Hines, West Virginia Property Taxes
The median property tax rate in Hines, WV is 0.57%, 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 Hines at $36,700, the typical annual property tax bill is $203, well below the national median of $2,690. Property taxes in Hines are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hines'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 Hines 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
Hines, 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 Hines Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hines. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Hines to provide an estimate of your property tax bill. This user-friendly tool offers a clear picture of potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Hines, West Virginia
Property taxes in Hines, 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 Hines is 0.57%, which is lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Hines set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hines 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 Hines' effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25958 zip code has both the highest and lowest median property tax rate of 0.57%. Understanding how these areas compare with Hines 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 Hines 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 Hines, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25958 | 0.16% | 0.57% | 0.57% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Hines, West Virginia
In Hines, 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 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 Hines, 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 Hines 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 $203.00 in the 25958 zip code, which also has the lowest median tax bill, highlighting the uniformity in tax assessments.
Average Hines Assessed Value
$36,700
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 Hines, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25958 | $6,220 | $19,100 | $36,700 | $51,800 | $66,960 |
Source: Ownwell
Property Tax Bills Across Hines, West Virginia
In Hines, located in Greenbrier County, WV, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. The median home price in Hines is $36,700. To determine the tax bill, the local tax rate is applied to this assessed value. Various factors influence this calculation, including property size, location, and any applicable exemptions. For homeowners in Hines, the tax burden can vary significantly. The 25th percentile tax bill is around $95, while the 75th percentile tax bill reaches $370. Those at the 90th percentile can expect to pay approximately $458. The highest median tax bill in the area is $203, found in the 25958 zip code. These figures illustrate that property taxes in Hines can have a notable impact on household budgets. However, compared to the national median property tax rate of 0.99%, Hines offers relatively affordable property tax rates, making it an attractive option for homeowners.
Average Hines Tax Bill
$203
Average Greenbrier County Tax Bill
$454
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Hines, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25958 | $42 | $95 | $203 | $370 | $458 |
Source: Ownwell