Rosedale, Calhoun County, West Virginia Property Taxes
The median property tax rate in Rosedale, WV is 0.50%, significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in Rosedale at $56,400, the typical annual property tax bill is $268, far below the national median of $2,690. Property taxes in Rosedale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rosedale'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 Rosedale or another part of Calhoun County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rosedale, Calhoun County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$282
$262
Ownwell’s Rosedale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosedale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosedale 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 Rosedale, Calhoun County, West Virginia
Property taxes in Rosedale, West Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosedale is 0.50%, which is 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 26636 zip code has the highest median property tax rate of 0.50%, while the 26636 zip code also has the lowest median tax rate of 0.50%. Understanding how these cities compare with Rosedale provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rosedale Tax Rate
0.50%
Average Calhoun County Tax Rate
0.50%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosedale, Calhoun County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | 0.27% | 0.46% | 0.50% | 0.50% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Rosedale, Calhoun County, West Virginia
In Rosedale, 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 Calhoun 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. 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. The zip code with the highest median tax bill is 26636, with a median tax bill of $268.00, while the lowest median tax bill is also in 26636, at $268.00.
Property Tax Assessment Values Across Rosedale, Calhoun County, West Virginia
Source: Ownwell
$39,450
$52,300
$65,150
Average Rosedale Assessed Value
$56,400
Average Calhoun County Assessed Value
$50,300
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rosedale, Calhoun County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | $33,200 | $48,700 | $56,400 | $74,400 | $103,200 |
Source: Ownwell
Property Tax Bills Across Rosedale, Calhoun County, West Virginia
In Rosedale, Calhoun County, WV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Rosedale is $56,400. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. Homeowners in Rosedale typically see tax bills ranging from $200 at the 25th percentile to $348 at the 75th percentile, with the 90th percentile reaching up to $558. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, homeowners in Rosedale often benefit from relatively lower tax obligations. These property tax bills significantly impact homeowners by affecting their overall housing costs and potentially influencing their financial planning and budgeting decisions.
Average Rosedale Tax Bill
$268
Average Calhoun County Tax Bill
$231
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosedale, Calhoun County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26636 | $136 | $200 | $268 | $348 | $558 |
Source: Ownwell