Upperglade, West Virginia Property Taxes
The median property tax rate in UPPERGLADE, 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 $45,200 in UPPERGLADE, the typical annual property tax bill amounts to $213, well below the national median of $2,690. Property taxes in UPPERGLADE are calculated based on the assessed value, which is often less than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding UPPERGLADE's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of UPPERGLADE or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Upperglade, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$185
Ownwell’s UPPERGLADE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in UPPERGLADE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UPPERGLADE 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 Upperglade, West Virginia
Property taxes in UPPERGLADE, 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 UPPERGLADE is 0.41%, significantly lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within UPPERGLADE set these rates annually, and they can vary significantly across different neighborhoods. Each year, UPPERGLADE 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 UPPERGLADE's effective property tax rate to other areas in West Virginia and the national median. For comparison, the highest and lowest median property tax rates in Webster County are both 0.41%, found in the zip code 26266. Understanding how these areas compare with UPPERGLADE provides valuable insights into the varying tax landscape across Webster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Upperglade Tax Rate
0.41%
Average Webster County Tax Rate
0.41%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Upperglade, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26266 | 0.19% | 0.41% | 0.41% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Upperglade, West Virginia
In UPPERGLADE, 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 Webster 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 UPPERGLADE, 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 UPPERGLADE 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 $213.00 in zip code 26266, while the lowest median tax bill is also $213.00 in the same zip code.
Average Upperglade Assessed Value
$45,200
Average Webster County Assessed Value
$32,900
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Upperglade, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26266 | $8,060 | $24,300 | $45,200 | $66,975 | $104,490 |
Source: Ownwell
Property Tax Bills Across Upperglade, West Virginia
In Upperglade, Webster County, WV, property tax bills are determined by a few key factors. The primary component is the assessed value of the home, which in this area has a median home price of $45,200. Property tax rates are applied to this assessed value to calculate the annual tax bill. In Upperglade, the median property tax bill stands at $213.00, which is significantly lower than the national median property tax rate of 0.99%. For homeowners, this means that the financial burden of property taxes is relatively light compared to other parts of the country. The tax bills can vary, with the 25th percentile at $113, the 75th percentile at $341, and the 90th percentile reaching up to $462. These variations depend on the specific assessed value of each property and any applicable exemptions or deductions. Understanding these factors can help homeowners in Upperglade better anticipate their annual property tax expenses and manage their budgets accordingly.
Average Upperglade Tax Bill
$213
Average Webster County Tax Bill
$149
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Upperglade, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26266 | $38 | $113 | $213 | $341 | $462 |
Source: Ownwell