bill is $344, which is significantly below the national median of $2,690. Property taxes in Windsor Heights are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Windsor Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Windsor Heights or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor Heights, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$369
Ownwell’s Windsor Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor Heights to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Windsor Heights, West Virginia
Property taxes in Windsor Heights, West Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor Heights is 0.93%, slightly below the U.S. national median of 0.99%. Local government entities within Windsor Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor Heights estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Windsor Heights' effective property tax rate to other counties in West Virginia and the national median. For comparison, the ZIP code 26075 has the highest median property tax rate of 0.93%, while the same ZIP code also has the lowest median tax rate of 0.93%. Understanding how these cities compare with Windsor Heights provides valuable insights into the varying tax landscape across Brooke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Heights Tax Rate
0.93%
Average Brooke County Tax Rate
0.80%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor Heights, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26075 | 0.21% | 0.46% | 0.93% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Windsor Heights, West Virginia
In Windsor Heights, West Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Brooke County Assessor's Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Windsor Heights, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Windsor Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Windsor Heights is $39,650, with the 25th percentile tax bill at $177 and the 75th percentile tax bill at $412. The highest and lowest median tax bill is $344, both in zip code 26075.
Property Tax Assessment Values Across Windsor Heights, West Virginia
Source: Ownwell
$21,400
$65,300
$109,200
Average Windsor Heights Assessed Value
$39,650
Average Brooke County Assessed Value
$65,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor Heights, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26075 | $23,050 | $34,725 | $39,650 | $47,700 | $54,270 |
Source: Ownwell
Property Tax Bills Across Windsor Heights, West Virginia
In Windsor Heights, Brooke County, WV, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor, who evaluates your property's market value and applies an assessment ratio. This ratio can vary but is typically a percentage of the market value. For example, if your home’s market value is $39,650, the assessed value would be a fraction of this amount based on the local assessment ratio. The property tax rate is then applied to the assessed value to calculate your annual tax bill. In Windsor Heights, the median tax bill is $344, aligning with the highest and lowest median tax bills in the county. Tax bills can range significantly, with the 25th percentile at $177 and the 75th percentile at $412, reflecting variations in property values and assessment practices. Homeowners are directly impacted by these tax bills, as they contribute to local services such as schools, infrastructure, and public safety. Understanding how your tax bill is calculated can help you better manage your finances and anticipate annual expenses.
Average Windsor Heights Tax Bill
$344
Average Brooke County Tax Bill
$517
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor Heights, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26075 | $62 | $177 | $344 | $412 | $498 |
Source: Ownwell