Poca, West Virginia Property Taxes
The median property tax rate in Poca, WV is 0.76%, slightly higher than the state median of 0.72% but lower than the national median of 0.99%. With a median home value of $68,700 in Poca, the typical annual property tax bill amounts to $267, which is significantly less than the national median of $2,690. Property taxes in Poca are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Poca'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 Poca 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
Poca, 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 POCA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in POCA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in POCA 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 Poca, West Virginia
Property taxes in Poca, West Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poca is 0.76%, lower than the U.S. national median of 0.99%. Local government entities within Poca set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poca 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 Poca's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25159 zip code has the highest median property tax rate of 0.76%, while the same zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with Poca provides valuable insights into the varying tax landscape across Kanawha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poca Tax Rate
0.76%
Average Kanawha County Tax Rate
0.76%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poca, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25159 | 0.46% | 0.57% | 0.76% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Poca, West Virginia
In Poca, 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 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 Poca, 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 Poca helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Poca is $267 in zip code 25159, while the lowest is also $267 in the same zip code.
Average Poca Assessed Value
$68,700
Average Kanawha County Assessed Value
$88,100
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poca, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25159 | $16,060 | $35,800 | $68,700 | $102,550 | $122,860 |
Source: Ownwell
Property Tax Bills Across Poca, West Virginia
In Poca, located in Kanawha County, WV, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. For homeowners in Poca, the tax bill can vary significantly. The 25th percentile tax bill is around $145, while the 75th percentile tax bill reaches approximately $649. At the 90th percentile, homeowners might see tax bills as high as $878. The median tax bill in some areas of the city, such as zip code 25159, stands at $267. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Poca's property tax rates can offer relatively affordable options for homeowners, although the specific amount can vary based on the assessed value of their property.
Average Poca Tax Bill
$267
Average Kanawha County Tax Bill
$804
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Poca, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25159 | $71 | $145 | $267 | $649 | $878 |
Source: Ownwell