South Charleston, West Virginia Property Taxes
The median property tax rate in South Charleston, WV, is 0.98%, slightly lower than the national median of 0.99% but significantly higher than the West Virginia state median of 0.72%. With a median home value of $109,100 in South Charleston, the typical annual property tax bill amounts to $1,052, well below the national median of $2,690. Property taxes in South Charleston are calculated based on the tax assessed value, which usually falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding South Charleston'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 South Charleston 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
South Charleston, 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 South Charleston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Charleston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Charleston 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 South Charleston, West Virginia
Property taxes in South Charleston, West Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Charleston is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within South Charleston set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Charleston 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 South Charleston's effective property tax rate to other areas in Kanawha County and the national median. For comparison, the 25303 zip code has the highest median property tax rate of 0.98%, while the 25309 zip code has the lowest median tax rate of 0.80%. Understanding how these cities compare with South Charleston 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 South Charleston Tax Rate
0.98%
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 South Charleston, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25303 | 0.67% | 0.84% | 0.98% | 0.98% | 1.96% |
| 25309 | 0.56% | 0.76% | 0.80% | 0.98% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across South Charleston, West Virginia
In South Charleston, 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. 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. In South Charleston, the highest median tax bill is $1,172 in zip code 25303, while the lowest is $960 in zip code 25309. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across South Charleston, West Virginia
Source: Ownwell
$23,100
$104,350
$185,600
Average South Charleston Assessed Value
$109,100
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 South Charleston, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25303 | $53,450 | $79,900 | $113,850 | $156,150 | $197,900 |
| 25309 | $38,000 | $71,700 | $105,500 | $163,700 | $304,880 |
Source: Ownwell
Property Tax Bills Across South Charleston, West Virginia
In South Charleston, Kanawha County, WV, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is periodically evaluated by local authorities. Factors such as property size, location, and improvements significantly influence the assessed value. The local tax rate in South Charleston contributes to a median property tax bill of $1,172 in zip code 25303, which is higher than the national median rate of 0.99%. Homeowners in the 25th percentile can expect a tax bill around $674, while those in the 75th percentile might see bills up to $1,572. The highest tax bills, reaching the 90th percentile, can go up to $2,437. These tax bills fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Understanding these factors helps homeowners anticipate their annual financial obligations.
Average South Charleston Tax Bill
$1,052
Average Kanawha County Tax Bill
$804
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across South Charleston, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25303 | $510 | $816 | $1,172 | $1,606 | $2,098 |
| 25309 | $301 | $589 | $960 | $1,533 | $2,909 |
Source: Ownwell