Glen Dale, West Virginia Property Taxes
The median property tax rate in Glen Dale, WV is 0.60%, 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 Glen Dale at $119,900, the typical annual property tax bill reaches $761, well below the national median of $2,690. Property taxes in Glen Dale 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 Glen Dale'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 Glen Dale 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
Glen Dale, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$719
Ownwell’s Glen Dale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Dale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Dale 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 Glen Dale, West Virginia
Property taxes in Glen Dale, WV, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Dale is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Glen Dale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Dale 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 Glen Dale's effective property tax rate to other areas in Marshall County and the national median. For comparison, the zip code 26038 has both the highest and lowest median property tax rate of 0.60%. Understanding how these cities compare with Glen Dale provides valuable insights into the varying tax landscape across Marshall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Dale Tax Rate
0.60%
Average Marshall County Tax Rate
0.60%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen Dale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26038 | 0.45% | 0.52% | 0.60% | 0.75% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Glen Dale, West Virginia
In Glen Dale, 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's 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 Glen Dale, 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. The median home price in Glen Dale is $119,900, with tax bills varying significantly. For example, the 25th percentile tax bill is $525, while the 75th percentile tax bill is $1,136. The highest and lowest median tax bill is $761 in the 26038 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Glen Dale Assessed Value
$119,900
Average Marshall County Assessed Value
$76,200
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen Dale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26038 | $53,200 | $86,900 | $119,900 | $160,300 | $222,380 |
Source: Ownwell
Property Tax Bills Across Glen Dale, West Virginia
In Glen Dale, located in Marshall County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is a percentage of the property's market value. The tax rate, or millage rate, is then applied to this assessed value to determine the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and condition. For instance, the median home price in Glen Dale is $119,900. Homeowners in the 25th percentile typically see tax bills around $525, while those in the 75th percentile face bills of about $1136. The 90th percentile tax bill can reach up to $1545. These property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Glen Dale's rates reflect the local economic conditions and public service needs, ensuring homeowners contribute fairly to the community's upkeep.
Average Glen Dale Tax Bill
$761
Average Marshall County Tax Bill
$513
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen Dale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26038 | $302 | $525 | $761 | $1,136 | $1,545 |
Source: Ownwell