Clintonville, West Virginia Property Taxes
The median property tax rate in Clintonville, WV is 0.57%, 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 $60,900 in Clintonville, the typical annual property tax bill is approximately $414, which is well below the national median of $2,690. Property taxes in Clintonville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Clintonville'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 Clintonville 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
Clintonville, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$347
Ownwell’s Clintonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clintonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clintonville 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 Clintonville, West Virginia
Property taxes in Clintonville, West Virginia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Clintonville is 0.57%, which is below the U.S. national median of 0.99%. Local government entities within Clintonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clintonville 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. Understanding how Clintonville's effective property tax rate compares to other areas in Greenbrier County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas. For comparison, the zip code 24931 has both the highest and lowest median property tax rate in the area at 0.57%. This uniform rate across different parts of Greenbrier County indicates a consistent approach to property taxation within the region.
Average Clintonville Tax Rate
0.57%
Average Greenbrier County Tax Rate
0.57%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clintonville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24931 | 0.57% | 0.57% | 0.57% | 0.72% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Clintonville, West Virginia
In Clintonville, 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 Greenbrier 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 Clintonville, 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 Clintonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $414, found in zip code 24931.
Property Tax Assessment Values Across Clintonville, West Virginia
Source: Ownwell
$21,300
$80,125
$138,950
Average Clintonville Assessed Value
$60,900
Average Greenbrier County Assessed Value
$70,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clintonville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24931 | $22,960 | $40,100 | $60,900 | $104,600 | $130,340 |
Source: Ownwell
Property Tax Bills Across Clintonville, West Virginia
In Clintonville, located in Greenbrier County, WV, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value determined by the county assessor. Homeowners in this region can expect their tax bills to vary significantly depending on the value of their property. For instance, the median home price in Clintonville is $60,900, which influences the overall tax burden. The tax bills in Clintonville range from the 25th percentile at $285 to the 75th percentile at $601, with the 90th percentile reaching $871. This variability highlights how different factors, such as property size and location, impact the assessed value and consequently, the tax amount. Compared to the national median property tax rate of 0.99%, Clintonville's property tax bills reflect the local economic conditions and property values. Homeowners should be aware of these factors as they directly affect their annual financial planning and property investment decisions.
Average Clintonville Tax Bill
$414
Average Greenbrier County Tax Bill
$454
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Clintonville, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24931 | $108 | $285 | $414 | $601 | $871 |
Source: Ownwell