Saint Albans, West Virginia Property Taxes
The median property tax rate in Saint Albans, WV is 0.76%, which is lower than the national median of 0.99% but slightly higher than the West Virginia state median of 0.72%. With the median home value in Saint Albans at $90,600, the typical annual property tax bill amounts to $818, well below the national median of $2,690. Property taxes in Saint Albans are determined based on the assessed value, which is often less than the market value due to exemptions like the primary residence exemption. Navigating Saint Albans' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint Albans or another part of the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Albans, West Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Saint Albans Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Albans with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Albans 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 Saint Albans, West Virginia
Property taxes in Saint Albans, 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 Saint Albans is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Albans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Albans 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 Saint Albans' effective property tax rate to other areas in Kanawha County and the national median. For comparison, the zip code 25177 has both the highest and lowest median property tax rate of 0.76%. Understanding how these areas compare with Saint Albans 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 Saint Albans 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 Saint Albans, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
25177 | 0.54% | 0.75% | 0.76% | 0.98% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Saint Albans, West Virginia
In Saint Albans, 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 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 Saint Albans, 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 Saint Albans 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 $818, found in the 25177 zip code.
Property Tax Assessment Values Across Saint Albans, West Virginia
Source: Ownwell
$23,100
$104,350
$185,600
Average Saint Albans Assessed Value
$90,600
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 Saint Albans, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
25177 | $36,000 | $68,500 | $90,600 | $125,800 | $165,800 |
Source: Ownwell
Property Tax Bills Across Saint Albans, West Virginia
In Saint Albans, Kanawha County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the home's market value. Homeowners in this region can expect their tax bills to vary significantly depending on their property's assessed value and the local tax rate. For instance, the median home price in Saint Albans is $90,600. Property tax bills in this area range widely, with the 25th percentile at $526 and the 75th percentile at $1,185. The 90th percentile tax bill can go up to $1,578. The median property tax bill in the area is $818, which is lower than the national median property tax rate of 0.99%. These tax bills impact homeowners by influencing their overall housing costs. Lower tax bills can make homeownership more affordable, while higher tax bills can add a significant expense to the homeowner's budget. Understanding these factors is crucial for homeowners to manage their finances effectively.
Average Saint Albans Tax Bill
$818
Average Kanawha County Tax Bill
$804
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Albans, West Virginia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
25177 | $296 | $526 | $818 | $1,185 | $1,578 |
Source: Ownwell