Arthurdale, West Virginia Property Taxes
The median property tax rate in Arthurdale, WV is 0.64%, notably lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With a median home value of $106,850 in Arthurdale, the typical annual property tax bill amounts to $647, which is significantly less than the national median of $2,690. Property taxes in Arthurdale 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 Arthurdale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Arthurdale or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arthurdale, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$684
Ownwell’s Arthurdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arthurdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arthurdale 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 Arthurdale, West Virginia
Property taxes in Arthurdale, West Virginia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arthurdale is 0.64%, lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Arthurdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arthurdale 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 Arthurdale's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 26520 zip code has the highest median property tax rate of 0.64%, while the 26520 zip code also has the lowest median tax rate of 0.64%. Understanding how these cities compare with Arthurdale provides valuable insights into the varying tax landscape across Preston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arthurdale Tax Rate
0.64%
Average Preston County Tax Rate
0.64%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arthurdale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26520 | 0.44% | 0.52% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Arthurdale, West Virginia
In Arthurdale, 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 Preston County Assessor 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 Arthurdale, 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 Arthurdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 26520 has the highest median tax bill at $647, while the lowest median tax bill is also $647, reflecting a consistent tax landscape in the area.
Property Tax Assessment Values Across Arthurdale, West Virginia
Source: Ownwell
$22,100
$93,000
$163,900
Average Arthurdale Assessed Value
$106,850
Average Preston County Assessed Value
$68,500
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arthurdale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26520 | $68,450 | $89,850 | $106,850 | $132,550 | $183,650 |
Source: Ownwell
Property Tax Bills Across Arthurdale, West Virginia
In Arthurdale, located in Preston County, WV, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Arthurdale stands at $106,850. Homeowners can expect a tax bill that varies significantly depending on their property's value and specific circumstances. For instance, the tax bill at the 25th percentile is $413, while at the 75th percentile, it rises to $717, and at the 90th percentile, it can reach as high as $1,095. These tax bills are influenced by multiple factors, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Arthurdale's rates provide a relatively affordable option for homeowners. However, the impact on homeowners can vary, with higher-value properties facing steeper tax bills. Understanding these factors helps homeowners anticipate their annual expenses and plan accordingly.
Average Arthurdale Tax Bill
$647
Average Preston County Tax Bill
$473
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Arthurdale, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26520 | $329 | $413 | $647 | $717 | $1,095 |
Source: Ownwell