Circleville, West Virginia Property Taxes
The median property tax rate in Circleville, WV is 0.41%, significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With a median home value of $75,800 in Circleville, the typical annual property tax bill amounts to $291, which is well below the national median of $2,690. Property taxes in Circleville are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Circleville's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Circleville or another part of Pendleton County, gaining insight into the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Circleville, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$311
Ownwell’s Circleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Circleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Circleville 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 Circleville, West Virginia
Property taxes in Circleville, West Virginia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Circleville is 0.41%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Circleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Circleville 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 Circleville's effective property tax rate to other areas in Pendleton County and the national median. For comparison, the zip code 26804 in Pendleton County has both the highest and lowest median property tax rate of 0.41%. Understanding how these areas compare with Circleville provides valuable insights into the varying tax landscape across Pendleton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Circleville Tax Rate
0.41%
Average Pendleton County Tax Rate
0.41%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Circleville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26804 | 0.26% | 0.41% | 0.41% | 0.41% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Circleville, West Virginia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Circleville, WV. 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 Pendleton County Assessor 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 Circleville, 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. For instance, the median home price in Circleville is $75,800. Homeowners in the 25th percentile can expect a tax bill around $152, while those in the 75th percentile might see a bill closer to $489. The highest median tax bill of $291 is found in the 26804 zip code. Understanding these valuation concepts helps property owners navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions, thereby managing their tax burden more effectively.
Property Tax Assessment Values Across Circleville, West Virginia
Source: Ownwell
$64,700
$114,250
$163,800
Average Circleville Assessed Value
$75,800
Average Pendleton County Assessed Value
$98,400
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Circleville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26804 | $15,500 | $40,400 | $75,800 | $122,850 | $189,500 |
Source: Ownwell
Property Tax Bills Across Circleville, West Virginia
In Circleville, Pendleton County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is often a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Circleville, the median home price stands at $75,800. Tax bills can vary significantly, with the 25th percentile at $152, the 75th percentile at $489, and the 90th percentile reaching $764. These figures illustrate the range of property tax liabilities that homeowners might face, depending on the specific assessed value of their property. Comparatively, the national median property tax rate is 0.99%, and Circleville's property tax bills reflect a relatively modest burden on homeowners. Understanding these factors helps homeowners anticipate their annual tax obligations and budget accordingly, ensuring they are prepared for their financial responsibilities.
Average Circleville Tax Bill
$291
Average Pendleton County Tax Bill
$396
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Circleville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26804 | $60 | $152 | $291 | $489 | $764 |
Source: Ownwell