Monroe County, West Virginia Property Taxes

Name: Property Tax Bills Across Monroe County, West Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Monroe County effective property tax rate: 0.63%, significantly lower than the national median of 1.02%.
Median Monroe County home value: $74,100
Median annual Monroe County tax bill: $436, $1,964 lower than the national median property tax bill of $2,400.

How are property taxes in Monroe County calculated?

Property taxes in Monroe County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Union or another part of Monroe County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Monroe County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$467

$433

Ownwell’s Monroe County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Monroe County with just two data points. By entering your property's estimated assessed value, our calculator applies Monroe County’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 more 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 Monroe County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Monroe County, West Virginia

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Monroe County's effective property tax rate to other counties in West Virginia or the U.S. median property tax rate.

West Virginia's Monroe County has an effective property tax rate of 0.63%, which is significantly lower than the national median property tax rate of 1.02%. This low rate can be a relief for property owners who are looking to save on their annual tax bills. The county's rate is consistent across its cities, with Talcott and Greenville both reflecting this rate. For property owners, this consistency provides a predictable tax environment. Comparing Monroe County's rate to the national median, it becomes apparent that property owners in this region benefit from a more affordable tax rate, potentially making it an attractive location for real estate investment.

Property Tax Rates Across Monroe County, West Virginia

Source: Ownwell

0.63%

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 Monroe County Tax Rate

0.63%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Monroe County, West Virginia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alderson	0.38%	0.63%	0.63%	0.64%	1.27%
Ballard	0.34%	0.48%	0.63%	0.63%	0.64%
Caldwell	0.41%	0.63%	0.63%	0.63%	0.64%
Gap Mills	0.38%	0.63%	0.63%	0.63%	1.27%
Greenville	0.36%	0.48%	0.63%	0.63%	0.63%
Lindside	0.36%	0.48%	0.63%	0.63%	0.64%
Peterstown	0.38%	0.50%	0.63%	0.63%	0.78%
Ronceverte	0.36%	0.50%	0.63%	0.63%	0.70%
Secondcreek	0.36%	0.47%	0.63%	0.63%	0.63%
Sinks Grove	0.35%	0.49%	0.63%	0.63%	0.63%
Talcott	0.63%	0.63%	0.63%	0.64%	0.70%
Union	0.33%	0.52%	0.63%	0.63%	0.78%
Waiteville	0.51%	0.63%	0.63%	0.63%	1.19%
Wayside	0.21%	0.45%	0.63%	0.63%	1.27%
Sweet Springs	N/A	N/A	N/A	N/A	N/A
Wolfcreek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Monroe County, West Virginia

When examining property taxes in Monroe County, 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 Monroe County Assessor's Office 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. Assessment notices: In Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Monroe County. For example, the median tax bill in Monroe County is $604, with tax bills ranging significantly across the county. Caldwell has the highest median home price at $92,600.

Property Tax Assessment Values Across Monroe County, West Virginia

Source: Ownwell

$50,300

$71,450

$92,600

Median Monroe County Market Value

$74,100

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Monroe County, West Virginia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alderson	$19,040	$41,850	$63,900	$98,000	$145,660
Ballard	$27,900	$51,850	$81,400	$120,650	$179,560
Caldwell	$40,100	$60,450	$92,600	$154,250	$188,000
Gap Mills	$15,760	$30,000	$54,400	$93,050	$134,360
Greenville	$21,960	$50,500	$78,100	$123,600	$189,660
Lindside	$23,400	$48,100	$81,600	$125,900	$183,800
Peterstown	$24,600	$52,350	$85,750	$125,000	$176,080
Ronceverte	$26,500	$37,050	$62,450	$97,525	$156,410
Secondcreek	$13,400	$34,200	$78,000	$127,100	$148,200
Sinks Grove	$27,310	$54,350	$90,000	$137,425	$191,020
Talcott	$10,920	$43,200	$78,700	$90,200	$107,540
Union	$23,700	$49,150	$76,800	$123,250	$193,720
Waiteville	$10,820	$31,100	$56,500	$98,850	$163,320
Wayside	$25,460	$35,400	$50,300	$89,300	$117,580
Sweet Springs	N/A	N/A	N/A	N/A	N/A
Wolfcreek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Monroe County, West Virginia

In Monroe County, WV, property tax bills are determined by the assessed value of a home and the local tax rate. The county's median home price is $74,100, significantly lower than the national median. Property taxes are calculated by applying the local tax rate to the assessed value of the property. For homeowners in Monroe County, the median property tax bill is notably lower than the national median of $2,400. The tax bill at the 25th percentile is $235, while at the 75th percentile, it rises to $718. The 90th percentile tax bill reaches $1,068, still below the national average. Factors such as location within the county can affect the tax bill, with Caldwell having the highest median tax bill at $604 and Wayside the lowest at $300. These property taxes can impact homeowners by influencing their overall housing costs and affordability. Understanding these factors is essential for homeowners to manage their financial planning effectively.

Property Tax Bills Across Monroe County, West Virginia

Source: Ownwell

$300

$452

$604

Median Monroe County Tax Bill

$436

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Monroe County, West Virginia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alderson	$121	$255	$408	$669	$937
Ballard	$137	$271	$471	$756	$1,140
Caldwell	$124	$333	$604	$946	$1,303
Gap Mills	$100	$184	$335	$553	$849
Greenville	$126	$238	$440	$705	$1,151
Lindside	$107	$258	$460	$748	$1,098
Peterstown	$148	$293	$502	$774	$1,107
Ronceverte	$143	$204	$381	$632	$896
Secondcreek	$31	$198	$466	$720	$968
Sinks Grove	$123	$277	$517	$831	$1,139
Talcott	$69	$274	$500	$636	$965
Union	$111	$258	$478	$802	$1,223
Waiteville	$64	$198	$359	$600	$927
Wayside	$76	$179	$300	$514	$661
Sweet Springs	N/A	N/A	N/A	N/A	N/A
Wolfcreek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell