Weirton, Brooke County, West Virginia Property Taxes
The median property tax rate in Weirton, WV is 0.95%, slightly lower than the national median of 0.99% but higher than the West Virginia state median of 0.72%. With a median home value of $78,800 in Weirton, the typical annual property tax bill is around $720, which is significantly below the national median of $2,690. Property taxes in Weirton are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Weirton'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 Weirton or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weirton, Brooke County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$749
$695
Ownwell’s Weirton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weirton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weirton 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 Weirton, Brooke County, West Virginia
Property taxes in Weirton, 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 Weirton is 0.95%, slightly lower than the U.S. national median of 0.99%. Local government entities within Weirton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weirton 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 Weirton's effective property tax rate to other areas in Brooke County and the national median. For comparison, the 26062 zip code has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these figures compare with Weirton provides valuable insights into the varying tax landscape across Brooke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Weirton Tax Rate
0.95%
Average Brooke County Tax Rate
0.80%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weirton, Brooke County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26062 | 0.53% | 0.72% | 0.95% | 0.95% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Weirton, Brooke County, West Virginia
In Weirton, 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 Brooke 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 Weirton, 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 Weirton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 26062 in Weirton has both the highest and lowest median tax bills at $720.
Property Tax Assessment Values Across Weirton, Brooke County, West Virginia
Source: Ownwell
$31,500
$56,375
$81,250
Average Weirton Assessed Value
$78,800
Average Brooke County Assessed Value
$65,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Weirton, Brooke County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26062 | $29,820 | $48,000 | $78,800 | $105,800 | $183,380 |
Source: Ownwell
Property Tax Bills Across Weirton, Brooke County, West Virginia
In Weirton, located in Brooke County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the property tax rate set by the county to compute the annual tax bill. The median home price in Weirton is $78,800, and the property tax rate in this region results in a median tax bill of approximately $720. This figure is notably lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For homeowners in Weirton, property tax bills can range significantly, with the 25th percentile paying around $440 annually and the 90th percentile facing bills as high as $1,834. These taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Weirton Tax Bill
$720
Average Brooke County Tax Bill
$517
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Weirton, Brooke County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26062 | $235 | $440 | $720 | $1,055 | $1,834 |
Source: Ownwell