Anmoore, West Virginia Property Taxes
The median property tax rate in Anmoore, WV is 0.85%, slightly lower than the national median of 0.99% yet higher than the West Virginia state median of 0.72%. With a median home value of $34,600 in Anmoore, the typical annual property tax bill is $326, which is significantly lower than the national median of $2,690. Property taxes in Anmoore are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Anmoore's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Anmoore or another part of Harrison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anmoore, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$294
Ownwell’s Anmoore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anmoore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anmoore 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 Anmoore, West Virginia
Property taxes in Anmoore, 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 Anmoore is 0.53%, which is significantly lower than both the West Virginia state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Anmoore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anmoore 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 Anmoore's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 26323 zip code has both the highest and lowest median property tax rate of 0.85%. Understanding how these areas compare with Anmoore provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anmoore Tax Rate
0.85%
Average Harrison County Tax Rate
0.74%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anmoore, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26323 | 0.35% | 0.83% | 0.85% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Anmoore, West Virginia
In Anmoore, 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 Harrison 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 Anmoore, 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 Anmoore helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $326.00 in zip code 26323, while the lowest is also $326.00 in the same zip code.
Average Anmoore Assessed Value
$34,600
Average Harrison County Assessed Value
$76,800
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anmoore, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26323 | $6,760 | $14,150 | $34,600 | $50,650 | $74,380 |
Source: Ownwell
Property Tax Bills Across Anmoore, West Virginia
In Anmoore, located in Harrison County, WV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Anmoore is $34,600, and homeowners can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $145, while at the 75th percentile, it rises to $547, and at the 90th percentile, it reaches $801. Several factors influence the tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Harrison County's rates can lead to a wide range of tax bills, impacting homeowners differently based on their property's value. Understanding these factors can help homeowners in Anmoore anticipate their tax obligations and plan their finances accordingly.
Average Anmoore Tax Bill
$326
Average Harrison County Tax Bill
$688
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Anmoore, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26323 | $83 | $145 | $326 | $547 | $801 |
Source: Ownwell