Marion County Property Taxes
The median property tax rate in Marion County is 0.74%, which is slightly higher than the West Virginia state median of 0.72% but still below the national median of 0.99%. With a median home value of $104,800, the typical annual property tax bill in Marion County amounts to $886, significantly lower than the national median of $2,690. Property taxes in Marion County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Marion County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fairmont or another part of Marion County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marion County 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 Marion County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Marion County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Marion County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Marion County, West Virginia
Property taxes in Marion County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marion County is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Marion County set these rates annually, and they can vary significantly between different areas within the county. Each year, Marion County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Marion County's effective property tax rate with other counties in West Virginia and the national median. For comparison, the city of Pleasant Valley has one of the higher property tax rates in West Virginia at 1.17%, while the city of Burton boasts one of the lowest at 0.63%. Analyzing how Marion County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marion County Tax Rate
0.74%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marion County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barrackville | 0.63% | 0.72% | 0.88% | 0.88% | 1.76% |
| Baxter | 0.31% | 0.54% | 0.74% | 0.74% | 1.48% |
| Burton | 0.45% | 0.49% | 0.63% | 0.93% | 1.26% |
| Carolina | 0.33% | 0.56% | 0.74% | 1.48% | 1.48% |
| Colfax | 0.58% | 0.74% | 0.74% | 1.30% | 1.48% |
| Fairmont | 0.56% | 0.70% | 0.74% | 0.89% | 1.78% |
| Fairview | 0.45% | 0.60% | 0.74% | 0.89% | 1.48% |
| Farmington | 0.40% | 0.60% | 0.74% | 0.84% | 1.48% |
| Four States | 0.26% | 0.74% | 0.74% | 1.48% | 1.48% |
| Grafton | 0.63% | 0.66% | 0.74% | 0.74% | 0.74% |
| Grant Town | 0.42% | 0.74% | 0.89% | 0.89% | 1.78% |
| Idamay | 0.41% | 0.52% | 0.74% | 0.74% | 1.48% |
| Kingmont | 0.53% | 0.63% | 0.78% | 1.56% | 1.56% |
| Mannington | 0.44% | 0.61% | 0.74% | 0.89% | 1.48% |
| Metz | 0.49% | 0.62% | 0.74% | 0.74% | 1.48% |
| Monongah | 0.60% | 0.74% | 0.89% | 1.48% | 1.78% |
| Montana Mines | 0.46% | 0.74% | 0.74% | 1.48% | 1.48% |
| Pleasant Valley | 0.86% | 0.98% | 1.17% | 1.37% | 1.48% |
| Rachel | 0.28% | 0.50% | 0.74% | 0.74% | 1.48% |
| Rivesville | 0.46% | 0.64% | 0.74% | 0.89% | 1.48% |
| Shinnston | 0.51% | 0.71% | 0.74% | 0.74% | 0.75% |
| Smithfield | 0.62% | 0.65% | 0.74% | 0.74% | 0.74% |
| Wallace | 0.27% | 0.46% | 0.74% | 0.74% | 0.82% |
| Worthington | 0.45% | 0.63% | 0.74% | 0.74% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Marion County, West Virginia
In Marion County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Marion County Appraisal District. The assessed value, however, 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. Assessment notices in Marion County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Grafton has the highest median tax bill at $1,634, while Four States has the lowest at $236. Being aware of these valuation processes in Marion County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Marion County, West Virginia
Source: Ownwell
$7,100
$122,075
$237,050
Average Marion County Assessed Value
$104,800
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marion County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barrackville | $18,550 | $38,975 | $114,700 | $149,500 | $190,410 |
| Baxter | $14,690 | $37,850 | $53,300 | $70,350 | $109,950 |
| Burton | $34,200 | $55,800 | $73,000 | $85,875 | $99,690 |
| Carolina | $21,300 | $41,400 | $59,400 | $77,750 | $99,300 |
| Colfax | $54,820 | $89,425 | $144,450 | $200,175 | $322,600 |
| Fairmont | $39,020 | $75,700 | $121,300 | $183,800 | $267,500 |
| Fairview | $13,900 | $48,450 | $80,600 | $131,200 | $189,900 |
| Farmington | $17,720 | $41,700 | $69,800 | $110,000 | $181,760 |
| Four States | $5,220 | $14,450 | $31,900 | $42,175 | $82,470 |
| Grafton | $146,740 | $154,675 | $237,050 | $289,400 | $326,780 |
| Grant Town | $10,250 | $39,550 | $62,150 | $81,800 | $105,150 |
| Idamay | $41,850 | $63,525 | $79,050 | $102,975 | $143,250 |
| Kingmont | $18,600 | $59,700 | $96,900 | $151,100 | $180,920 |
| Mannington | $22,500 | $44,500 | $76,200 | $120,000 | $174,900 |
| Metz | $18,820 | $42,100 | $81,500 | $143,600 | $183,440 |
| Monongah | $20,480 | $44,700 | $61,800 | $78,600 | $159,160 |
| Montana Mines | $16,050 | $32,225 | $63,400 | $102,450 | $165,340 |
| Pleasant Valley | $9,720 | $15,750 | $25,800 | $35,850 | $41,880 |
| Rachel | $11,200 | $28,200 | $50,600 | $78,200 | $105,140 |
| Rivesville | $25,470 | $51,375 | $92,150 | $137,075 | $180,810 |
| Shinnston | $100,100 | $108,425 | $163,400 | $292,300 | $382,930 |
| Smithfield | $141,780 | $176,100 | $204,300 | $272,300 | $291,020 |
| Wallace | $26,180 | $34,500 | $70,650 | $114,275 | $154,770 |
| Worthington | $12,380 | $40,500 | $73,900 | $114,900 | $179,520 |
Source: Ownwell
Property Tax Bills Across Marion County, West Virginia
In Marion County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Marion County experience a range of tax bills depending on their property values. For example, the median home price in the county is $104,800. Factors such as property size, location, and improvements can influence the assessed value. The tax bill can vary significantly, with the 25th percentile being around $498 and the 75th percentile reaching up to $1383. At the higher end, the 90th percentile tax bill can be as much as $2001. Grafton, a city within the county, has the highest median tax bill of $1,634, while Four States has the lowest at $236. These variations can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Marion County Tax Bill
$886
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Marion County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barrackville | $172 | $409 | $929 | $1,275 | $1,678 |
| Baxter | $106 | $177 | $346 | $612 | $1,039 |
| Burton | $203 | $286 | $446 | $671 | $872 |
| Carolina | $154 | $285 | $452 | $640 | $815 |
| Colfax | $470 | $829 | $1,076 | $1,586 | $2,391 |
| Fairmont | $313 | $641 | $1,041 | $1,536 | $2,194 |
| Fairview | $124 | $311 | $648 | $999 | $1,469 |
| Farmington | $115 | $294 | $529 | $874 | $1,336 |
| Four States | $36 | $67 | $236 | $442 | $611 |
| Grafton | $922 | $1,137 | $1,634 | $2,083 | $2,398 |
| Grant Town | $88 | $278 | $536 | $805 | $1,107 |
| Idamay | $239 | $378 | $574 | $799 | $1,120 |
| Kingmont | $241 | $432 | $844 | $1,228 | $1,672 |
| Mannington | $167 | $343 | $613 | $961 | $1,430 |
| Metz | $140 | $337 | $638 | $1,092 | $1,515 |
| Monongah | $121 | $383 | $571 | $871 | $1,180 |
| Montana Mines | $129 | $257 | $496 | $874 | $1,407 |
| Pleasant Valley | $112 | $213 | $381 | $549 | $649 |
| Rachel | $47 | $143 | $345 | $576 | $769 |
| Rivesville | $189 | $399 | $734 | $1,071 | $1,520 |
| Shinnston | $612 | $746 | $966 | $2,175 | $2,838 |
| Smithfield | $952 | $1,058 | $1,514 | $1,771 | $2,058 |
| Wallace | $145 | $219 | $362 | $656 | $882 |
| Worthington | $109 | $300 | $577 | $905 | $1,350 |
Source: Ownwell