Bluefield, Mercer County, West Virginia Property Taxes
Median Bluefield, WV effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the WV state median of 0.72%.
Median Bluefield, WV home value: $53,200
Median annual Bluefield, WV tax bill: $402, $1,998 lower than the national median property tax bill of $2,400.
How are property taxes in Mercer County calculated?
Property taxes in Bluefield, WV are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bluefield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bluefield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bluefield, Mercer County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$362
$336
Ownwell’s Bluefield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bluefield with just two data points.
By entering your property's estimated assessed value, our calculator applies Bluefield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Mercer County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Bluefield, Mercer County, West Virginia
Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is essentially the annual process.
In Bluefield, located in Mercer County, West Virginia, the effective property tax rate is 0.68%, which is significantly lower than the national median of 1.02%. This lower rate results in a more affordable property tax bill compared to the national median bill of $2,400. The property tax rates in Bluefield are consistent with the median rates across West Virginia, offering a favorable environment for property owners. Understanding these rates can be crucial for property owners looking to manage their expenses effectively. By comparing Bluefield's property tax rates to those in other cities within the state and to national figures, property owners can gain valuable insights into potential savings and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bluefield Tax Rate
0.68%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mercer County Tax Rate
0.68%
Median Effective West Virginia Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bluefield, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24701 | 0.34% | 0.61% | 0.68% | 0.83% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Bluefield, Mercer County, West Virginia
When examining property taxes in Bluefield, WV, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Mercer County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Mercer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bluefield. For example, the median home price in Bluefield is $53,200, with tax bills ranging significantly across the county. The 24701 zip code has the highest median home price at $53,200.
Property Tax Assessment Values Across Bluefield, Mercer County, West Virginia
Source: Ownwell
$16,100
$54,500
$92,900
Median Bluefield Market Value
$53,200
Median Mercer County Market Value
$60,200
Median West Virginia Market Value
$80,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bluefield, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24701 | $6,800 | $25,025 | $53,200 | $89,500 | $139,960 |
Source: Ownwell
Property Tax Bills Across Bluefield, Mercer County, West Virginia
Median Bluefield Tax Bill
$402
Median Mercer County Tax Bill
$442
Median West Virginia Tax Bill
$607
Median United States Tax Bill
$2,400
Property Tax Bills Across Bluefield, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24701 | $78 | $189 | $402 | $721 | $1,141 |
Source: Ownwell