Kenna, Jackson County, West Virginia Property Taxes
The median property tax rate in Kenna, WV is 0.75%, slightly higher than the state median of 0.72% but still below the national median of 0.99%. With the median home value in Kenna at $85,400, the typical annual property tax bill is approximately $601, significantly less than the national median of $2,690. Property taxes in Kenna are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Kenna'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 Kenna or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kenna, Jackson County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$641
$594
Ownwell’s Kenna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kenna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kenna 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 Kenna, Jackson County, West Virginia
Property taxes in Kenna, 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 Kenna is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Kenna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kenna 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 Kenna's effective property tax rate to other counties in West Virginia and the national median. For comparison, the zip code 25248 has both the highest and lowest median property tax rate of 0.75%. Understanding how these cities compare with Kenna provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kenna Tax Rate
0.75%
Average Jackson County Tax Rate
0.75%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kenna, Jackson County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25248 | 0.39% | 0.55% | 0.75% | 0.76% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Kenna, Jackson County, West Virginia
In Kenna, 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 Jackson 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 Kenna, 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. The median home price in Kenna is $85,400, with tax bills ranging from $338 at the 25th percentile to $1,577 at the 90th percentile. The highest and lowest median tax bills are both $601 in the 25248 zip code. Being aware of these valuation processes in Kenna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Kenna, Jackson County, West Virginia
Source: Ownwell
$60,900
$82,975
$105,050
Average Kenna Assessed Value
$85,400
Average Jackson County Assessed Value
$84,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kenna, Jackson County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25248 | $28,150 | $52,100 | $85,400 | $134,950 | $213,760 |
Source: Ownwell
Property Tax Bills Across Kenna, Jackson County, West Virginia
Property tax bills in Kenna, Jackson County, WV, are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Kenna can expect varying tax bills depending on their property's assessed value and the local tax rate. For instance, properties in the 25th percentile have a tax bill around $338, while those in the 75th percentile see tax bills near $1,000. The highest median tax bill in the area is $601, found in the 25248 zip code. Several factors influence the tax bill, including property size, location, and any improvements made. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. While the median home price in Kenna is $85,400, the property tax rate in Jackson County may be more favorable compared to the national median property tax rate of 0.99%.
Average Kenna Tax Bill
$601
Average Jackson County Tax Bill
$636
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Kenna, Jackson County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25248 | $173 | $338 | $601 | $1,000 | $1,577 |
Source: Ownwell