Lewisburg, Greenbrier County, West Virginia Property Taxes

Name: Property Tax Bills Across Lewisburg, Greenbrier County, West Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lewisburg, WV effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but lower than the West Virginia state median of 0.72%.
Median Lewisburg, WV home value: $138,950
Median annual Lewisburg, WV tax bill: $956, $1,444 lower than the national median property tax bill of $2,400.

How are property taxes in Greenbrier calculated?

Property taxes in Lewisburg, WV are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Lewisburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lewisburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lewisburg, Greenbrier County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.57%

Estimate Property Tax Bill

$792

$735

Ownwell’s Lewisburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lewisburg with just two data points. By entering your property's estimated assessed value, our calculator applies Lewisburg’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Greenbrier County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lewisburg, Greenbrier County, West Virginia

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in establishing tax rates and budgets, this is the crux of the annual process.

In Lewisburg, located in Greenbrier County, WV, property tax rates reflect these calculations. The effective property tax rate in Lewisburg is consistent with the county's average, offering a balanced approach to funding local services. When comparing Lewisburg’s rate to other cities in West Virginia and the national median, it’s evident that property taxes here are relatively low. The national median property tax rate stands at 1.02%, while the median property tax bill is $2400. This positions Lewisburg as an attractive locale for property owners seeking affordability in their tax obligations. The effective management of tax rates ensures that residents receive necessary services without excessive financial burden, making Lewisburg a desirable place to live and invest in property.

Property Tax Rates Across Lewisburg, Greenbrier County, West Virginia

Source: Ownwell

0.57%

0.86%

1.15%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lewisburg Tax Rate

0.57%

Median Effective Greenbrier County Tax Rate

0.57%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lewisburg, Greenbrier County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24901	0.43%	0.57%	0.57%	0.80%	1.15%

Source: Ownwell

Property Tax Assessment Values Across Lewisburg, Greenbrier County, West Virginia

When examining property taxes in Lewisburg, WV, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Greenbrier County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Greenbrier County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lewisburg. For example, the median home price in Lewisburg is $138,950, with tax bills ranging significantly across the county. Zip code 24901 has the highest median home price at $138,950.

Property Tax Assessment Values Across Lewisburg, Greenbrier County, West Virginia

Source: Ownwell

$21,300

$80,125

$138,950

Median Lewisburg Market Value

$138,950

Median Greenbrier County Market Value

$70,500

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lewisburg, Greenbrier County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24901	$38,230	$76,050	$138,950	$205,700	$295,570

Source: Ownwell

Property Tax Bills Across Lewisburg, Greenbrier County, West Virginia

Property tax bills in Lewisburg, located in Greenbrier County, WV, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the final tax bill. The median home price in Lewisburg is $138,950, and the median property tax bill is $956, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include property size, location, and improvements made to the property. Homeowners in Lewisburg may find their property tax bills vary significantly, with the 25th percentile at $491 and the 75th percentile at $1,548. Ownwell can assist homeowners by providing expert property tax appeal services. By leveraging local market data and a deep understanding of property tax laws, Ownwell can identify opportunities for tax reductions, potentially saving homeowners a substantial amount on their annual tax bills. This service ensures that homeowners only pay their fair share, aligning their tax bills more closely with their property’s true market value.

Property Tax Bills Across Lewisburg, Greenbrier County, West Virginia

Source: Ownwell

$151

$554

$956

Median Lewisburg Tax Bill

$956

Median Greenbrier County Tax Bill

$454

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Lewisburg, Greenbrier County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24901	$206	$491	$956	$1,548	$2,339

Source: Ownwell