Clendenin, West Virginia Property Taxes
The median property tax rate in Clendenin, WV is 0.76%, slightly higher than the West Virginia state median of 0.72% but lower than the national median of 0.99%. With a median home value of $68,800 in Clendenin, the typical annual property tax bill amounts to $531, which is well below the national median of $2,690. Property taxes in Clendenin are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Clendenin'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 Clendenin 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
Clendenin, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$523
Ownwell’s Clendenin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clendenin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clendenin 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 Clendenin, West Virginia
Property taxes in Clendenin, 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 Clendenin is 0.76%, which is lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Clendenin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clendenin 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 Clendenin's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25045 zip code has the highest median property tax rate of 0.76%, while the 25045 zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with Clendenin provides valuable insights into the varying tax landscape across Kanawha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clendenin Tax Rate
0.76%
Average Kanawha County Tax Rate
0.76%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clendenin, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25045 | 0.42% | 0.59% | 0.76% | 0.91% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Clendenin, West Virginia
In Clendenin, 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 Kanawha County Assessor's Office 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 Clendenin, 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 Clendenin 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 25045 at $531, which is significantly lower than the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Clendenin, West Virginia
Source: Ownwell
$23,100
$104,350
$185,600
Average Clendenin Assessed Value
$68,800
Average Kanawha County Assessed Value
$88,100
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clendenin, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25045 | $15,000 | $34,800 | $68,800 | $110,875 | $155,730 |
Source: Ownwell
Property Tax Bills Across Clendenin, West Virginia
In Clendenin, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price is $68,800, the assessed value is determined by local assessment rates. The property tax rate in Clendenin is applied to this assessed value to determine the annual tax bill. Homeowners in Clendenin can expect tax bills to vary significantly. The 25th percentile tax bill is around $260, while the 75th percentile reaches $875, and the 90th percentile can be as high as $1,307. This variation is influenced by factors such as property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in Clendenin might find their rates relatively manageable, but the impact on individual finances can still be significant. Understanding how these factors come together can help homeowners better anticipate their annual property tax obligations.
Average Clendenin Tax Bill
$531
Average Kanawha County Tax Bill
$804
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Clendenin, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25045 | $123 | $260 | $531 | $875 | $1,307 |
Source: Ownwell