Auto, West Virginia Property Taxes
The median property tax rate in AUTO, WV is 0.57%, considerably lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in AUTO at $106,100, the typical annual property tax bill reaches $608, significantly below the national median of $2,690. Property taxes in AUTO 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 AUTO'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 AUTO or another part of Greenbrier County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Auto, West Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s AUTO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in AUTO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in AUTO 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 Auto, West Virginia
Property taxes in AUTO, 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 AUTO is 0.57%, lower than the U.S. national median of 0.99%. Local government entities within AUTO set these rates annually, and they can vary significantly across different neighborhoods. Each year, AUTO 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 AUTO's effective property tax rate to other areas in Greenbrier County and the national median. For comparison, the 24966 zip code has both the highest and lowest median property tax rate of 0.57%. Understanding how these areas compare with AUTO provides valuable insights into the varying tax landscape across Greenbrier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Auto Tax Rate
0.57%
Average Greenbrier County Tax Rate
0.57%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Auto, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24966 | 0.57% | 0.57% | 0.57% | 0.57% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Auto, West Virginia
In AUTO, 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 Greenbrier County Appraisal District 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 AUTO, 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 AUTO helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area both stand at $608, specifically in the 24966 zip code.
Average Auto Assessed Value
$106,100
Average Greenbrier County Assessed Value
$70,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Auto, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24966 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 |
Source: Ownwell
Property Tax Bills Across Auto, West Virginia
In the city of AUTO, located in Greenbrier County, WV, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor's office and reflects a percentage of the property's market value. Once the assessed value is established, the property tax rate is applied to calculate the tax bill. Several factors influence the tax bill, including property size, location, and market conditions. The median home price in AUTO is $106,100, with property tax bills at the 25th, 75th, and 90th percentiles all being $608. This uniformity in tax bills suggests a consistent application of the tax rate across different property values. For homeowners, this means that property taxes are a predictable expense, making it easier to budget for annual costs. Compared to the national median property tax rate of 0.99%, AUTO offers a relatively stable and manageable tax environment for its residents. This stability can be a significant factor for those considering homeownership in Greenbrier County.
Average Auto Tax Bill
$608
Average Greenbrier County Tax Bill
$454
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Auto, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24966 | $608 | $608 | $608 | $608 | $608 |
Source: Ownwell