Evans, West Virginia Property Taxes
The median property tax rate in Evans, WV is 0.75%, which is lower than both the national median of 0.99% and the West Virginia state median of 0.72%. Despite this, with the median home value in Evans at $100,300, the typical annual property tax bill is $736, significantly below the national median of $2,690. Property taxes in Evans are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Evans'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 Evans or another part of Jackson County, navigating the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Evans, 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 Evans Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evans with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evans 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 Evans, West Virginia
Property taxes in Evans, 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 Evans is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Evans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evans 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 Evans's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25241 zip code has the highest median property tax rate of 0.75%, while the same zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Evans provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evans Tax Rate
0.75%
Average Jackson County Tax Rate
0.75%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evans, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | 0.43% | 0.60% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Evans, West Virginia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Evans, West Virginia. 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 Jackson 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 Evans, 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. For instance, the median home price in Evans is $100,300, with tax bills ranging from $434 at the 25th percentile to $1,518 at the 90th percentile. The zip code 25241 has the highest and lowest median tax bill at $736. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Evans Assessed Value
$100,300
Average Jackson County Assessed Value
$84,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evans, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | $37,870 | $68,975 | $100,300 | $164,950 | $204,940 |
Source: Ownwell
Property Tax Bills Across Evans, West Virginia
In Evans, WV, located in Jackson County, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, determined by local assessors. Homeowners in Evans can expect their property tax bills to vary significantly, influenced by factors such as the property's condition, location, and recent sales of comparable properties. The median home price in Evans is $100,300. Property tax bills can range widely, with the 25th percentile at $434, the 75th percentile at $1202, and the 90th percentile reaching $1518. These figures indicate that while some homeowners pay relatively low taxes, others may face higher bills depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Evans presents a more affordable option for many homeowners. The highest and lowest median tax bills in the area are both $736, found in the 25241 zip code, reflecting a consistent approach to property tax assessment within this locality.
Average Evans Tax Bill
$736
Average Jackson County Tax Bill
$636
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Evans, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | $222 | $434 | $736 | $1,202 | $1,518 |
Source: Ownwell