Kanawha Head, West Virginia Property Taxes
The median property tax rate in Kanawha Head, WV is 0.53%, significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in Kanawha Head at $83,700, the typical annual property tax bill is $324, well below the national median of $2,690. Property taxes in Kanawha Head are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kanawha Head'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 Kanawha Head 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
Kanawha Head, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$444
Ownwell’s Kanawha Head Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kanawha Head with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kanawha Head 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 Kanawha Head, West Virginia
Property taxes in Kanawha Head, West Virginia, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Kanawha Head is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Kanawha Head set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kanawha Head 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 Kanawha Head's effective property tax rate to other areas in West Virginia and the national median. For comparison, the zip code 26228 has the highest median property tax rate of 0.53%, while the same zip code also has the lowest median tax rate of 0.53%. Understanding how these areas compare with Kanawha Head provides valuable insights into the varying tax landscape across Upshur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kanawha Head Tax Rate
0.53%
Average Upshur County Tax Rate
0.53%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kanawha Head, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
26228 | 0.21% | 0.35% | 0.53% | 0.53% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Kanawha Head, West Virginia
In Kanawha Head, 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 Upshur 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. 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. The median home price in Kanawha Head is $83,700, with tax bills ranging from $133 at the 25th percentile to $929 at the 90th percentile. The highest and lowest median tax bills in the area are both $324, found in the 26228 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Kanawha Head, West Virginia
Source: Ownwell
$31,200
$67,850
$104,500
Average Kanawha Head Assessed Value
$83,700
Average Upshur County Assessed Value
$85,400
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kanawha Head, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
26228 | $8,200 | $40,425 | $83,700 | $122,800 | $177,250 |
Source: Ownwell
Property Tax Bills Across Kanawha Head, West Virginia
In Kanawha Head, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. Homeowners in this region of Upshur County are subject to a median property tax rate that aligns closely with the national median of 0.99%. The median home price in Kanawha Head is $83,700, which significantly influences the tax bill amount. For instance, homeowners at the 25th percentile can expect a tax bill of approximately $133, while those at the 75th percentile face a tax bill around $586. At the 90th percentile, the tax bill can reach up to $929. These figures illustrate the variability in property tax bills based on home values and local tax rates. The highest and lowest median tax bills in the area both stand at $324, found in the 26228 zip code. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners differently based on their property's assessed value.
Average Kanawha Head Tax Bill
$324
Average Upshur County Tax Bill
$463
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Kanawha Head, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
26228 | $50 | $133 | $324 | $586 | $929 |
Source: Ownwell