Bruno, Logan County, West Virginia Property Taxes
The median property tax rate in Bruno, WV is 0.75%, slightly above the state median of 0.72% but still below the national median of 0.99%. With a median home value of $34,500 in Bruno, the typical annual property tax bill is around $269, significantly lower than the national median of $2,690. Property taxes in Bruno are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bruno's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Bruno or in other parts of the county, being well-informed about the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Bruno, Logan County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$259
$240
Ownwell’s Bruno Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bruno with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bruno 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 Bruno, Logan County, West Virginia
Property taxes in Bruno, 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 Bruno is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Bruno set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bruno 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 Bruno's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25611 zip code has both the highest and lowest median property tax rate of 0.75%. Understanding how these areas compare with Bruno provides valuable insights into the varying tax landscape across Logan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bruno Tax Rate
0.75%
Average Logan County Tax Rate
0.75%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bruno, Logan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25611 | 0.26% | 0.49% | 0.75% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Bruno, Logan County, West Virginia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bruno, West Virginia. 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 Logan County Appraisal District 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 Bruno, 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 Bruno helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the region is $269 in zip code 25611, while the lowest is also $269 in the same zip code.
Property Tax Assessment Values Across Bruno, Logan County, West Virginia
Source: Ownwell
$24,700
$44,500
$64,300
Average Bruno Assessed Value
$34,500
Average Logan County Assessed Value
$40,900
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bruno, Logan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25611 | $11,130 | $22,175 | $34,500 | $48,575 | $69,380 |
Source: Ownwell
Property Tax Bills Across Bruno, Logan County, West Virginia
In Bruno, located in Logan County, WV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local property tax rate. The median home price in Bruno is $34,500, and the property tax rate in Logan County aligns closely with the national median rate of 0.99%. Several factors influence the final tax bill, including the assessed value of the property, any applicable exemptions, and the specific tax rate set by local authorities. For instance, at the 25th percentile, homeowners can expect a tax bill of about $155, while at the 75th percentile, the tax bill rises to approximately $356. Those at the 90th percentile may see tax bills around $506. These property taxes contribute to essential local services such as schools, public safety, and infrastructure. Understanding how these factors interplay can help homeowners in Bruno plan their finances more effectively and potentially seek out available exemptions to reduce their tax burden.
Average Bruno Tax Bill
$269
Average Logan County Tax Bill
$306
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Bruno, Logan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25611 | $68 | $155 | $269 | $356 | $506 |
Source: Ownwell