Bartow, West Virginia Property Taxes
The median property tax rate in Bartow, WV is 0.39%, significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in Bartow at $46,400, the typical annual property tax bill is $196, far less than the national median of $2,690. Property taxes in Bartow are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bartow'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 Bartow or another part of Pocahontas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bartow, 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 Bartow Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Bartow with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Bartow to provide an accurate estimate of your property tax bill. This valuable resource helps you anticipate potential tax liabilities, making financial planning more straightforward. For those interested in more detailed trends at the neighborhood level, additional localized information is available as you scroll down. Your property’s assessed value, determined by the county, is crucial for calculating property taxes and includes any applicable exemptions.
Property Tax Rates Across Bartow, West Virginia
Property taxes in Bartow, 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 Bartow is 0.39%, significantly lower than the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Bartow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartow 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 Bartow's effective property tax rate to other counties in West Virginia and the national median. For comparison, the highest median property tax rate in West Virginia is found in ZIP code 26508, with a rate of 0.58%, while the lowest median tax rate is in ZIP code 25124, at 0.29%. Understanding how these cities compare with Bartow provides valuable insights into the varying tax landscape across Pocahontas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bartow Tax Rate
0.39%
Average Pocahontas County Tax Rate
0.39%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartow, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24920 | 0.26% | 0.39% | 0.39% | 0.78% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Bartow, West Virginia
In Bartow, 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 Pocahontas 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 Bartow, 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 Bartow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 24920 has the highest and lowest median tax bill at $196.
Average Bartow Assessed Value
$46,400
Average Pocahontas County Assessed Value
$74,800
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bartow, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24920 | $11,880 | $25,000 | $46,400 | $85,400 | $130,800 |
Source: Ownwell
Property Tax Bills Across Bartow, West Virginia
In Bartow, Pocahontas County, WV, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. The median home price in Bartow is $46,400. Property taxes are determined by multiplying the assessed value by the local tax rate. The median property tax rate in the U.S. is 0.99%, but local rates can vary. Homeowners in Bartow experience a range of property tax bills. The tax bill at the 25th percentile is $97, while at the 75th percentile, it rises to $417. The 90th percentile sees tax bills as high as $884. These variations highlight how factors such as property improvements, neighborhood developments, and changes in market conditions can impact tax liabilities. The highest median tax bill in the area is $196, found in the 24920 zip code. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Bartow Tax Bill
$196
Average Pocahontas County Tax Bill
$346
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartow, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24920 | $46 | $97 | $196 | $417 | $884 |
Source: Ownwell