Glen White, West Virginia Property Taxes
The median property tax rate in Glen White, WV is 0.72%, aligning with the state median but still lower than the national median of 0.99%. With a median home value of $20,900, the typical annual property tax bill in Glen White is $164, significantly below the national median of $2,690. Property taxes here 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 Glen White'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 Glen White or another part of Raleigh County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glen White, 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 Glen White Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glen White. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Glen White to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Raleigh County for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across Glen White, West Virginia
Property taxes in Glen White, 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 Glen White is 0.72%, which is lower than the U.S. national median of 0.99%. Local government entities within Glen White set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen White 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 Glen White's effective property tax rate to other counties in West Virginia and the national median. For comparison, the 25849 zip code has the highest median property tax rate of 0.72%, while the same zip code also has the lowest median tax rate of 0.72%. Understanding how these cities compare with Glen White provides valuable insights into the varying tax landscape across Raleigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen White Tax Rate
0.72%
Average Raleigh County Tax Rate
0.72%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen White, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25849 | 0.36% | 0.72% | 0.72% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Glen White, West Virginia
In Glen White, 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 Raleigh 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. 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 Glen White helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, in zip code 25849, the median tax bill is $164.00, which is both the highest and lowest median tax bill in the area.
Average Glen White Assessed Value
$20,900
Average Raleigh County Assessed Value
$52,200
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen White, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25849 | $4,080 | $10,600 | $20,900 | $36,250 | $56,340 |
Source: Ownwell
Property Tax Bills Across Glen White, West Virginia
In Glen White, Raleigh County, WV, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Homeowners in this area experience a range of property tax bills, with the 25th percentile paying around $77, while the 75th percentile faces bills closer to $270. At the 90th percentile, tax bills can reach up to $398. The median home price in Glen White is $20,900, which influences the overall tax burden. Several factors contribute to the calculation of property tax bills, including the assessed value of the home, local tax rates, and any applicable exemptions or deductions. These taxes fund essential services such as schools, infrastructure, and public safety, directly impacting the quality of life for residents. Compared to the national median property tax rate of 0.99%, Glen White's property taxes can be considered relatively manageable, offering homeowners a more affordable living situation while still contributing to the community's needs.
Average Glen White Tax Bill
$164
Average Raleigh County Tax Bill
$419
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen White, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25849 | $28 | $77 | $164 | $270 | $398 |
Source: Ownwell