Rosedale, West Virginia Property Taxes
The median property tax rate in Rosedale, WV is 0.46%, significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With a median home value of $62,250 in Rosedale, the typical annual property tax bill is about $325, far below the national median of $2,690. Property taxes in Rosedale are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Rosedale'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 Rosedale or another part of Braxton County, gaining insight into the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Rosedale, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$286
Ownwell’s Rosedale Property Tax Bill Calculator assists homeowners, real estate investors, and prospective buyers in estimating their annual property taxes in Rosedale with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Rosedale to provide an estimate of your property tax bill. This valuable tool helps you gauge potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property's assessed value is determined by Braxton County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Rosedale, West Virginia
Property taxes in Rosedale, 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 Rosedale is 0.46%, which is significantly lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Rosedale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosedale 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 Rosedale's effective property tax rate to other counties in West Virginia and the national median. For comparison, the zip code 26636 has both the highest and lowest median property tax rate of 0.46%. Understanding how these cities compare with Rosedale provides valuable insights into the varying tax landscape across Braxton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rosedale Tax Rate
0.46%
Average Braxton County Tax Rate
0.46%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosedale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | 0.27% | 0.46% | 0.46% | 0.46% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Rosedale, West Virginia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rosedale, 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 Braxton 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 Rosedale, 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. For example, the highest median tax bill in Rosedale is $325 in the 26636 zip code, while the lowest is also $325 in the same 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 in Rosedale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rosedale Assessed Value
$62,250
Average Braxton County Assessed Value
$63,900
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rosedale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | $6,780 | $31,525 | $62,250 | $86,450 | $127,390 |
Source: Ownwell
Property Tax Bills Across Rosedale, West Virginia
In Rosedale, Braxton County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Rosedale is $62,250. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners in Rosedale, the tax bill can vary significantly. The 25th percentile tax bill is $175, while the 75th percentile tax bill is $479, and the 90th percentile reaches $728. These figures highlight the range of property tax burdens in the area. Compared to the national median property tax rate of 0.99%, Rosedale's property tax rates can be considered relatively modest. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Rosedale Tax Bill
$325
Average Braxton County Tax Bill
$333
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosedale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | $92 | $175 | $325 | $479 | $728 |
Source: Ownwell