Evans, Mason County, West Virginia Property Taxes
The median property tax rate in Evans, WV is 0.71%, slightly below both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in Evans at $86,100, the typical annual property tax bill is $545, significantly lower than the national median of $2,690. Property taxes in Evans are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Evans' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Evans or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Evans, Mason County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$611
$567
Ownwell’s Evans Property Tax Bill Calculator empowers homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Evans with just two key data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Evans to provide an accurate estimate of your property tax bill. This practical tool offers valuable insight into potential tax liabilities. For those curious about neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Evans, Mason County, West Virginia
Property taxes in Evans, 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 Evans is 0.53%, lower than both the West Virginia state median of 0.57% and the U.S. national median of 0.99%. Local government entities within Evans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evans 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. For comparison, the highest median property tax rate in the county is 0.53%, while the lowest median tax rate is also 0.53%. Understanding how these figures compare with Evans provides valuable insights into the varying tax landscape across Mason County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evans Tax Rate
0.71%
Average Mason County Tax Rate
0.71%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evans, Mason County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | 0.42% | 0.67% | 0.71% | 0.71% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Evans, Mason County, West Virginia
In Evans, 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 Mason 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 Evans, 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. For instance, the 25th percentile tax bill is $341, while the 75th percentile reaches $851, and the 90th percentile goes up to $1,158. 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 Evans helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Evans, Mason County, West Virginia
Source: Ownwell
$28,600
$63,000
$97,400
Average Evans Assessed Value
$86,100
Average Mason County Assessed Value
$68,400
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evans, Mason County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | $22,640 | $58,600 | $86,100 | $128,000 | $162,420 |
Source: Ownwell
Property Tax Bills Across Evans, Mason County, West Virginia
In Evans, located in Mason County, WV, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. Homeowners in Evans typically see a range of property tax bills, with the 25th percentile at $341 and the 75th percentile at $851. The highest median tax bill in the area is $545, which is consistent across the zip code 25241. Several factors influence the tax bill, including the home's assessed value, the local tax rate, and any applicable exemptions. For instance, a home with a median price of $86,100 will have its tax calculated by applying the local tax rate to the assessed value. This can significantly impact homeowners, as the property tax bill is a recurring expense that must be budgeted for annually. Compared to the national median property tax rate of 0.99%, homeowners in Evans might find their property tax bills more manageable, but it's crucial to stay informed about local assessments and rates to avoid surprises.
Average Evans Tax Bill
$545
Average Mason County Tax Bill
$486
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Evans, Mason County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25241 | $142 | $341 | $545 | $851 | $1,158 |
Source: Ownwell